fortis fortuna adiuvat
Carpe diem: Intraday tactics for Dax and Dow
- #3,021
- Dec 11, 2014 5:48am Dec 11, 2014 5:48am
- Joined Nov 2013 | Status: Made in Germany | 19,871 Posts
- #3,022
- Dec 11, 2014 5:49am Dec 11, 2014 5:49am
- Joined May 2014 | Status: Full Time Trader | 27,096 Posts
waiting for 9796 DPP for clues....
Focus only on what truly matters!
- #3,023
- Dec 11, 2014 5:51am Dec 11, 2014 5:51am
- Joined Nov 2013 | Status: Made in Germany | 19,871 Posts
fortis fortuna adiuvat
- #3,024
- Dec 11, 2014 5:58am Dec 11, 2014 5:58am
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
Don't be a hero. Don't have an ego. Always question yourself
- #3,025
- Dec 11, 2014 6:00am Dec 11, 2014 6:00am
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
{quote} Before price goes down it always goes up first..
, does it work the other way around too?
Don't be a hero. Don't have an ego. Always question yourself
- #3,027
- Dec 11, 2014 6:03am Dec 11, 2014 6:03am
- Joined May 2014 | Status: Full Time Trader | 27,096 Posts
{quote}
Focus only on what truly matters!
- #3,030
- Dec 11, 2014 6:17am Dec 11, 2014 6:17am
- Joined May 2014 | Status: Full Time Trader | 27,096 Posts
maybe you guys should look at a larger t/f and you would see that the Dax has changed trend short term and its down with lower daily highs and lower daily lows {image}
My earlier post:
Hello and Good Morning Folks, Dax arrived on a major support area (Daily chart) as you can see from yesterday's chart of doggette (was too lazy to use mine atm.. sorry) but you get the idea.. Bears have free way if this breaks but I am not so optimistic as it is a first touch.. in the past lines like these are usually passed by 2nd trial.. But we will watch and go with the flow anyway.. sharpen your reflexes.. the game begins in 30 minutes
...oh and one more thing: we have 3 black crows pattern on dax daily chart.. it is a good...
Focus only on what truly matters!
- #3,032
- Dec 11, 2014 6:19am Dec 11, 2014 6:19am
- Joined May 2014 | Status: Full Time Trader | 27,096 Posts
{quote} lol. Which way is it? Confused! {image}
Focus only on what truly matters!
- #3,033
- Dec 11, 2014 6:21am Dec 11, 2014 6:21am
- Joined Nov 2013 | Status: Made in Germany | 19,871 Posts
fortis fortuna adiuvat
- #3,034
- Dec 11, 2014 6:22am Dec 11, 2014 6:22am
- Joined Nov 2013 | Status: Made in Germany | 19,871 Posts
{quote} lol. Which way is it? Confused! {image}
fortis fortuna adiuvat
- #3,035
- Dec 11, 2014 6:34am Dec 11, 2014 6:34am
- Joined May 2014 | Status: Full Time Trader | 27,096 Posts
Focus only on what truly matters!
- #3,036
- Dec 11, 2014 6:36am Dec 11, 2014 6:36am
- Joined Nov 2013 | Status: Made in Germany | 19,871 Posts
Fdax (30 min.) Price was rejected at fib 78.6%, (last lowest low 9735 to last highest high 9875).. I expect an inner retrace before price tests support again.. Target could be around fib 50% --> 9820 Happy Trades
fortis fortuna adiuvat
- #3,037
- Dec 11, 2014 6:42am Dec 11, 2014 6:42am
Deltone.....I agree that the trend isn't broken ...but it is in a short term reversal /correction after posting a new swing high@10097 from swing low @ 8356. Most retracements/corrections/reversal...call them what you may are at least 23.6% to 38.2%... but I dont have to tell you that because I am sure you know Below 9743 next untested fib level is at 9685 with the monthly pivot @ 9697.... It may well test those levels....it may not. I'm a believer in trading with the trend........ and as they say...is it up or is it down?
and as they say...is it up or is it down?
- #3,038
- Dec 11, 2014 6:43am Dec 11, 2014 6:43am
- Joined May 2014 | Status: Full Time Trader | 27,096 Posts
{quote} Dein Wort in Gottes Ohr
Happy Trades
Focus only on what truly matters!
- #3,039
- Dec 11, 2014 6:47am Dec 11, 2014 6:47am
- Joined Nov 2013 | Status: Made in Germany | 19,871 Posts
{quote} Es war einmal ein Mann der hatte einen Schwamm.. der Schwamm war ihm zu nass.. da ging er auf die Strass.. die Strass war ihm zu kalt, da ging er in den Wald, der Wald war ihm zu grün.. da fuhr er nach Berlin.. Berlin war ihm zu gross.. da fuhr er wieder los..
fortis fortuna adiuvat
- #3,040
- Dec 11, 2014 6:50am Dec 11, 2014 6:50am
- Joined Nov 2013 | Status: Made in Germany | 19,871 Posts
Deltone.....I agree that the trend isn't broken ...but it is in a short term reversal /correction after posting a new swing high@10097 from swing low @ 8356. Most retracements/corrections/reversal...call them what you may are at least 23.6% to 38.2%... but I dont have to tell you that because I am sure you know Below 9743 next untested fib level is at 9685 with the monthly pivot @ 9697.... It may well test those levels....it may not. I'm a believer in trading with the trend........
fortis fortuna adiuvat