Carpe diem: Intraday tactics for Dax and Dow | Page 1576 | 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

  • #31,501
  • Apr 3, 2017 1:27am Apr 3, 2017 1:27am
Quoting littspaniard
{quote} close three 3*10= 30 points {image}
close one +20, another one remain open with stop loss at even
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-04-03_102913.jpg Size: 81 KB
The only constant is change
  • #31,502
  • Apr 3, 2017 1:48am Apr 3, 2017 1:48am
gm
sell 12334,
sl 12343
  • #31,503
  • Apr 3, 2017 1:57am Apr 3, 2017 1:57am
Quoting deltaone
{quote} thx. continuation needed here.
I think it won't.
Last Week high and +0.25% in the way to drop/support.
Waiting for US markets now.
It's better to be out wishing to be in... than to be in wishing to be out!
  • #31,504
  • Apr 3, 2017 2:00am Apr 3, 2017 2:00am
Quoting Dutchy Daxy
{quote} I think it won't. Last Week high and +0.25% in the way to drop/support. Waiting for US markets now.
yes, seems to be unlikely atm. res. around 12330. if tested again, i might close there maually.
fortis fortuna adiuvat
  • #31,505
  • Apr 3, 2017 2:01am Apr 3, 2017 2:01am
Quoting Decu33
gm sell 12334, sl 12343
sl hit
  • #31,506
  • Apr 3, 2017 2:11am Apr 3, 2017 2:11am
missed the exit.
afk for a while.
fortis fortuna adiuvat
  • #31,507
  • Edited 2:44am Apr 3, 2017 2:12am | Edited 2:44am
Got a long on DAX @12335 SL now at BE TP +20
Tp modified +30
SL + 10 now
Per aspera ad astra
  • #31,508
  • Edited 2:33am Apr 3, 2017 2:15am | Edited 2:33am
Quoting cvds16
short from 68
reversed to long @ 44 targeting 12402
  • #31,509
  • Apr 3, 2017 2:53am Apr 3, 2017 2:53am
Quoting jpadvisor
Got a long on DAX @12335 SL now at BE TP +20 Tp modified +30 SL + 10 now
Target hit
Per aspera ad astra
  • #31,510
  • Apr 3, 2017 3:26am Apr 3, 2017 3:26am
long 12, 363
sl 12, 356
  • #31,511
  • Apr 3, 2017 3:37am Apr 3, 2017 3:37am
Quoting littspaniard
{quote} close one +20, another one remain open with stop loss at even {image}
reopen shorts
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-04-03_123912.jpg Size: 93 KB
The only constant is change
  • #31,512
  • Apr 3, 2017 3:37am Apr 3, 2017 3:37am
Quoting Decu33
long 12, 363 sl 12, 356
sl hit
  • #31,513
  • Edited 3:51am Apr 3, 2017 3:39am | Edited 3:51am
DAX Short again @ 390/bounced +0.5% PG level/Lower High
T1 +11p * 2 lot
1 to go/SL BE

EUROSTOXX/FESX still short
T1 +5 points * 1 lot
1 to go/SL BE
Attached Image(s) (click to enlarge)
Click to Enlarge Name: FESX 06-17 (2 Range) 2017_04_03.png Size: 42 KB
Click to Enlarge Name: FDXM 06-17 (20 Range) 2017_04_03.png Size: 96 KB
It's better to be out wishing to be in... than to be in wishing to be out!
  • #31,514
  • Apr 3, 2017 3:41am Apr 3, 2017 3:41am
hi everyone

i am have been trading for the last 5 years ( average ofcourse ) but i get my analysis right 8 out of 10 times ,
my entery seems to be spot on but position sizing and exit is horrible .
for example

i called 12386 when we were at 11854 .taking the high/low from 12180 to 11854 . 12386( would be 1.618)
also on the montly time frame there is huge inverted head and shoulder pattern .
everyone benfited from analysis at work,except me !

i like to spend time on the higher time frames but along the way i get confused if should hold on or take profits ,(if am day trader or longterm)
i end up closing my positions halfway and opening more postions on the same spot later .as result i get stopped out or even worse wiped out .

now i am have 2 shorts at 12369 ,my ideal target would be 12180 .
somehow i make more mistakes on the waiting game ,by closing it halfway or opening up more positions.

how would u handle this situation .
your suggestions are most appreciated .thanks gurus .
  • #31,515
  • Apr 3, 2017 3:49am Apr 3, 2017 3:49am
Quoting booze007
hi everyone i am have been trading for the last 5 years ( average ofcourse ) but i get my analysis right 8 out of 10 times , my entery seems to be spot on but position sizing and exit is horrible . for example i called 12386 when we were at 11854 .taking the high/low from 12180 to 11854 . 12386( would be 1.618) also on the montly time frame there is huge inverted head and shoulder pattern . everyone benfited from analysis at work,except me ! i like to spend time on the higher time frames but along the way i get confused if should hold on or take...
It seems the only problem you have is trading psychology
I can.suggest dr steenbarger on Twitter he posts lots of short article on trading psychology which helpen me overcome the issues you have
  • #31,516
  • Apr 3, 2017 3:52am Apr 3, 2017 3:52am
Quoting wbemsms
{quote} It seems the only problem you have is trading psychology I can.suggest dr steenbarger on Twitter he posts lots of short article on trading psychology which helpen me overcome the issues you have
thanks for the reply

if your entered at 12386 (cfd) and you knew the weekly target was 12180 .how would handle your position
and exit stratergies ?
  • #31,517
  • Apr 3, 2017 3:56am Apr 3, 2017 3:56am
Quoting wbemsms
{quote} It seems the only problem you have is trading psychology I can.suggest dr steenbarger on Twitter he posts lots of short article on trading psychology which helpen me overcome the issues you have
An example
A while back I wrote about watching a trader trade at my Chicago firm. He stopped out of a losing trade and immediately flipped the other way based on a shift in order flow. He briefly turned to me, smiled, and said, "I just paid for information." His losing trade told him that the balance of longs and shorts in the market had changed. Instead of feeling frustration over the loser, he viewed it as a valuable piece of data and went on to make much more money in the flipped trade.

How would our trading psychology benefit if we could derive information from all our losses and experience gratitude for our learning curves?
  • #31,518
  • Apr 3, 2017 4:01am Apr 3, 2017 4:01am
Quoting booze007
{quote} thanks for the reply if your entered at 12386 (cfd) and you knew the weekly target was 12180 .how would handle your position and exit stratergies ?
Take partial profit and set stop be for the remainder and set to take profit at your target
That target is not set in stone we May never get there taking partial profit takes the stress and the doubt out off the trade
It it reaches your target great
If not you have partial profit and go on to the next trade because this one is over
  • #31,519
  • Apr 3, 2017 4:02am Apr 3, 2017 4:02am
Quoting booze007
{quote} thanks for the reply if your entered at 12386 (cfd) and you knew the weekly target was 12180 .how would handle your position and exit stratergies ?
taking partial profits. And protect open position with stop loss.
The only constant is change
  • #31,520
  • Apr 3, 2017 4:04am Apr 3, 2017 4:04am
Quoting littspaniard
{quote} reopen shorts {image}
Stop loss at even
The only constant is change
9 traders viewing now