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Carpe diem: Intraday tactics for Dax and Dow

  • #19,521
  • Feb 2, 2016 10:34am Feb 2, 2016 10:34am
Quoting stylinex
{quote} Before we had two weeks of ups and two weeks of downs. Last week was the last week of the down week and we just started the first week of down week. Opened down and headed down this week.
I'm Long with Hedge Stop at 16170
Cheers, U2
Wait, or you will be slaughtered!
  • #19,522
  • Feb 2, 2016 10:49am Feb 2, 2016 10:49am
Quoting Uturn2
{quote} I'm Long with Hedge Stop at 16170 Cheers, U2
6H Chart:
Seeing this downturn as corrective.
Cheers, U2
Attached Image (click to enlarge)
Click to Enlarge Name: DOW 160202 6H [2].png Size: 94 KB
Wait, or you will be slaughtered!
  • #19,523
  • Feb 2, 2016 10:59am Feb 2, 2016 10:59am
Quoting Uturn2
{quote} I'm Long with Hedge Stop at 16170 Cheers, U2
Oil is sitting barely above $30, if it breaks $30 this week and tanks I reckon markets come down with it. Either a bottom here with a bounce or new lows coming up. Quite a gamble from here. My guess though is down
  • #19,524
  • Feb 2, 2016 11:31am Feb 2, 2016 11:31am
Can anyone recommend a pivot indy that enables daily start and end times to be entered to filter out off hours data (ie specify Dow open and close times for calculation purposes)?
Katte, kabuto no o wo shime yo. Size doesn't matter, leverage is the killer
  • #19,525
  • Feb 2, 2016 11:31am Feb 2, 2016 11:31am
Planning a long at 9403 with a SL below 9333 and a tentative TP at 9707.

9403 is a rally base drop and a 1Hr demand nested within a 4 hr demand which took out two opposing supply zones at 9605 and 9677. The levels are not clean and pretty but the takeoff from there is 5:1 which could yield a few pips.

Any thoughts?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2016-02-02 GER 30 long 1Hr.JPG Size: 166 KB
Click to Enlarge Name: 2016-02-02 GER 30 long.JPG Size: 154 KB
  • #19,526
  • Feb 2, 2016 11:58am Feb 2, 2016 11:58am
Quoting Uturn2
Hi All, DOW 6H looks like it wants to turn [correction over]? It's Crossed the MA's. Waiting to see the 6H and 4H close [London 12pm]. Looking for a Long if it turns [US session]. Cheers, U2 {image}


So it got to 9525 as expected but unfortunately I got stopped out by 2 points.
2 little points made the difference between +100pip and -50pip.

Also, I will post some charts when I get home trying to explain what I mean by "point of no return", but so far I've been right a lot more often than not. I was just wondering if anyone would have ideas to help me improving the strategy.

Or maybe there are similar strategies that I could study. I just couldn't find anything yet.
  • #19,527
  • Feb 2, 2016 12:47pm Feb 2, 2016 12:47pm
Quoting TiagoF
{quote} So it got to 9525 as expected but unfortunately I got stopped out by 2 points. 2 little points made the difference between +100pip and -50pip. Also, I will post some charts when I get home trying to explain what I mean by "point of no return", but so far I've been right a lot more often than not. I was just wondering if anyone would have ideas to help me improving the strategy. Or maybe there are similar strategies that I could study. I just couldn't find anything yet.
Can you post a chart of how it played out?
  • #19,528
  • Feb 2, 2016 1:26pm Feb 2, 2016 1:26pm
Quoting revoli
Can anyone recommend a pivot indy that enables daily start and end times to be entered to filter out off hours data (ie specify Dow open and close times for calculation purposes)?
Get data from here yahoo_finance, paste into doc, wala..

All the best

Attached File(s)
File Type: xlsx pivot_calcs_.xlsx   28 KB | 283 downloads
  • #19,529
  • Feb 2, 2016 1:32pm Feb 2, 2016 1:32pm
Quoting TiagoF
{quote} So it got to 9525 as expected but unfortunately I got stopped out by 2 points. 2 little points made the difference between +100pip and -50pip. Also, I will post some charts when I get home trying to explain what I mean by "point of no return", but so far I've been right a lot more often than not. I was just wondering if anyone would have ideas to help me improving the strategy. Or maybe there are similar strategies that I could study. I just couldn't find anything yet.
Have you looked at Nanningbobs stuff? Not exactly the same but might give you some ideas on how to progress. http://www.forexfactory.com/showthread.php?t=246113
Katte, kabuto no o wo shime yo. Size doesn't matter, leverage is the killer
  • #19,530
  • Feb 2, 2016 2:43pm Feb 2, 2016 2:43pm
Quoting revoli
{quote} Have you looked at Nanningbobs stuff? Not exactly the same but might give you some ideas on how to progress. http://www.forexfactory.com/showthread.php?t=246113
Thank you, I will definitely have a look asap.

