difficult day +36 from a muddle of trades - a couple of -trades and some winners!.. actually relief again to come out +positive

Carpe diem: Intraday tactics for Dax and Dow

Couple of Longs off the 11580s +40 and off the Lows 11530 +60 for the day +100. Much better than I thought I would get for a Dip Buyer!.. USD is definitely causing havoc - might getting interesting again if they really start selling US indices.

Carpe diem: Intraday tactics for Dax and Dow

too much news around so moved Stop to Flat 11621 and was stopped out. - maybe higher into EU Close - I like the look of 11640-60 range for another short if not could travel this week to 11720.

Carpe diem: Intraday tactics for Dax and Dow

Short 11621

Carpe diem: Intraday tactics for Dax and Dow

like this style as well, although, I am not able to sit in front of screen for very long, so I need to look / plan my entries, and often I will place trigger orders - waiting for level to be hit. then check oh I am up xx picks... that can often be ...

Carpe diem: Intraday tactics for Dax and Dow

I also used to use 20point stop loss - however I found I could not manage to stay in trades and because having such a small stop loss was moving trades to breakeven too fast and getting stopped out for zero a lot and then missing beautiful rips in ...

Carpe diem: Intraday tactics for Dax and Dow

position was Long at 11405 - Stop Loss was 35 points - so just held in there on the morning dip - actually my preferred going in point was low 11370s - so I put my stop loss just below. I was a bit early with the trigger and should have waited for ...

Carpe diem: Intraday tactics for Dax and Dow

Hope so as I would like to get long again off 11370 range or 11340 or even better 11305-20

Carpe diem: Intraday tactics for Dax and Dow

Out Long 11458 +53

Carpe diem: Intraday tactics for Dax and Dow

Long 11405 - tight stop - watching for a bounce - if nothing - maybe sideways lower today until US market for direction. 11373 looks to be a good long level

Carpe diem: Intraday tactics for Dax and Dow

11462 Short

Carpe diem: Intraday tactics for Dax and Dow

I have read some permabear reports looking for a 1946 style 15-20% drop in the markets over August. Personally I think they are wrong as per my above statement.. and Any Sep/October sell off will be from higher levels on US indexes, Not sure where ...

Carpe diem: Intraday tactics for Dax and Dow

If the last couple of days are anything to go on, it looks Like August is Shaping up for a Sideways Upward Trend - probably to frustrate the hell out of most traders and permabears! LOL... Personally unless VOLX picks up i will be looking for ...

Carpe diem: Intraday tactics for Dax and Dow

Long 11172 - Out 11237 + 65 - Thanks PPI

Carpe diem: Intraday tactics for Dax and Dow

No reaction to FOMC - expect delayed reaction maybe on second Half of Thursday down into Friday

Carpe diem: Intraday tactics for Dax and Dow

+60 long off the retrace - most likely All done for me today - just a Gift pre-FOMC.. maybe if I see another nice retrace I will have a shot!. +75% of my account this week!. Not looking to ruin that.

Carpe diem: Intraday tactics for Dax and Dow

Nice write up!. a blog that I like to read - although of course not always get it right and following the gold / GDX charts last year cost me a packet. so I tread carefully now on taking a position that a index/commodity/currency/stock must move in ...

Carpe diem: Intraday tactics for Dax and Dow

Agree - I am using 2 charts - 1. Multiple Fibo's on Chart on Multiple Timeframes - Weekly - Daily and within each Major Down / Up Cycle. so I am looking for area's of confluence for support / resistance. and not to the exact point. 2. Using Pivots ...

Carpe diem: Intraday tactics for Dax and Dow

All out - remainder off @11218 about 1/2 hr ago - Totals for today +1641 and -198 ( I open multiple small positions as per my chart this morning, if I get nervous I close partial positions or move stop to break even and re-assess hence multiple ...

Carpe diem: Intraday tactics for Dax and Dow

Took some scales at 11215 & 11226 - Stopped out on that nasty re-trace at 11140 and added new longs 11125 - 11160 - deciding whether to hold long overnight at the US close. possibly not today!. Bank some more and be happy.

Carpe diem: Intraday tactics for Dax and Dow