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Carpe diem: Intraday tactics for Dax and Dow

  • #3,621
  • Edited 7:31am Dec 19, 2014 7:18am | Edited 7:31am
Quoting Cprice76
{quote} Hi there, Just looking at your scalp trades.They appear to be more gambles to be honest with your rules.I have backtested your results and it would be more profitable for you to trade longer term ( ie DAX +200 and just do the " event breakout " trades"). As the saying goes,"Less is more"
Hi - an interesting comment, especially as I have never published all of my rules / filters, I have only given "hints" to help the inquisitive work things out for themselves

Trading is all about what suits the individual trader and most of the time I limit myself to ~2 hours in the morning and another ~2 hours in the afternoon.

During the last 4 weeks, the average maximum swings available during these periods were 80.4 points in 14.5 x 5m bars in the morning and 84.1 pts in 15.2 x 5m bars in the afternoon. A total available of 164.5 pts / day. The average from close to close for the period was 65 pts / day.

Thus IMO, the more appealing strategy is to spend a limited time trying extract the maximum points from the morning and then the afternoon swings.

However, my research is ongoing into different strategies

Regards

Islander

PS As per my post # 3325 a couple of days ago, I do not consider myself a scalper. Been there, done that in forex with several hundred trades / day and ~400% weekly return using 100% leverage......bloody hard work!!

PSS An excellent thread for ideas on the use of Moving Averages to generate Intra Day signals is Phillip Nell's 2007 thread on 5m trading - that's what started me on the use of MAs more than seven years ago!
Trading Levels with WRBs
  • #3,622
  • Dec 19, 2014 7:22am Dec 19, 2014 7:22am
Quoting deltaone
{quote} http://www.eurexchange.com/exchange-...idx/dax/17206/
Thank you!
  • #3,623
  • Edited 7:47am Dec 19, 2014 7:36am | Edited 7:47am
Quoting Tallyho
Long 9750 SL 12 TP as before - open +15 - SL moved to -5
BE now - so time for lunch. No idea how high this might go, but between 9857 and 9890 is what I'm looking at if it gets some legs.

HAha! so that's what happens when you sneak away to eat a Cornish pastie! out BE. No more longs today.
  • #3,624
  • Dec 19, 2014 7:41am Dec 19, 2014 7:41am
Quoting ZA Rhino
Well I think that's wrap from this side... Off to hide away in the mountains and will not be back here till the new year. So you all and yours have a great Christmas and Happy New Year. See you on the other side. {image}
Merry xmas mate. Enjoy the time off
Corripe Cervisiam!
  • #3,625
  • Dec 19, 2014 8:34am Dec 19, 2014 8:34am
could it go higher to 9900 because of triple witching day?
  • #3,626
  • Dec 19, 2014 8:37am Dec 19, 2014 8:37am
this was my first day after the intermezzo and my last trading day in 2014. relatively quiet, but thatīs ok, collected some points with my dax etf.
doing the p/l now, than last minute shopping as every year and than itīs time for my family

http://wallalay.com/wp-content/uploa...background.jpg

cu 2015

all the best
d1
fortis fortuna adiuvat
  • #3,627
  • Dec 19, 2014 8:46am Dec 19, 2014 8:46am
Frohe Weihnachten und ein frohes neues Jahr

D1

Bernard

http://funstoc.com/wp-content/upload...-cards-11.jpeg
Trade Your P/L, Trade the Market. Manage your Risk.
  • #3,628
  • Dec 19, 2014 8:51am Dec 19, 2014 8:51am
Quoting deltaone
this was my first day after the intermezzo and my last trading day in 2014. relatively quiet, but thatīs ok, collected some points with my dax etf. doing the p/l now, than last minute shopping as every year and than itīs time for my family {image} cu 2015 all the best d1
Merry Christmas and a Happy New Year!
Frohe Weihnachten und ein glückliches neues Jahr!
  • #3,629
  • Dec 19, 2014 8:51am Dec 19, 2014 8:51am
Quoting BernardWG
Frohe Weihnachten und ein frohes neues Jahr D1 Bernard {image}
Danke!
fortis fortuna adiuvat
  • #3,630
  • Dec 19, 2014 9:19am Dec 19, 2014 9:19am
Hi all,
what do you think about this Ross pattern (on H4)?