In the mean time, here's a screenshot from yesterday's analysis for today's trade.
Unfortunately most of the previous days are gone because I generally delete the lines when they don't seem relevant any more.

EDIT:
That fibonacci is sort of an experiment and it's measured from years ago.
Also, 9625 is basically the breakout of that trend plus a few pips for safety.
Attached Image (click to enlarge)
Click to Enlarge Name: 01-02-2016DAX.jpg Size: 178 KB
  • #19,531
  • Feb 2, 2016 3:05pm Feb 2, 2016 3:05pm
Quoting revoli
Can anyone recommend a pivot indy that enables daily start and end times to be entered to filter out off hours data (ie specify Dow open and close times for calculation purposes)?
I used this one: http://www.mypivots.com/investment-c...int-calculator, though in Sierra I have day and evening times setup properly and it calculates only from day session (8:30-16:00 CT). Results are the same after rounding.
  • #19,532
  • Feb 2, 2016 6:32pm Feb 2, 2016 6:32pm
For tomorrow:

Long @9550 TP @9650 SL9500
Short @9450 TP @9350 SL9500
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 02-02-2016DAX.jpg Size: 234 KB
Click to Enlarge Name: 02-02-2016DAX(1).jpg Size: 217 KB
  • #19,533
  • Feb 2, 2016 7:56pm Feb 2, 2016 7:56pm
One bloody add morning for Hong Kong and Japan this morning prior to Chinese New Years. Both markets are down over 600 points within the hour
Attached Image (click to enlarge)
Click to Enlarge Name: image.png Size: 389 KB
  • #19,534
  • Feb 3, 2016 1:25am Feb 3, 2016 1:25am
Anyone open any positions yet?
  • #19,535
  • Feb 3, 2016 1:46am Feb 3, 2016 1:46am
Quoting stylinex
Anyone open any positions yet?
Yes, I was long on pre-trade open thinking we would touch the 200sma on 5m, and if we broke that then 20SMA on 1H.

Long 3 mini's @ 9492.8, exit 3 @ +7pts (initial price stalling at BRN).
Long 7 mini's @ 9484.3, exit 5 @ +15pts (initial price stalling at BRN), exit 1 at +22pts, exit 1 at 29pts.
  • #19,536
  • Feb 3, 2016 1:51am Feb 3, 2016 1:51am
Today's support and resistance. I see possible downward move later in the day, perhaps some early buyers as we gapped down a bit.

Key Resistance:
9,966.00: R3
9,881.70: R2
9,766.80: R1
9,765.60: Fib 76.4%
9,725.50: 1H - 200 SMA
9,707.20: Daily - 20 SMA
9,696.70: Daily - 7 SMA (*key)
9,692.60: 4H - 20 SMA (*key)
9,682.50: DPP
9,567.60: S1
9,554.10: 4H - 7 SMA (*key)
9,529.70: 1H - 20 SMA

Key Supports
9,512.70: 5M - 200 SMA (*key)
9,500.00: BRN
9,483.30: S2
9,481.80: 1M - 200 SMA (*key)
9,476.20: 1H - 7 SMA
9,368.40: S3
9,253.80: Fib 100%
  • #19,537
  • Feb 3, 2016 1:58am Feb 3, 2016 1:58am
Here was my first trade. I closed it already at 9529
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpeg Size: 507 KB
  • #19,538
  • Feb 3, 2016 2:11am Feb 3, 2016 2:11am
That was 15m 100sma resistance in case anyone wondered why it turned on a pin like that. I'm looking at 480-462 for support here. My last level would be 428 to stop it pushing further down.
  • #19,539
  • Feb 3, 2016 2:15am Feb 3, 2016 2:15am
GM
if the price breaks the daily support of 9464, its next destination 9408-9390
Attached Image (click to enlarge)
Click to Enlarge Name: 03-02-16.jpg Size: 472 KB
  • #19,540
  • Feb 3, 2016 2:21am Feb 3, 2016 2:21am
Quoting jmss59
GM if the price breaks the daily support of 9464, its next destination 9408-9390 {image}
That just got taken out
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