Carpe diem: Intraday tactics for Dax and Dow

DAX has still a mission to the downside. Pocket/Gap on 2 Weeks back TPO building
Posted this picture Y a few times already.

Short @ 150
T1 +11 * 2 lot
1 to go SL BE
FLAT +20p on -0.50%

8 out of 10 times there is a reversal @ the 0.50% level

Traders/Investers take some profit before the long Weekend, as protection

Also North Korean aniversery of one of their great leaders in the Weekend.
They maybe have some fireworks in the form of rocket launing.
So a little more tension there.

Don't forget the tension between Russia and US re Syria.

EU has to deal with French elections coming Weeks

8 out of 10 times there is a reversal @ the 0.50% level

Today only shorts for me on Dax according to DD statements.

Yes me 2.

US could make some strange moves after the Weekend on Monday becuase of some world issues.
And the DAX still has that pocket below.

But as you can read below: Expect the unexpected. (thats my disclaimer. lol)

GOLD is looking fot the $1300 or more.

Has to do with $ move but also with tensions in the world.

$1300 was " predicted" long time ago, but they also " predicted GOLD should drop to $1000
So I don't listen to that crap. (took me some time to learn that)

Just follow my charts/MA line swings.

Keep in mind I predict nothing.
I just make observations whats happening in the world what maybe could move the markets and watch the possible targets/edges on my TPO charts (Daily and Weekly TPO)

Even though you do not predict, you make highly accurate readings, which for me and possibly others around here they are very valuable in terms of learning process.

The fear is growing fast that North Korea really heading on a dramatic confrontation with America. According to an organization that closely follows the atomic program of Pyongyang, are all the preparations taken to head off to shoot a rocket with nuclear.
,, The current events indicate that after the past six weeks the final preparations for a test, "said a spokesman for the Group of 38 North against CNN. American sources had also been reported that a projectile with nuclear cargo was placed in a launch plant at the nuclear test site Punggye-ri.

President Donald Trump has indicated to strike as soon as Kim in the error. The last days also showed that China has more and more on the side of the US, although it remains president Xi Jinping to insist on a peaceful solution. Mainly because chaos in the neighbouring country implies that there is a huge flow of refugees can come to China.

Pyongyang has foreign journalists reported that they have to prepare for a ' big event ', which refers to Saturday, the day that Kim Il-sung, the founder of the State of North Korea, would be 105 years.

Auto translated from Dutch

3 Weeks on TPO charts: DAX SnP DOW. Top to bottom

Possible down targets/support levels

+ 25 pips so far.

This is a possible EWP count for the DAX.

That is the problem with predictions,pundits always point ana alternative-if not 1300 than 1000...

I have a target of 3000 161.8 of an extension drawn from an anchor of dozens off years ago
Let the laughter begin lol

Chart to go with My bla bla

Here is the chart for 1300

buy from expected low / avg. expected low.

also TP for short positions...

SL is 12135

lower or rebound ?

I am on the short side from ~12140-12150

Favouring the trend down to daily resistance . Not that it matters for me as my system is based on hedging so any direction ok.No more trading for week. Expect a big gap due to tensions Monday.

Hey guys,

New to FF today, so just getting about familiarizing myself with the site and doing my best to get a grasp on the general overview. This is so far the only thread I've come across for Indice trading. The majority as you would expect, is all FX related communications...

I have been fairly active across the board with a mix of trading from equities, derivitives / CFD's and futures. I dont mind testing the DAX, DOW & SPI weekly with a strategy or two...

I'm interested to learn and hear all about any strategies you have found to give you an upper edge If this is the thread to subscribe to..?