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Carpe diem: Intraday tactics for Dax and Dow

  • #14,801
  • Nov 4, 2015 4:24am Nov 4, 2015 4:24am
Quoting Islander
Research on the 15 second TF continues.....entries as shown during the first hour {image}
Hello Captain, could you please tell how to create these 15 seconds charts in mt4? Is there any guide or PDF which could help in setting up please?
  • #14,802
  • Nov 4, 2015 4:26am Nov 4, 2015 4:26am
Quoting stylinex
Either the economies are getting much better or the bubbles are getting much bigger. I do not see the economies getting much better. Everyone I know of in just about every industry says this year sales are worse compared to last year and previous years.
Is the DAX heading down to 10750? To the start of the move.
  • #14,803
  • Nov 4, 2015 4:29am Nov 4, 2015 4:29am
Looks like a wave 4 up in a larger wave 3 down
  • #14,804
  • Nov 4, 2015 4:35am Nov 4, 2015 4:35am
Resistance at pivot point 10944.3
  • #14,805
  • Nov 4, 2015 4:47am Nov 4, 2015 4:47am
Quoting Islander
Research on the 15 second TF continues.....entries as shown during the first hour {image}
8:46 same entry as me.

Could you write some statistic about BEs,Losses, Winners?
  • #14,806
  • Nov 4, 2015 4:55am Nov 4, 2015 4:55am
Hopefully end of wave 5 up within minor wave 4 of larger wave 3 down - max height 10955.6
  • #14,807
  • Nov 4, 2015 5:27am Nov 4, 2015 5:27am
Quoting tradeforlife
{quote} Hello Captain, could you please tell how to create these 15 seconds charts in mt4? Is there any guide or PDF which could help in setting up please?
Please check your PM
Trading Levels with WRBs
  • #14,808
  • Edited 5:45am Nov 4, 2015 5:30am | Edited 5:45am
Quoting nuckern
{quote} 8:46 same entry as me. Could you write some statistic about BEs,Losses, Winners?

Well done - this is very much "work in progress" and what you are asking for is a lot of additional work, so not right now.

All I will say is that the 15 sec chart allows "sharper" entries than those that I have posted before in this thread......some weeks ago for a week I posted RT trades - that should give you some ideas

Edit: Check the trades in the week of this post # 13,027 "I made a mistake and failed to put in my SL and took a hit for 16 pts - IMO one of the problems when trying to post in real time and watch three monitors. So that's sufficient RT posting for me.

As posted: Monday 153 pts in 6 trades. Tues 135 in 4. Wed 120 in 7 and Thurs 120 in 6.....so trading the intra-day swings off the 1m chart CAN be profitable, although its hard work! BFN"
Trading Levels with WRBs
  • #14,809
  • Nov 4, 2015 5:44am Nov 4, 2015 5:44am
Quoting traderblah
10918 stumbling block to shorts as previous cross over of 5/15 ma on the way up
10925 another prior cross over

Edit: Hopefully 8 ema on the minute chart will keep longs in check
  • #14,810
  • Nov 4, 2015 5:50am Nov 4, 2015 5:50am
Quoting traderblah
{quote} 10925 another prior cross over
Again, mentioned many times, deciding when NOT to trade is also important. Look at the ranges of the last 3 hours and this should help tell you why I went out an hour and a half ago.....
Trading Levels with WRBs
  • #14,811
  • Nov 4, 2015 5:56am Nov 4, 2015 5:56am
S1 10890.7
  • #14,812
  • Nov 4, 2015 6:02am Nov 4, 2015 6:02am
Quoting Islander
Research on the 15 second TF continues.....entries as shown during the first hour {image}
Wow, some of these were bold or I may be misreading. I am playing with this too. Currently I have S5, S15, M1 all open for entry timing on one monitor and higher timeframes on the other for analysis. I have reduced down to 2 MA's for this.

Another machine is running the execution platform. Need more monitors to really do this (I have 2 big ones, need 3).

