Carpe diem: Intraday tactics for Dax and Dow

Quoting Dutchy Daxy

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I went long overnight 1 hour before the close. See if my SL holds. DAx could try to fill that pocket up to 10.25/260 Nikkei wants to go up. US Futures still positive. ES could try to up to 2162.00 Last Week POC. Gold dropped $15,00 Oil recovered almost $2,00 ES +6 trailer so far. 4 points locked in trailer, DAX +75 trailer so far. In the Y single blocks area now. Filling the pocket now. 40 points locked in trailer {image}

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Quoting embo

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mates how do you think BOE rate cut decision (if they will eventually) will affect DAX? I think GBP will drop heavily which will take UK100 index down also, and DAX. but probably from tomorrow both indices will fly up again. thanks for opinions

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Quoting embo

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i just examined past European central bank rate cut behavior on March 2016, EUR and DAX heavily went down during announcement. but recovered from next day.

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Quoting embo

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hi CathS, yes I learned on my skin already not to trade news. my concern is because of my still open orders which are big shorts from 19th June. if rate cut will trigger to shares, index go high today and few days later on I will face automatic close out. not sure which tactic to use to handle this, dont want to close orders because all analyses shows that DAX will eventually drop to 9800 levels if not even lover

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Quoting embo

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hi CathS, yes I learned on my skin already not to trade news. my concern is because of my still open orders which are big shorts from 19th June. if rate cut will trigger to shares, index go high today and few days later on I will face automatic close out. not sure which tactic to use to handle this, dont want to close orders because all analyses shows that DAX will eventually drop to 9800 levels if not even lover

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