Carpe diem: Intraday tactics for Dax and Dow

loss -13*5= - 65 points

Markets have some fear of hights.....

EXIT NQ -2.5 points

#28'722

25-K-Acc.
Dax, Short @ 11'837 (50 .-$ per pip)
Risk: 15'000

= OPM ? - - - u R an hedgeFund mgr right ?

sorry!
...just now corrected...
but why do you think OPM, pipsy7?

NQ Long scalp. @ 5150
T1 +5p. x 2 lot
1 to go

NQ tested the Y POC and bounced.

ALKMAAR kaas is erg lekker hoor !

Today I catched some longs on Dax at dips and put them in the pocket for aftermarket.

#28'724

exit @ 11'825, +12 (x50 = 600.-$)

NQ Long @ 5153
+5 points x 2 lot ($200,00)
1 to go/FLAT +6 points ($120,00)

S&P Long @ 2292.50
T1 +1.5 x 2 lot ($150,00)
1 to go/Flat +2 points ($100,00)

once again:
25-K-Acc. Dax, Short @ 11'838 (50 .-$ per pip)
Risk: 15'000

I think that DAX wants to crack that 12000 mark. Either by Friday or Monday I think

FOREX:
U.S. and Mexico relations plunged into chaos on Thursday, pushing the countries closer to a trade war that threatens to spoil decades of friendship and economic cooperation...............

Donald Trump is going to send the US into a deep recession with his anti-trade policies. Protectionism has never led to prosperity, never did, never will.
The Mexican peso plunged and the clash slowed gains in the U.S. stock market amid growing concern that one of the worlds largest trading relationships was headed for divorce.
If Trump does decide to withdraw from the 23-year-old trade agreement, industries in both countries could suffer and the U.S. could enter “an incredible economic recession,”
Roughly 5 million American jobs depend on trade with Mexico.

I like how the European traders are manipulating their market in the beginning of the day by buying the S&P future first pushing it up a few points, creating a false illusion in their market that the US market is rising and then following it by buying the DAX future, nice reinforcing mechanism of a bubble.

S&P and NQ are sideways. Waiting for things to come.

DOW popped because of higher oli. +$1.00 last night

VERY low volume US markets overnight

DAX still has some Wednesday single TPOs to cover.
Maybe a good day to do that.

Some thoughts while watching this horrible chop.
Still dancing around Y low... IMO, not a lot of supports under, IF they go lower, until 11,690/700 zone (Jan 11 high).
Would be nice to get test of the breakout zone, and maybe go lower to the 630 area... ah wet, wet, dreams...
But first sellers must take the price bellow Y low, but seems like they didn't had breakfast.
And we can always see a failed breakdown of any level, and that is something very common for bull markets.
"Break" of a 5-10 points, and than - a big "hahahahahah you naive little teddy bears, fell our horns in your buttholes"...

I prefer that we live to see a deep p/b... ah, wishes, wishes... otherwise Y low holds, and hop we go to 900

T1 +11p x 2 lot
1 lot to go.
Target maybe 780 zone/singles

Gap to fill on the cash index, close from Wed @ 11,806, than round number

DAX Wed. RTH/Cash close is @ 11.827 and covered yesterday.

But Gaps/Pockets on the Cash TPO chart @ 780 zone and 720 to 700, but 700 is to deep for today I think.
US markets are waiting for more Humpy Trumpy news and Company earnings and could easily pop again from here.

FLAT BE last lot