Carpe diem: Intraday tactics for Dax and Dow

Entered again

Out and reversed

Hi FC, i cant make out your pricing, you were on M1 tp 17,320 but the price was no where near that, are you on a diff futures platform, i will attach an image to show my prices, its hard to follow your calls they seem invalid when compared to my screen, thanks

Bullish pattern emerging on EURUSD. I'm not prepared to enter any late positions on the Dax, I don't have clear signals. I think I may wait for next week. Good luck guys!

me to

Your graphs switched from bullish to bearish now?

meine freunde mit gelds .......how does DAX behave during the Xmas season..

am thinking of calling it a week...i resume 4th Jan 2016..

thanks..

finally,..also 2nd target hit@10502+85

nice 4 a rocky friday, wishing good week-end and happy hollidays

Looks like 4th quarter options for DAX closed around 10500

What Caused this sell off? was it because of the triple witching, or is it the reaction of the rate hike? lets see if we get a Christmas rally monday or a continuation of the downtrend..

What do you guys Think?

It was quadruple witching! The Christmas rally will come😀🎅🎅🎅

morning all , we r 100 points higher from closing numbers, lets see if we can close gap, under 10600 i will short it.

I was a little concerned with another possible tight range today, however, I went long 3 mini's on pre-trade hour once it broke through the 200sma on 1m, around low 10560s. This gave me the signal that the gap could be closed. Closed 2 mini's for +15, closed the other for +30. Then re-opened several around 10590, and closed quite a few of them for only +5, as it was too much risk, kept one alive and closed it for +30. Not the best trading, but hey, its green pts.

For me, 7sma on Daily of 10531 was not broken during trading hours, so to me this signaled upside. However, the 10621pts level which is the 38.2% Fib from 29 Sept to 1 Dec swing, seemed to be an important level of support/resistance, which has been tested a few times; and this was the reason for me to exit the last trade at this level.

My next levels of support below 10531pts IMO are:
- 10500 BRN
- 10477 50% from 15 Dec to 17 Dec.

I think these levels will hold, unless there is a major sell-down across Global Indices when NYSE opens.

A lot of the major Indices look bearish on higher TFs - SP, Dow, Nikkei, FTSE, ASX. However, China/HK looks a bit bullish though.

To the upside, I think we are limited to 20sma on Daily which is around 10766pts as another key resistance level, which I dare say it may take a couple of days to get there. Then followed by 200sma On Daily (10868pts).

I wouldn't be surprised if we range between 10531 and 10621, with a possible break to upside before NYSE opens, then perhaps down again.

GM - sold 10,621 SL now +1

Edit: SL to +10

Closed +10 on stop

Sold 10,628 sl now +1

Closed +26 at BRN

Long 10,604 SL now +1

Edit: SL to +15

Edit SL to +25

Closed +46 at TP