There is some merit in watching for testing of support and resistance then simply waiting for the MAs to come into alignment and enterring after a retracement test and fail to the MA's. Oh sounds so easy. My entries were good today, my exits not. Testing not live I must stress. The attached shows entries and exits - not all achieved. Chart shrunk as it shows the breadth of the morning thus far. For some reason not all indies seem to work on these charts - pivots, sweetspots and SR_zones most notably (you getting this?) so I watch the support and resistance levels on higher timeframes. Basically its everything I would do on an FX chart just on a much tighter timeframe. Not sure about 10 points as a stop just yet.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 206 KB
Katte, kabuto no o wo shime yo. Size doesn't matter, leverage is the killer
  • #14,813
  • Nov 4, 2015 6:11am Nov 4, 2015 6:11am
Quoting Islander
{quote} Please check your PM
Hi Captain, checked my pm and didn't receive anything yet :-)
  • #14,814
  • Nov 4, 2015 6:12am Nov 4, 2015 6:12am
Anyone else expecting a bigger pull back from 11000 levels ?... You all still seem bullish on the DAX............
Que Sera
  • #14,815
  • Nov 4, 2015 6:13am Nov 4, 2015 6:13am
Quoting revoli
{quote} Wow, some of these were bold or I may be misreading. I am playing with this too. Currently I have S5, S15, M1 all open for entry timing on one monitor and higher timeframes on the other for analysis. I have reduced down to 2 MA's for this. Another machine is running the execution platform. Need more monitors to really do this (I have 2 big ones, need 3). There is some merit in watching for testing of support and resistance then simply waiting for the MAs to come into alignment and enterring after a retracement test and fail to the MA's....
Hi R - glad you've got it up and running and I too don't have SS or Pivots on these charts - no prob as I have them on 1m & 5m which I also have open. Remind me via PM of your email and later I'll pass on a couple of ideas
Best
Islander
Trading Levels with WRBs
  • #14,816
  • Nov 4, 2015 6:16am Nov 4, 2015 6:16am
Quoting tradeforlife
{quote} Hi Captain, checked my pm and didn't receive anything yet :-)
Should be OK now
Trading Levels with WRBs
  • #14,817
  • Nov 4, 2015 6:41am Nov 4, 2015 6:41am
New crisis for VW shares and DAX is still green.. Talk about an invisible hand lifting this DAX INDEX. In the old days even a rumor of something like this would send the whole DAX tanking 5% at minimum but in today's world with QE Packages any bad news could be out and the index will still be green.
  • #14,818
  • Nov 4, 2015 7:07am Nov 4, 2015 7:07am
Quoting Islander
{quote} Well done - this is very much "work in progress" and what you are asking for is a lot of additional work, so not right now. All I will say is that the 15 sec chart allows "sharper" entries than those that I have posted before in this thread......some weeks ago for a week I posted RT trades - that should give you some ideas
No biggie. ) It's worth waiting.

I think I remember it. But I'll look it up anyway.

I know you move the SL from -10 to -5 to +1 but some of these entries didn't go even to 10points... So I'm curious.. Coz that's where I'm struggling.. bad entries and how to get out with a least damage as possible... And about 15sec charts TOO sharp for me sometimes ))
  • #14,819
  • Nov 4, 2015 7:21am Nov 4, 2015 7:21am
adp = non-event. back for yellen.
fortis fortuna adiuvat
  • #14,820
  • Nov 4, 2015 7:26am Nov 4, 2015 7:26am
Gone are the days where economies drive markets. Now (well.. for some years) it appears the attempt is to drive markets to spur economies... It might not continue to work (I haven't seen an example where it has). If it does work (it appears these policy setters are trying to recreate the growth seen yesteryear, by any means, at all costs) finance books world wide will need revisions (for very wrong reasons).

Hopefully the next cohort of policy setters appreciate this.

Rant over/
Corripe Cervisiam!
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