Carpe diem: Intraday tactics for Dax and Dow

long @9825,4 sl -10 tp +30

sl hit. -10

long q9750,5 sl -10 tp +30

sl moved and hit. +-0 sorry, can´t post realtime here and skype at the same time.

good luck!

short 9754 as a intradayswing trade, 30 points stop

Hi Cube, you mean at any moment all TFs have their own 'truth' - probability of possible market direction, so you position yourself according to that, big TF small amount, small TF large(r) amount?

got out be when 10M bar put in a doji looking to reshort though at the end of this hour

Right old battle going on right now...one feels if the bears win we'll plunge a lot lower, but the bulls are fighting hard to take this up, though I'm not one of them right now, too dangerous. Watching and waiting. 76.4% now waits, and I have S1 at 684.

DAX/DOW cash

PP 9814.6/16305.7
S1 9685.4/16128.8

Seems as though the EUR pairs are really effecting the Dax today... I wonder what stocks are bought and sold by the Algo's in connection to movements on the EUR pairs.

covered what I went short @ 35 at 27 and went small long there

got out be, short is too risky here ...

The Bulls have it ( for now at least )

No they don't, but all is not lost for a turn around, as we have to break yesterday's low. The strength of the selling as opposed to the buying however does indicate which side is stronger, as this has been bearish since the start of the year. 9,500 is really the key support level and I think the market has this in its sights now, so there's bound to be a fairly big reaction if it gets there as there was in August and at the end of Sept.

closing my dow short now and wont touch the market till 2.30 uk time.

We'll miss you D1

don´t worry. i´m not skyping all day long...

#18'807


Hi Carpathian

This
" Hi Cube, you mean at any moment all TFs have their own 'truth'- probability of possible market direction "
is correct


but here you make an uncorrect deduction
", so you position yourself according to that, big TF small amount, small TF large(r) amount?"

I could also scalp with 10 times as much at smallest TF in calm markets or further in high volatile markets depending on my actual risk tolerance which is extreme variable and not fix in my concept, but this has nothing to do if TF is small.
The bigger view are gives me more the sense of risk quality of the possible biggest/er lost at first.
I could also make bigger investments at higher TF.

Excursus:
The market is algorithm market (~70%) and the market in the last years has changes fundamentally. In future, ...we have to expect more sudden abrupt & bigger price movements, more irrational market behavior more intolerance (pendulum swing-outs) towards false and/or mistaken reports, hoax, canards, hacking reports & teledata at CNB, BBC,...
Indicators didn't scan these events increasingly. They were the product rather of historical data of "normal market movements".

Kindest regards
FXcube

long @9692,8 sl-10 tp +30

good timing!