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Carpe diem: Intraday tactics for Dax and Dow

  • #24,381
  • Jul 20, 2016 4:20am Jul 20, 2016 4:20am
Quoting Dutchy Daxy
DAX Long 10.060 Outside the OR now targets 10.090/10.105 T1 +11 x 2 lot 1 Lot to go SL 10.080 20 points locked in on trailer {image}
Stoploss 10 110
FLAT Trailer +50 points
T1 +22 points

Upper levels

10.128 100% OR extension
Attached Image (click to enlarge)
Click to Enlarge Name: FDXM 09-16 (30 Min) 20-7-2016 1120.jpg Size: 98 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #24,382
  • Jul 20, 2016 4:23am Jul 20, 2016 4:23am
Quoting rbetancor
My DAX targets for today ... 10120.1-10153.3 on M5-M15 TF ... on H4-D1 could still goes much higher ... till SPX500 gets into it's targets zone 2192.6-2218.3
And here we are ... first target zone for today. Let's see if we reverse here ... I doub it ... as plenty of hours still ..
  • #24,383
  • Jul 20, 2016 4:27am Jul 20, 2016 4:27am
Quoting rbetancor
{quote} And here we are ... first target zone for today. Let's see if we reverse here ... I doub it ... as plenty of hours still ..
Depends on US markets now.

ES on previous week High.
Both YM and ES new record Highs again
It's better to be out wishing to be in... than to be in wishing to be out!
  • #24,384
  • Jul 20, 2016 6:10am Jul 20, 2016 6:10am
So, the DAX moves in certain days - can we profit?
In a bull market prices regularly rise on Monday, Thursday and Friday, whereas prices drop on Tuesday and Wednesday in general. Vice versa in a bear market.
If you look for a buy signal in a bull market you should enter at the end of the week and you should avoid Tuesday.
The question “why” is interesting, but pure speculation. Much more interesting is the following question: Can we transfer this advantage in probability into an advantage in profit? We can use a simple calculation with fixed rules and then analyse it based on historical data.

How we enter of a trade in a DAX bull market
If the open of the trading day is above the exponential moving average of 80 periods, we consider it a bull market.
Based on our calculations we enter long on Monday, Thursday and Friday and we enter short on Tuesday and Wednesday.
On Monday morning we buy and close it shortly before the close, on Tuesday we go short and so on.
Attached Image
  • #24,385
  • Edited 6:40am Jul 20, 2016 6:12am | Edited 6:40am
DAX has singles to today cover down to 10.075
Will not happen in one time I think, so scalping

T1 +11 points 1 Lot
1 Lot to go
SL BE

We need a little pull back of the US markets to get the DAX singles covered.

REMIND: All quotes are Futures!
Attached Image (click to enlarge)
Click to Enlarge Name: FDXM 09-16 (30 Min) 20-7-2016 1310.jpg Size: 101 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #24,386
  • Jul 20, 2016 6:15am Jul 20, 2016 6:15am
We analyse when there is movement in the market and how strong it is. We measure the absolute percentage movement of the FDAX during an hour. Then we calculate it for 50 days and we get the heat map in Figure 6.

On the y-axis you see the past 100 days. You can see at one glance, that there are only minor changes after 7 pm (majority blue). There is strong movement between 9 am and 10.30 am as well as in the late afternoon (majority green). You can now develop your own intraday system with this knowledge.
Attached Image
  • #24,387
  • Jul 20, 2016 6:15am Jul 20, 2016 6:15am
came from this article:

http://www.bullbearings.co.uk/trader...p?gid=2&id=785
  • #24,388
  • Edited 7:08am Jul 20, 2016 6:23am | Edited 7:08am
Quoting derekw
We analyse when there is movement in the market and how strong it is. We measure the absolute percentage movement of the FDAX during an hour. Then we calculate it for 50 days and we get the heat map in Figure 6. On the y-axis you see the past 100 days. You can see at one glance, that there are only minor changes after 7 pm (majority blue). There is strong movement between 9 am and 10.30 am as well as in the late afternoon (majority green). You can now develop your own intraday system with this knowledge. {image}

9.00 AM (EU time) is the EU/DAX RTH/Cash open.
17.00 (EU time) is 30 minutes before the RTH/Cash close.
Often very good trades in these hours. Very focussed then.

