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Carpe diem: Intraday tactics for Dax and Dow

  • #22,361
  • May 13, 2016 8:50am May 13, 2016 8:50am
Quoting stylinex
Those have to be QE funds that just kicked in today. No one buys like that on a Friday when everything is red.
  • #22,362
  • May 13, 2016 8:56am May 13, 2016 8:56am
#22'359 & 22'360

last week (#21'859) I have had three open orders open.
Why closed it into a loss, when time could give these order a chance to turn into the profit zone?
With a stop loss it would be a 100% loss order immediately.
..& if you compare in #21'859 the three open orders, it could close all into the profit this week.
Think about it!
The only task what you have to do is put out the wins from your accounts
so that the deposits are solely your risk capital, when market are getting weird ideas.
FXcube
  • #22,363
  • May 13, 2016 8:59am May 13, 2016 8:59am
Quoting Forexcube
#22'359 & 22^360 last week (#21'859) I have had three open orders open. Why closed it into a loss, when time could give these order a chance to turn into the profit zone? With a stop loss it would be a 100% loss order immediately. Think about it? FXcube
I thought about it actually today and you're absolutely right. You can always close both of them anytime you want but until you do you don't have any losses. It just to have your mind re-tuned to hedging.
  • #22,364
  • May 13, 2016 9:01am May 13, 2016 9:01am
Quoting Forexcube
#22'359 & 22^360 last week (#21'859) I have had three open orders open. Why closed it into a loss, when time could give these order a chance to turn into the profit zone? With a stop loss it would be a 100% loss order immediately. Think about it? FXcube
You have a point. If one trades small entries then they could wait it out for a profit. That does sound like a good strategy Have a few accounts and open a buy or short for x10 then wait for trade to run your way before exiting that trade. It seems to work for you which is great I only have one account and trying to call direction with one account does not always work out right. It is more of a gamble with one account and one direction because before the trade goes in your direction it could fly in the opposite direction first before returning to your entry price.
  • #22,365
  • May 13, 2016 9:03am May 13, 2016 9:03am
I hope you understand now in a more qualified way my risk strategy.
The 25% profit target is reached & I can shelve and terminate my example (#21'579).
FXcube
  • #22,366
  • May 13, 2016 9:05am May 13, 2016 9:05am
Quoting jupiter13
{quote} I thought about it actually today and you're absolutely right. You can always close both of them anytime you want but until you do you don't have any losses. It just to have your mind re-tuned to hedging.
There are times though when this strategy does not work and that is when market is at peak and it corrects from there or when market is at bottom and it shoots up from there but if you make such an entry where it is in the middle then it is bound to cross your entry price. It does work but it depends on the timing of your entry.
  • #22,367
  • May 13, 2016 9:05am May 13, 2016 9:05am
Quoting stylinex
{quote} You have a point. If one trades small entries then they could wait it out for a profit. That does sound like a good strategy Have a few accounts and open a buy or short for x10 then wait for trade to run your way before exiting that trade. It seems to work for you which is great I only have one account and trying to call direction with one account does not always work out right. It is more of a gamble with one account and one direction because before the trade goes in your direction it could fly in the opposite direction...
#22'365

exactly!
... & longer time frames need other strategies (& other risk profile) for your market orders than scalping ones.
FXcube
  • #22,368
  • May 13, 2016 9:06am May 13, 2016 9:06am
Quoting Forexcube
I hope you understand now in a more qualified way my risk strategy. The 25% profit target is reached & I can shelve and terminate my example. FXcube
That I do not understand.. What do you mean? How do you calculate 25% profit target?
  • #22,369
  • May 13, 2016 9:10am May 13, 2016 9:10am
Quoting Forexcube
If someone should be interested I would start an experiment for one month (this mai) at this thread here. Let me explain the project, please. 4 x 10'000.-$ account, A1*, A2*, A3*,A4* I would publish my trades profit target: net +25% (10'000.-$) in mai (& balanced losses) trades are in this case like: DAX, Long @ 9'980 (50x) means: 1x = 1.-$ per pip, so 50 x = 50.-$ per pip. Duration: 1.5. -31.5 Have a think about it! ...& give me an answer, please. FXcube {image}
#21'572
  • #22,370
  • May 13, 2016 9:11am May 13, 2016 9:11am
Quoting stylinex
{quote} That I do not understand.. What do you mean? How do you calculate 25% profit target?
#22'369

