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Carpe diem: Intraday tactics for Dax and Dow

  • #3,161
  • Dec 12, 2014 11:32am Dec 12, 2014 11:32am
Quoting gio123
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?
Price has broken through the monthly pivot at 9697....as long price stays below 9732.....price should go test a 38.2% retracement at 9430area....my view only....trend is your friend...trade what you see
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  • #3,162
  • Dec 12, 2014 11:45am Dec 12, 2014 11:45am
Quoting jmss59
{quote} sl = be now.
As the price will do the MM of my operations DOWN has never:

partial closure of 0.25 lots for 20 pips and put the operation in BE +3

partial closure of 0.50 lots for 45 pips

partial closure of 0.25 lots discretion
  • #3,163
  • Dec 12, 2014 11:52am Dec 12, 2014 11:52am
Quoting Ata-Turkoglu
{quote} No I don't accept that.. this is not normal.. all I can say.. the bottom could be 9610, 9605 even 9600 but 9582 really stinks to me.. you will see how price will climb up over 9618 soon.. because they have to equalize the difference.. how they do it I don't understand but some aholes put more money into the market than registered.. Happy Trades
you can make calculations all day long, but what price does might be far away from that. no offence, but markets really do not care.
any price is as good as the other (in trading - investing is totally different).
cash and carry arbitrage will eliminate "incorrect" prices during xetra session within milli-seconds. (that´s why i trade dax only when xetra is open; Ausnahmen bestätigen die Regel). the rest is bid and ask with volume. we are out there in order to make money, not to be right. and as everybody knows i´m a bull so i think this drop was far beyond driven, especially the last hour xetra trading. but f.e., if there is an algo with a simple logic "sell s1 and keep it till xetra close, sl = s1" - what is wrong with this? nothing, i guess.

good luck for your trading on monday, have a great weekend, Ata!
fortis fortuna adiuvat
  • #3,164
  • Dec 12, 2014 11:54am Dec 12, 2014 11:54am
This is the EA that manages the operations MM
Attached File(s)
File Type: mq4 lvoe 1.6.1.mq4   16 KB | 346 downloads
  • #3,165
  • Dec 12, 2014 12:03pm Dec 12, 2014 12:03pm
Quoting jmss59
{quote} As the price will do the MM of my operations DOWN has never: partial closure of 0.25 lots for 20 pips and put the operation in BE +3 partial closure of 0.50 lots for 45 pips partial closure of 0.25 lots discretion
Last partial lots 0.25 + 3 pips
  • #3,166
  • Dec 12, 2014 12:04pm Dec 12, 2014 12:04pm
h12 ,
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Click to Enlarge Name: Germany 30 h12 (DFB).png Size: 24 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #3,167
  • Dec 12, 2014 12:05pm Dec 12, 2014 12:05pm
Quoting deltaone
{quote} you can make calculations all day long, but what price does might be far away from that. no offence, but markets really do not care. any price is as good as the other (in trading - investing is totally different). cash and carry arbitrage will eliminate "incorrect" prices during xetra session within milli-seconds. (that´s why i trade dax only when xetra is open; Ausnahmen bestätigen die Regel). the rest is bid and ask with volume. we are out there in order to make money, not to be right. and as everybody knows i´m a bull so i think this...
Wise words that you say
  • #3,168
  • Dec 12, 2014 12:06pm Dec 12, 2014 12:06pm
Quoting deltaone
{quote} you can make calculations all day long, but what price does might be far away from that. no offence, but markets really do not care. any price is as good as the other (in trading - investing is totally different). cash and carry arbitrage will eliminate "incorrect" prices during xetra session within milli-seconds. (that´s why i trade dax only when xetra is open; Ausnahmen bestätigen die Regel). the rest is bid and ask with volume. we are out there in order to make money, not to be right. and as everybody knows i´m a bull so i think this...
When you play poker at least you want that nobody cheats and uses decent cards.. in this huge trading world you can't see who is hiding the damn cards..

I know I can never prove my theory.. but I am not stupid either to sense that something doesn't fit.. some pull hidden cash or stocks into the market at those critical moments and levels.. then they slowly take it out before anyone notices.. just a theory though..

Anyway.. it is what it is... new day on Monday.. same tactics.. show must go on..