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 53 KB
If you do not know who you are, the Forex is the worst place to find you
  • #3,631
  • Dec 19, 2014 9:41am Dec 19, 2014 9:41am
Quoting Ata-Turkoglu
Hi brother.. wow you opened a new thread on intraday basis? Great idea.. I am definitely in Viel Erfolg für Dich auch Happy Trades
many things we can do in the world of forex . one forex factory provides much convenience when playing the forex . You can also search on google about tips and articles on forex holic.
  • #3,632
  • Dec 19, 2014 9:47am Dec 19, 2014 9:47am
From my earlier post......Thus IMO, the more appealing strategy is to spend a limited time trying extract the maximum points from the morning and then the afternoon swings.

Often, like delta1, I trade the Dow in the US Session.....here, a total of ~180 points were available.......how much any trader makes out of the gross available is down to him / her

The total for the equivalent moves in Dax is 165 pts, well above the 85.1 pts average mentioned in my post above and I'm finished for this week

The points are gross from the moves above / below the fast MA - viz. the basic entries.
Attached Image (click to enlarge)
Click to Enlarge Name: dec19 dow 1m 1533 gmt.png Size: 38 KB
Trading Levels with WRBs
  • #3,633
  • Dec 19, 2014 9:47am Dec 19, 2014 9:47am
Quoting deltaone
this was my first day after the intermezzo and my last trading day in 2014. relatively quiet, but thatīs ok, collected some points with my dax etf. doing the p/l now, than last minute shopping as every year and than itīs time for my family {image} cu 2015 all the best d1
Good work D1.

All the best for you and your family.

You might have to put away the broccoli suit in 2015. That's just a guess though
Corripe Cervisiam!
  • #3,634
  • Dec 19, 2014 9:49am Dec 19, 2014 9:49am
Quoting deltaone
this was my first day after the intermezzo and my last trading day in 2014. relatively quiet, but thatīs ok, collected some points with my dax etf. doing the p/l now, than last minute shopping as every year and than itīs time for my family {image} cu 2015 all the best d1

Hey D1 - good to see that you've escaped from the FF Jail

Best wishes for Christmas and the New Year to you and your family

Islander
Trading Levels with WRBs
  • #3,635
  • Dec 19, 2014 9:56am Dec 19, 2014 9:56am
Quoting Islander
{quote} Hey D1 - good to see that you've escaped from the FF Jail Best wishes for Christmas and the New Year to you and your family Islander
thanks, Islander. same to you!

Quoting paddlepip
{quote} Good work D1. All the best for you and your family. You might have to put away the broccoli suit in 2015. That's just a guess though
thanks, will think about it next year. dito!
fortis fortuna adiuvat
  • #3,636
  • Dec 19, 2014 9:59am Dec 19, 2014 9:59am
Quoting Islander
From my earlier post......Thus IMO, the more appealing strategy is to spend a limited time trying extract the maximum points from the morning and then the afternoon swings. Often, like delta1, I trade the Dow in the US Session.....here, a total of ~180 points were available.......how much any trader makes out of the gross available is down to him / her The total for the equivalent moves in Dax is 165 pts, well...
Hi islander,What indicators (ma) and template are u using?Mind to share.
  • #3,637
  • Dec 19, 2014 10:43am Dec 19, 2014 10:43am
Quoting Islander
{quote} Trading is all about what suits the individual trader and most of the time I limit myself to ~2 hours in the morning and another ~2 hours in the afternoon.ongoing into different strategies PSS An excellent thread for ideas on the use of Moving Averages to generate Intra Day signals is Phillip Nell's 2007 thread on 5m trading - that's what started me on the use of MAs more than seven years ago!
Thanks for the nod on Phillip Nell . Looks good .

Regards
  • #3,638
  • Dec 19, 2014 11:00am Dec 19, 2014 11:00am
Quoting Klioss
{quote} Thank you!
Immer gern!
fortis fortuna adiuvat
  • #3,639
  • Dec 19, 2014 11:39am Dec 19, 2014 11:39am
What are your calls for the Christmas week? A resumption of the rally or is today the start of a reversal down?
Volatility makes me feel alive!
  • #3,640
  • Dec 21, 2014 5:02am Dec 21, 2014 5:02am
Quoting deltaone
{quote} Immer gern!
At last i can see a red diamond ......you really deserve it ..... merry Xmas to all ........

Landsat
Logic will take you from A to B Imagination will take you anywhere (A.E)
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