Attachments: Carpe diem: Intraday tactics for Dax and Dow

Carpe diem: Intraday tactics for Dax and Dow

#22,861
May 26, 2016 12:54am May 26, 2016 12:54am

derekw
Joined Mar 2013 | Status: Trader | 1,581 Posts

Quoting cove

Disliked

@Derekw - thanks for sharing your indicators a while ago - do you mind also sharing the BSTrend indy (tried the link on your website, but to no avail) many thx

Ignored

It's not a bad indicator, but like all of them they just report, not predict. It re-paints some what, as it must do, so you may notice that once 3 bars are set it'll keep at least one bar should price run against it.

Attached File(s)

BSTrend.mq4 3 KB | 368 downloads

BSTrend.ex4 12 KB | 302 downloads

#22,862
May 26, 2016 12:57am May 26, 2016 12:57am

derekw
Joined Mar 2013 | Status: Trader | 1,581 Posts

Quoting PariCovek

Disliked

I can't see the Dax going to 15,000pts this year, not even 12,400pts. We may see the top of that downtrend line, around 10,700pts in the short to medium term. I'll be prepared to short quite heavily if we get there. I mean US Equities is nearing all time highs, but the Dax is way below its highs from last year, largely due to a number of factors like European Banks are less profitable in a low rate environment, emissions scandals in the auto industry, and Bayer's takeover proposal has wiped heaps off its mkt capt. I see 2016 another year of a sideways...

Ignored

I like your sideways view - quite possible.

#22,863
May 26, 2016 1:05am May 26, 2016 1:05am

stylinex
Joined Aug 2013 | Status: Trader | 4,057 Posts

Quoting Unique-SA

Disliked

@stylinex don't forget it is Thursday your favorite day lol. I will not trade today like you because last week Thursday my trade was bad. I might scalp for 10 points only lol.

Ignored

Thursday is roller coaster days but today I really doubt we see a roller coaster day (nothing is impossible but I personally highly doubt it) because we had 400 point gains the last couple of days. Shorts were squeezed out and longs booked their profits way before the top hit I believe. Not many people saw 10,200 coming. Notice how when it got to 10,200 it just sat there for quite some time. Not many sellers or buyers at that price is why. Either QE money moves us up from here or Hedge Funds sell here. Risky so I am out still. Patience will pay when opportunity arises and one will arise. Cash is king when opportunity arises. In reality every year we see 3-4 great opportunities and if you can sit patiently until those opportunities come around you can make good money. Either play the daily zig zags and try to beat the big boys with their computer controlled buys and sells or wait till they make the move and then get in.

Wish you luck

#22,864
May 26, 2016 1:18am May 26, 2016 1:18am

Forexcube
Joined Nov 2009 | Status: Trader | 27,245 Posts

today's "corpus christi" in some regions of germany.

Fronleichnam: ist gesetzlicher Feiertag in folgenden Bundesländern:
Baden-Württemberg, Bayern, Hessen, Nordrhein-Westfalen, Rheinland-Pfalz, Saarland

#22,865
Edited 3:49am May 26, 2016 1:23am | Edited 3:49am

Forexcube
Joined Nov 2009 | Status: Trader | 27,245 Posts

Quoting Forexcube

Disliked

...for scalping & swinging trades "pip++" {image}

Ignored

#22'828

"pip++" - started: 2016 Mai 25

yesterday: +4.9%
actual +17.4%

target: 100% within 2 months.
let's see!

actual profit 2016 Mai 26
"pip++"

Attached Image (click to enlarge)

Click to Enlarge

Name: pip++, 2016 Mai 26.jpg
Size: 114 KB

#22,866
May 26, 2016 1:28am May 26, 2016 1:28am

Forexcube
Joined Nov 2009 | Status: Trader | 27,245 Posts

Quoting stylinex

Disliked

{quote} Patience will pay when opportunity arises and one will arise. Cash is king when opportunity arises. In reality every year we see 3-4 great opportunities and if you can sit patiently until those opportunities come around you can make good money.

Ignored

#22,867
May 26, 2016 1:54am May 26, 2016 1:54am

stylinex
Joined Aug 2013 | Status: Trader | 4,057 Posts

10192, almost back at 10200. If one shorts now and places a stop loss order @10,210 we would probably sees pop up from there and even though your stop loss order was placed at 10,210 it will probably execute at 10,230 or above. They will later tell you that market can sometimes move in either direction which could lead to financial losses 😏 So it is best to sit this one out still. European market should follows Asian markets today I reckon. Maybe Brexit will bring back volatility and fear. I think Brexit will bring that one of three or 4 good opportunities that arise every year for making good money on those few trades.

#22,868
May 26, 2016 2:31am May 26, 2016 2:31am

jmss59
Joined Sep 2013 | Status: Trader | 1,407 Posts

Seems, so far, the area R2 10231 weekly, is still difficult to overcome.

#22,869
May 26, 2016 2:56am May 26, 2016 2:56am

Unique-SA
| Joined Apr 2013 | Status: Trader | 36 Posts

Oil is above 50 noting is impossible for DAX. I would start shorting when if reaches 10400 because it breaks above 200 Expo MA ( Bullish ). 10400 looks to me as a double TOP and it is a good place to start shorting. GL to all

It is not a shame to fall .. but shame that we cannot rise

#22,870
Edited 3:40am May 26, 2016 3:17am | Edited 3:40am

Forexcube
Joined Nov 2009 | Status: Trader | 27,245 Posts

DAX, Daily, 2016 Mai 26

larger price movements could occure at all times & everywhere;
I like to trade in the consolidating phase the ups & downs;
another strategy could be to invest into breakouts
& in scalping here & there.
It's just the luck of draw!
FXcube

Attached Image (click to enlarge)