During US market RTH/Cash open, I do not trade the DAX.
DAX is waiting approx. 1 hour from the US open for the US market direction.
It's better to be out wishing to be in... than to be in wishing to be out!
  • #24,389
  • Jul 20, 2016 7:13am Jul 20, 2016 7:13am
Gold dropped $13.00 in the over night.
Opens in 5 minutes
It's better to be out wishing to be in... than to be in wishing to be out!
  • #24,390
  • Jul 20, 2016 7:41am Jul 20, 2016 7:41am
Quoting Dutchy Daxy
DAX has singles to today cover down to 10.075 Will not happen in one time I think, so scalping T1 +11 points 1 Lot 1 Lot to go SL BE We need a little pull back of the US markets to get the DAX singles covered. REMIND: All quotes are Futures! {image}
FLAT trailer BE +1 point
T1 +11 points
It's better to be out wishing to be in... than to be in wishing to be out!
  • #24,391
  • Jul 20, 2016 8:38am Jul 20, 2016 8:38am
Quoting PariCovek
{quote} Waiting for new highs on Dow/SP500 today, then will go counter-trend.
Shorted Dow... I wanna hammer the biatch lol

  • #24,392
  • Jul 20, 2016 8:56am Jul 20, 2016 8:56am
Quoting PariCovek
{quote} Shorted Dow... I wanna hammer the biatch lol
Exit +30... seems supported
  • #24,393
  • Edited 9:18am Jul 20, 2016 9:02am | Edited 9:18am
Try DAX Short 10,100

Countertrade

FLAT -10 points x 2 Lot
It's better to be out wishing to be in... than to be in wishing to be out!
  • #24,394
  • Jul 20, 2016 9:19am Jul 20, 2016 9:19am
Quoting Dutchy Daxy
Try DAX Short 10,100 Countertrade FLAT -10 points x 2 Lot
Bull mode today to squeeze out all bears
  • #24,395
  • Jul 20, 2016 9:20am Jul 20, 2016 9:20am
looks like DAX is running like an ETF for Nasdaq today
  • #24,396
  • Jul 20, 2016 9:29am Jul 20, 2016 9:29am
EUREX RTH close in 60 minutes
It's better to be out wishing to be in... than to be in wishing to be out!
  • #24,397
  • Jul 20, 2016 9:39am Jul 20, 2016 9:39am
DAX on Nasdaq crack today. It just needs something to run along with whether it is up or down.
  • #24,398
  • Jul 20, 2016 9:44am Jul 20, 2016 9:44am
Quoting Dutchy Daxy
Try DAX Short 10,100 Countertrade FLAT -10 points x 2 Lot
I thought about that, but VW results were good today and EUR was getting weaker so despite time series, there was some underlying factors that could lift it today. VW up 5% today.
  • #24,399
  • Jul 20, 2016 9:46am Jul 20, 2016 9:46am
The US authorities in New York arrested a former manager of the British bank HSBC in relation to possible involvement in the fraud with currency exchange rates. Bloomberg News Agency Wednesday reported that on the basis of initiates.
Mark Johnson, who was picked up on airport JFK International, is the former head of the foreign exchange Division. It is the first time that a person in the United States is being sued in connection with the scandal around manipulating exchange rates by traders from big banks. Justice in the US is already three years investigating the case.
Several banks have themselves according to global regulators guilty of dubious practices in the international currency trading for own gain. There are already several traders dismissed or laid off because of the case.

Dutch Fin Newspaper
It's better to be out wishing to be in... than to be in wishing to be out!
  • #24,400
  • Edited 10:01am Jul 20, 2016 9:51am | Edited 10:01am
Monday High 10,155

POC June 23 10,188

EUREX Close in 30 minutes
It's better to be out wishing to be in... than to be in wishing to be out!
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