Carpe diem: Intraday tactics for Dax and Dow | Page 1329 | Forex Factory

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Carpe diem: Intraday tactics for Dax and Dow

  • #26,561
  • Oct 7, 2016 2:34am Oct 7, 2016 2:34am
The FOREX website is overloaded or there is a server problem.
Difficult to post messages.
Every post takes 1/2 minutes to get on the site.
It's better to be out wishing to be in... than to be in wishing to be out!
  • #26,562
  • Edited 2:51am Oct 7, 2016 2:36am | Edited 2:51am
S&P is near its last Week POC @ 2148.50.

Needs to cross that level to make the DAX dive to fill the GAP down to 450 zone

US markets are not in a hurry to dive, so the DAX will wait and see.
It's better to be out wishing to be in... than to be in wishing to be out!
  • #26,563
  • Edited 3:16am Oct 7, 2016 3:04am | Edited 3:16am
DAX Long. Finnished its IB and bounces.

Target up @ 520/525 Wed VAH
545 Y VAH

T1 +11 points x 3 lot
T3 +21 points 1 lot
+40 locked in last lot

S&P pops/ticks up
MA lines US markets still look Bullish. So far they don't want to go down

DAX on Y VAL now
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It's better to be out wishing to be in... than to be in wishing to be out!
  • #26,564
  • Oct 7, 2016 3:07am Oct 7, 2016 3:07am
Quoting Dutchy Daxy
DAX Long. Finnished its IB and bounces. Target up @ 520/525 T1 +11 points x 3 lot S&P pops/ticks up {image}
Yes, target Y low

In from 493 cfd price, close 525

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close hit, flat now
Hope is dangerous in this game.
  • #26,565
  • Oct 7, 2016 3:16am Oct 7, 2016 3:16am
DAX goes back in Y Value Area

On Y POC now. Almost there

FLAT last lot +70 points

DAX stopped @ Y POC @ 574
Dev Weekly POC a little higher @581
It's better to be out wishing to be in... than to be in wishing to be out!
  • #26,566
  • Oct 7, 2016 3:22am Oct 7, 2016 3:22am
Quoting StrayDog
{quote} Yes, target Y low In from 493 cfd price, close 525 {image} close hit, flat now
uuups, well f*ck me ... once a guy told me - "Nikkei is crazy man, but DAX... DAX is European Dragon."
Hope is dangerous in this game.
  • #26,567
  • Oct 7, 2016 3:24am Oct 7, 2016 3:24am
Quoting StrayDog
{quote} uuups, well f*ck me ... once a guy told me - "Nikkei is crazy man, but DAX... DAX is European Dragon."
Expect The Unexpected
It's better to be out wishing to be in... than to be in wishing to be out!
  • #26,568
  • Oct 7, 2016 3:28am Oct 7, 2016 3:28am
DAX has 3 Lows in a row this Week @ 475 zone. That's what you may call a support level.

Still a light traded zone (Pocket) waiting from 475 to 430.
All depends on the US news
It's better to be out wishing to be in... than to be in wishing to be out!
  • #26,569
  • Oct 7, 2016 3:36am Oct 7, 2016 3:36am
Quoting Dutchy Daxy
{quote} Expect The Unexpected
It comes down IMO, to always do the same. For example - always same risk. I had my target, it got hit. Move on.
If you bank partially - always do that and leave something as a "runner", or free ride with sl @ be, OR always close everything, because if you mix 2 aproaches, sometimes you will be right and sometimes not etc... rigid rules are the best, and then calmly move to the next trade and so on... Nobody can catch every single move from top to bottom. I am still working on all of that. Looks good on paper - implementing in real time is another thing, just like the difference between live and demo acc.

Off topic
IMO, this should be very boring if someone wants to live from trading... This is bussiness, eliminate rush, just wait for next setup, place order, put stop, put target, one of those got hit, move on... rinse and repeat, rinse and repeat. Missed something? No big deal, not one individual trade or opportunity can mean that much. Patience and discipline - if you dont have them - much more time need to develop those than to learn TA. Just my thoughts.
Hope is dangerous in this game.
  • #26,570
  • Oct 7, 2016 3:45am Oct 7, 2016 3:45am
Quoting StrayDog
{quote} It comes down IMO, to always do the same. For example - always same risk. I had my target, it got hit. Move on. If you bank partially - always do that and leave something as a "runner", or free ride with sl @ be, OR always close everything, because if you mix 2 aproaches, sometimes you will be right and sometimes not etc... rigid rules are the best, and then calmly move to the next trade and so on... Nobody can catch every single[/highlight]...
It's better to be out wishing to be in... than to be in wishing to be out!
  • #26,571
  • Oct 7, 2016 3:54am Oct 7, 2016 3:54am
price within the neutral zone not operate
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  • #26,572
  • Oct 7, 2016 4:06am Oct 7, 2016 4:06am
Quoting jmss59
price within the neutral zone not operate {image}
Where did you get that Indicator and where can i get it?
Dan
  • #26,573
  • Edited 6:41am Oct 7, 2016 5:18am | Edited 6:41am
DAXShort
T1 +11 points
T2 +21 points
Sl BE last lot
FLAT BE last lot

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Attached Image
It's better to be out wishing to be in... than to be in wishing to be out!
  • #26,574
  • Oct 7, 2016 5:22am Oct 7, 2016 5:22am
the price to be broken by the southern area of control, short entry
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  • #26,575
  • Oct 7, 2016 6:06am Oct 7, 2016 6:06am
Quoting StrayDog
{quote} It comes down IMO, to always do the same. For example - always same risk. I had my target, it got hit. Move on. If you bank partially - always do that and leave something as a "runner", or free ride with sl @ be, OR always close everything, because if you mix 2 aproaches, sometimes you will be right and sometimes not etc... rigid rules are the best, and then calmly move to the next trade and so on... Nobody can catch every single move from top to bottom. I am still working on all of that. Looks good on paper - implementing in real time is...
I am glad I found this thread This is exactly what must be done! Find your comfort method and execute. Plan, Prepare, Execute, DeBrief (figure out if you adhered to plan) If not FIX this ...if you did...move on to the next one.

My plans for the day....where I will get long and/or Short.....and the zones where I will get out.
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Plan, Prepare, Execute, Repeat
  • #26,576
  • Oct 7, 2016 6:15am Oct 7, 2016 6:15am
DJIA Plan for the Day....
Dont get run over by the NFP Train guys and gals
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Plan, Prepare, Execute, Repeat
  • #26,577
  • Oct 7, 2016 7:34am Oct 7, 2016 7:34am
Forex site overloaded

DOW FLAt 1 lot only +42 points
S&P Flat 1 lot only +5 points
Attached Images
It's better to be out wishing to be in... than to be in wishing to be out!
  • #26,578
  • Oct 7, 2016 7:39am Oct 7, 2016 7:39am
Short. Thinking this could break 10500
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  • #26,579
  • Oct 7, 2016 7:40am Oct 7, 2016 7:40am
Unemployment Rate 5.0% 4.9%
Non-Farm Employment Change 156K 171K

Less pressure on soon Rate Hike? Delay in Rate Hike?
Bad news is often good news.....(in this case)
It's better to be out wishing to be in... than to be in wishing to be out!
  • #26,580
  • Oct 7, 2016 7:43am Oct 7, 2016 7:43am
I think market is wondering if a bad economy will keep interest rates down and whether that's a good or a bad thing!
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