Happy Trades
Focus only on what truly matters!
  • #3,169
  • Dec 12, 2014 12:15pm Dec 12, 2014 12:15pm
Quoting jmss59
{quote} Wise words that you say
i have my bright moments :nerd:
congratulations for your trades
fortis fortuna adiuvat
  • #3,170
  • Dec 12, 2014 12:22pm Dec 12, 2014 12:22pm
Quoting Ata-Turkoglu
{quote} When you play poker at least you want that nobody cheats and uses decent cards.. in this huge trading world you can't see who is hiding the damn cards.. I know I can never prove my theory.. but I am not stupid either to sense that something doesn't fit.. some pull hidden cash or stocks into the market at those critical moments and levels.. then they slowly take it out before anyone notices.. just a theory though.. Anyway.. it is what it is... new day on Monday.. same tactics.. show must go on.. Happy Trades
i never would say you´re stupid, although i disagree with your theory. yes, a part of the trading (dark pools) you can´t watch, but fdax volume and orders can be monitored via eurex order book and stocks via xetra order book (not that i look at this source when i´m trading, would cost me time in which price moves faster than i am able to interprete... the chart is the fastest news ticker...)

Und jetzt trinke ich mir die Kurse schön
fortis fortuna adiuvat
  • #3,171
  • Dec 12, 2014 12:27pm Dec 12, 2014 12:27pm
Quoting Ata-Turkoglu
Opened long manually at 9643.. Happy Trades
Hi Ata. Where did you get that level from? I cant find the reason on my chart..

Good weekend
  • #3,172
  • Dec 12, 2014 12:29pm Dec 12, 2014 12:29pm
Quoting Ata-Turkoglu
{quote} When you play poker at least you want that nobody cheats and uses decent cards.. in this huge trading world you can't see who is hiding the damn cards.. I know I can never prove my theory.. but I am not stupid either to sense that something doesn't fit.. some pull hidden cash or stocks into the market at those critical moments and levels.. then they slowly take it out before anyone notices.. just a theory though.. Anyway.. it is what it is... new day on Monday.. same tactics.. show must go on.. Happy Trades
ATA, you too are right that the market can be manipulated, but we must have the tools to detect these manipulations and act accordingly. I put several examples of graphs in which the volume is crucial to open operations:
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  • #3,173
  • Dec 12, 2014 12:31pm Dec 12, 2014 12:31pm
Quoting deltaone
{quote} i never would say you´re stupid, although i disagree with your theory. yes, a part of the trading (dark pools) you can´t watch, but fdax volume and orders can be monitored via eurex order book and stocks via xetra order book (not that i look at this source when i´m trading, would cost me time in which price moves faster than i am able to interprete... the chart is the fastest news ticker...) Und jetzt trinke ich mir die Kurse schön
Ich auch....

Schönes Wochenendchen..

Happy Weekends to All
Focus only on what truly matters!
  • #3,174
  • Dec 12, 2014 12:33pm Dec 12, 2014 12:33pm
Quoting jmss59
{quote} ATA, you too are right that the market can be manipulated, but we must have the tools to detect these manipulations and act accordingly. I put several examples of graphs in which the volume is crucial to open operations: {image} {image} {image}
Thanks for the effort bro.. appreciate

Happy Weekends
Focus only on what truly matters!
  • #3,175
  • Dec 12, 2014 12:33pm Dec 12, 2014 12:33pm
Quoting deltaone
{quote} i have my bright moments :nerd: congratulations for your trades
and also thanks
  • #3,176
  • Dec 12, 2014 12:39pm Dec 12, 2014 12:39pm
Quoting fxdk
{quote} Hi Ata. Where did you get that level from? I cant find the reason on my chart.. Good weekend
Based on my magnetic lines system.. it always gives me slightly bigger targets and normally I even downsize my calculations.. but today I pushed it even further to reach the 9582 and nope couldn't get to it at all.. the maximum target I got was 9618.. I put my SL even 8 points below it and was so sure.. but it was strongly hit.. that was the reason why I was so pissed off after the move..

Anyway.. will take these deviations into consideration starting from next week..

Happy Weekends
Focus only on what truly matters!
  • #3,177
  • Dec 12, 2014 12:56pm Dec 12, 2014 12:56pm
Fdax (5 min.)

IMO, next 2 possible targets.. if price can break yellow resistance line..

Happy Trades
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Focus only on what truly matters!
  • #3,178
  • Dec 12, 2014 12:58pm Dec 12, 2014 12:58pm
Quoting Bones
h12 , {image}
later
Don't be a hero. Don't have an ego. Always question yourself
  • #3,179
  • Dec 12, 2014 1:07pm Dec 12, 2014 1:07pm
Quoting Bones
h12 , {image}
hi Bones,

welcome to carpe diem. like your clean charts - but i dislike your arrow to 8000 .
any open positions atm?
fortis fortuna adiuvat
  • #3,180
  • Dec 12, 2014 1:12pm Dec 12, 2014 1:12pm
Hi d ,thanks ,no honestly I hoped for push bit higher and have been busy elsewhere ,but Dax I may focus all my attention to on the bear side
to be bear like that off 10,000 is a great situ

Quoting deltaone
{quote} hi Bones, welcome to carpe diem. like your clean charts - but i dislike your arrow to 8000 . any open positions atm?
On-site guru & also FF member's' psychiatrist, when not drinking tea
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