Carpe diem: Intraday tactics for Dax and Dow | Page 52 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

DAX, Nikkei 225 and Dow Jones only 11 replies

CFD DAX & DOW and more 17 replies

Carpe Diem: Nikkei 225 14 replies

finding good trades with Nasdaq, dow, spx, and dax 43 replies

Daily pivot point indicator on mt4 for dow and dax 1 reply

Attachments: Carpe diem: Intraday tactics for Dax and Dow
Exit Attachments

Carpe diem: Intraday tactics for Dax and Dow

  • #1,021
  • Edited 7:37am Oct 15, 2014 7:09am | Edited 7:37am
dax tested monday-low (8681). if dax falls below that (1m candle close) i expect an accelerated down move, s3 would be likely than today:

http://td.md.it-finance.com/ProRealT...g&purpose=file

shorting that low was a fine plan. +30
fortis fortuna adiuvat
  • #1,022
  • Oct 15, 2014 7:48am Oct 15, 2014 7:48am
Quoting fxdk
What does BRN stand for?
I personally don't call 9700 or 6500 or 7300 etc. as BRN.. they are all MRN (Medium Round Numbers) a big round number is 7000... 9000... and 10.000 for example.. so the stress on passing 10.000 is much higher than the stress on passing 7400 for example.. I hope you get the idea..

Happy Trades
Focus only on what truly matters!
  • #1,023
  • Oct 15, 2014 7:55am Oct 15, 2014 7:55am
Quoting deltaone
dax tested monday-low (8681). if dax falls below that (1m candle close) i expect an accelerated down move, s3 would be likely than today: {image} shorting that low was a fine plan. +30

I was with you .....so far, S2 is holding as the low, with today's range 231 vs the 5 ADR at 187....from my daily chart, I have my first fib expn for the wave C at 8506.....so maybe S 3 - 70 pts lower - will come into play....and IF so, I'll be back on the south bound express....
Trading Levels with WRBs
  • #1,024
  • Oct 15, 2014 7:58am Oct 15, 2014 7:58am
Thanks
  • #1,025
  • Oct 15, 2014 8:03am Oct 15, 2014 8:03am
Quoting Islander
{quote} I was with you .....so far, S2 is holding as the low, with today's range 231 vs the 5 ADR at 187....from my daily chart, I have my first fib expn for the wave C at 8506.....so maybe S 3 - 70 pts lower - will come into play....and IF so, I'll be back on the south bound express....
yes, s2 looks like the bottom atm. will drink a coffee now, waiting for ny open
fortis fortuna adiuvat
  • #1,026
  • Oct 15, 2014 8:16am Oct 15, 2014 8:16am
Quoting deltaone
{quote} yes, s2 looks like the bottom atm. will drink a coffee now, waiting for ny open
IMO, that's always the best plan when trading off the lower TFs, trade, bank some and then take a 5 / 10 min break away from the screen.....
Trading Levels with WRBs
  • #1,027
  • Oct 15, 2014 8:23am Oct 15, 2014 8:23am
I reckon we set new lows for the DAX this week
  • #1,028
  • Oct 15, 2014 8:40am Oct 15, 2014 8:40am
katsching! s3 hit. +30
fortis fortuna adiuvat
  • #1,029
  • Oct 15, 2014 8:49am Oct 15, 2014 8:49am
Quoting deltaone
katsching! s3 hit. +30
I got a feeling SPX will break 1809 from last time so DAX will most likely set new lows in the coming days. Taiwan's Index set a new low today as foreign institutions sold. This means the big boys are dumping and the government did not intervene which means that they either see further lows or see this as a healthy correction after all these gains from all these years. We had a bull market for 6 years now
  • #1,030
  • Oct 15, 2014 8:56am Oct 15, 2014 8:56am
short @8640 sl -10 tp +30 (dax < s2 again)

sl hit. -10
fortis fortuna adiuvat
  • #1,031
  • Oct 15, 2014 9:03am Oct 15, 2014 9:03am
Fdax

Opened long 8655..

SL: 8548, TP not yet

Happy Trades
Focus only on what truly matters!
  • #1,032
  • Edited 9:20am Oct 15, 2014 9:05am | Edited 9:20am
Quoting deltaone
katsching! s3 hit. +30
...big volumes ~these lows both in dax & dow etc and I've been buying since 1m after that low.....last one closed at MS 2 Monday's low....

IF I buy again, next target will be the 50% retrace of today's 300 pt range / S1.....TWT

Edit: and I did at 8651.....SL now +5

Edit: out +5 on stop, after price made a 1m LH, so the retrace may be finished for now....
Trading Levels with WRBs
  • #1,033
  • Oct 15, 2014 9:19am Oct 15, 2014 9:19am
Quoting Islander
{quote} ...big volumes ~these lows both in dax & dow etc and I've been buying since 1m after that low.....last one closed at MS 2 Monday's low.... IF I buy again, next target will be the 50% retrace of today's 300 pt range / S1.....TWT Edit: and I did at 8651.....SL now +5
fast moving market - money´s raining from above
scalping-modus...
fortis fortuna adiuvat
  • #1,034
  • Oct 15, 2014 10:08am Oct 15, 2014 10:08am
Quoting stylinex
{quote} I got a feeling SPX will break 1809 from last time so DAX will most likely set new lows in the coming days. Taiwan's Index set a new low today as foreign institutions sold. This means the big boys are dumping and the government did not intervene which means that they either see further lows or see this as a healthy correction after all these gains from all these years. We had a bull market for 6 years now
agreed. to fast, to long, to high.
fortis fortuna adiuvat
  • #1,035
  • Oct 15, 2014 10:09am Oct 15, 2014 10:09am
Quoting Ata-Turkoglu
Fdax Opened long 8655.. SL: 8548, TP not yet Happy Trades
I apologize.. made a little mistake.. ignore my last post.. only 1 trade open atm which I am quoting on this post..

Happy Trades
Focus only on what truly matters!
  • #1,036
  • Oct 15, 2014 10:50am Oct 15, 2014 10:50am
S8560 SL 70 TP30
  • #1,037
  • Oct 15, 2014 10:56am Oct 15, 2014 10:56am
Quoting lakhan
S8560 SL 70 TP30
SL hit
  • #1,038
  • Oct 15, 2014 11:02am Oct 15, 2014 11:02am
Just testing something at the moment.

S8571 SL 81 TP 51
S8577 SL 87 TP 51
  • #1,039
  • Oct 15, 2014 11:12am Oct 15, 2014 11:12am
16000 dow today?
fortis fortuna adiuvat
  • #1,040
  • Oct 15, 2014 11:15am Oct 15, 2014 11:15am
TP's hit
Quoting lakhan
Just testing something at the moment. S8571 SL 81 TP 51 S8577 SL 87 TP 51
16 traders viewing now