take a look at #21'572, please.
...you can read it in two ways - 4 x 10'000.-$ Account & make 25% of 10'000.-$ or of 40'000.-$
A conservative person would choose more probably the first option, depending on his risk tolerance
& the ability to melk the market.
FXcube
  • #22,371
  • May 13, 2016 9:20am May 13, 2016 9:20am
Je vous souhaite un bon week-end et beau temps!
FXcube
Attached Image
  • #22,372
  • May 13, 2016 9:34am May 13, 2016 9:34am
Quoting Forexcube
Je vous souhaite un bon week-end et beau temps! FXcube {image}
Have a nice weekend.
  • #22,373
  • May 13, 2016 9:42am May 13, 2016 9:42am
Quoting Forexcube
{quote} #21'859 9. - 13. Mai 2016: +17'100.-$ started: #21'579 2-13. Mai 2016 Total result exclusive two open orders: A*5 +28'980.-$ {image}
Spectacular !
have a great weekend.

regards mojepole
  • #22,374
  • May 13, 2016 9:44am May 13, 2016 9:44am
Quoting Forexcube
#22'359 & 22'360 last week (#21'859) I have had three open orders open. Why closed it into a loss, when time could give these order a chance to turn into the profit zone? With a stop loss it would be a 100% loss order immediately. ..& if you compare in #21'859 the three open orders, it could close all into the profit this week. Think about it! The only task what you have to do is put out the wins from your accounts so that the deposits are solely your risk capital, when market are getting weird ideas. FXcube






Hi FX,

I'm following you a while and i like your way of trading!!!

Congratulations! Well done!!!
  • #22,375
  • May 13, 2016 9:58am May 13, 2016 9:58am
Quoting Forexcube
{quote} #21'859 9. - 13. Mai 2016: +17'100.-$ started: #21'579 2-13. Mai 2016 Total result exclusive two open orders: A*5 +28'980.-$ {image}
Motivating Thanks
"Men Who Can Both Be Right & Sit Tight Are Uncommon" ~ Jesse Livermore
  • #22,376
  • May 13, 2016 10:00am May 13, 2016 10:00am
Quoting Forexcube
Je vous souhaite un bon week-end et beau temps! FXcube {image}
A vous aussi bonne fin de semaine
Dites moi serait il possble de vous poser des questions lundi prochain merci
Gaby
  • #22,377
  • May 13, 2016 10:04am May 13, 2016 10:04am
Quoting acit
Next Big Decision levels on Daily chart are 9920.9 and 9840.1 (thick white Hor lines below) Look for short or long patterns at these points. I will post updates when I can. {image}
Valid short pattern on 9920.9

I am short DAX to new low TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 40 KB
  • #22,378
  • May 13, 2016 10:22am May 13, 2016 10:22am
Quoting Schmidt
Larry Williams Forecast looks pretty accurate so far.: {image}
This seems to match this story for rate increase in September
http://m.investing.com/news/economy-...nisters-401904
  • #22,379
  • May 13, 2016 10:27am May 13, 2016 10:27am
Quoting acit
{quote} Valid short pattern on 9920.9 I am short DAX to new low TP {image}
It is still at about 9945 now
Attached Image (click to enlarge)
Click to Enlarge Name: image.png Size: 429 KB
  • #22,380
  • May 13, 2016 11:03am May 13, 2016 11:03am
Quoting gabsky
{quote} A vous aussi bonne fin de semaine Dites moi serait il possble de vous poser des questions lundi prochain merci Gaby
#22'377

merēi!
bien sūr, gabsky!
FXcube
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