Carpe diem: Intraday tactics for Dax and Dow | Page 1197 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

DAX, Nikkei 225 and Dow Jones only 11 replies

CFD DAX & DOW and more 17 replies

Carpe Diem: Nikkei 225 14 replies

finding good trades with Nasdaq, dow, spx, and dax 43 replies

Daily pivot point indicator on mt4 for dow and dax 1 reply

Attachments: Carpe diem: Intraday tactics for Dax and Dow
Exit Attachments

Carpe diem: Intraday tactics for Dax and Dow

  • #23,921
  • Jul 6, 2016 3:21am Jul 6, 2016 3:21am
Since I'm only selling as determined in post #23911, I'm not long this move, but hunting out the next short. Let's hope it works again!
Attached Image (click to enlarge)
Click to Enlarge Name: DAX.PNG Size: 26 KB
  • #23,922
  • Edited 4:33am Jul 6, 2016 3:22am | Edited 4:33am
DAX OR (First 60 minutes Opening Range) 9420/9520.
I wait for a break out of that range. Up or down.
Trading inside the OR is just scalping some points.

50% extension of the OR is 9368, which is also the POC of June 27. (POC = Price Of Controll/Market Profile level)

Short on 9418.
T1 +11 2 lot. (Futures)
Still 1 lot to go.

POC hit on 9368 +45

Next target could be +/- 9310. Green line on TPO chart.
Attached Image (click to enlarge)
Click to Enlarge Name: Knipsel.JPG Size: 82 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #23,923
  • Jul 6, 2016 3:31am Jul 6, 2016 3:31am
short again...
Attached Image (click to enlarge)
Click to Enlarge Name: DAX.PNG Size: 27 KB
  • #23,924
  • Jul 6, 2016 3:32am Jul 6, 2016 3:32am
Quoting Dutchy Daxy
DAX OR (First 60 minutes Opening Range) 9420/9520. I wait for a break out of that range. Up or down. Trading inside the OR is just scalping some points.
I agree, but the scalps can run into your breakout...
  • #23,925
  • Jul 6, 2016 3:33am Jul 6, 2016 3:33am
SL=BE
  • #23,926
  • Jul 6, 2016 3:41am Jul 6, 2016 3:41am
Attached Image (click to enlarge)
Click to Enlarge Name: DAX.PNG Size: 29 KB
  • #23,927
  • Jul 6, 2016 3:43am Jul 6, 2016 3:43am
Attached Image (click to enlarge)
Click to Enlarge Name: DAX.PNG Size: 44 KB
  • #23,928
  • Jul 6, 2016 3:49am Jul 6, 2016 3:49am
TP
Will look to sell of retracement...
Attached Image (click to enlarge)
Click to Enlarge Name: DAX.PNG Size: 41 KB
  • #23,929
  • Jul 6, 2016 4:09am Jul 6, 2016 4:09am
Quoting derekw
{quote} I agree, but the scalps can run into your breakout...
Yes true. That's why you need good SL management.
It's better to be out wishing to be in... than to be in wishing to be out!
  • #23,930
  • Jul 6, 2016 4:16am Jul 6, 2016 4:16am
Maybe bottoming out on these lower green lines (singles called) and close that old GAP on 9255.

Longer term vision: we have to go up later again to cover the upper single lines.
(kind of GAPS in the TPO chart/single blocks plotted)


Unless we gone see a Nexit/Dexit/Frexit. lol
Attached Image (click to enlarge)
Click to Enlarge Name: FDXM 09-16 (30 Min) 6-7-2016.jpg Size: 129 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #23,931
  • Edited 4:49am Jul 6, 2016 4:33am | Edited 4:49am
Quoting Dutchy Daxy
DAX OR (First 60 minutes Opening Range) 9420/9520. I wait for a break out of that range. Up or down. Trading inside the OR is just scalping some points. 50% extension of the OR is 9368, which is also the POC of June 27. (POC = Price Of Controll/Market Profile level) Short on 9418. T1 +11 2 lot. (Futures) Still 1 lot to go. POC hit on 9368 +45 Next target could be +/- 9310. Green line on TPO chart. {image}
SL 9358 trailer. (60 points locked in)

Flat +22 T1 & +60 Trailer.

Gold still going up. VIX going up.
Markets are nervous
It's better to be out wishing to be in... than to be in wishing to be out!
  • #23,932
  • Jul 6, 2016 4:49am Jul 6, 2016 4:49am
Quoting stylinex
{quote} Recently the 2% up or down movements have been followed by the same the following day.
Pretty much the same repeat process. Lose 1.8-2.5% and the following day is similar, gain 1.8-2.5% and the following day is also similar. Either they squeeze the Bulls out or squeeze the Bears out. Bears did well this week and bulls did great last week
  • #23,933
  • Jul 6, 2016 4:53am Jul 6, 2016 4:53am
Quoting stylinex
{quote} Pretty much the same repeat process. Lose 1.8-2.5% and the following day is similar, gain 1.8-2.5% and the following day is also similar. Either they squeeze the Bulls out or squeeze the Bears out. Bears did well this week and bulls did great last week
Thats keeps up busy and awake!
It's better to be out wishing to be in... than to be in wishing to be out!
  • #23,934
  • Jul 6, 2016 4:56am Jul 6, 2016 4:56am
I think Markets are nervous. Not looking for longs....

My gold strategy is paying off. I'm buying small lots off the H4 chart Sup areas when a fractal appears and holding, so no SL. I plan to hold and add for the next few years. I guess you could say I'm investing in gold futures?
  • #23,935
  • Jul 6, 2016 5:00am Jul 6, 2016 5:00am
It does keep us awake! Thanks for that Stylinex. BTW I think we retrace to about 9400. going to hold back a bit before Stylinex's next leg down.
  • #23,936
  • Jul 6, 2016 5:06am Jul 6, 2016 5:06am
Quoting derekw
It does keep us awake! Thanks for that Stylinex. BTW I think we retrace to about 9400. going to hold back a bit before Stylinex's next leg down.
This is actually quite good if you get in on the same path it is on for that day or week. Here it is still risky as we could see a new bottom. The GBP set a new Low but the DAX has not touched the lows yet from the Brexit drop so I still reckon we could see another dip to the Brexit lows.
  • #23,937
  • Jul 6, 2016 5:11am Jul 6, 2016 5:11am
Just went short. I think perhaps this consolidation is over.
  • #23,938
  • Jul 6, 2016 5:12am Jul 6, 2016 5:12am
Don't expect much being FOMC day.
Attached Image (click to enlarge)
Click to Enlarge Name: DAX.PNG Size: 26 KB
  • #23,939
  • Jul 6, 2016 5:13am Jul 6, 2016 5:13am
SL=BE and thats what I think will happen!
  • #23,940
  • Jul 6, 2016 5:13am Jul 6, 2016 5:13am
Attached Image (click to enlarge)
Click to Enlarge Name: DAX.PNG Size: 26 KB
7 traders viewing now