DAX Sell order trigger @ 13049

Discovering An Edge

Lunch time. Closed longs. Net +1108 Reloading on retrace. Edit: could retrace to 13050-60

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Low of the day 13001 is the immediate target

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15M chart looks like it wants to head to Weekly S1 12890 Any retracement is to the Weekly Pivot 13050

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So the decision is whether to keep a loose or tight stop. A tight stop would be to 55. Currently at 77

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Added DAX short @ 13037

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Was about to post that the Weekly Pivot Point is going to be crucial, when price dropped right on it.

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It also never ceases to amaze me how volatile DAX can be. Reminds me of GBPUSD. It whiplashes. So the short entry was confirmed in the morning, but look at how the market reversed to exactly same position. As if the first market players confirm, ...

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I'm short biased on DAX. The EW count was slightly off and I don't / didn't have time to post the chart. The ABC is still in play, but the swings are not quite where they are - because of that irregular drop two weeks ago (that formed a double ...

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Added DAx @ 13099 (not quick enough, was eyeing 105)

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Added short DAX @ 13093

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Short DAX @13085

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Stopped out +88 I should have scalped it but that's 20/20. Will be reloading shorts

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Closed some good longs on BTC over the weekend, but I also lost half that trying to call the top. Not good. Exited my SIPP XBT shares this morning though and banked 12% on the one bitcoin trade. This morning I scalped a long on DAX, but the target ...

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Too busy to post atm Closed my shorts yesterday. Was a bit unsure on Dax. It's possible that a bigger ABC invalidate my count. Am now long on today's pivot. Won't hold over weekend I

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It would be - it depends on perspective. These trades are almost like swing trades, so they're built on a basis of going waaaaay further down, not just whether they're in negative for the day. If I was Day Trading, they would have been closed ...

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13108 would be the make or break price in the next 8 hours of trading. It's the 4H 55EMA.

Carpe diem: Intraday tactics for Dax and Dow

DAX has hit the 1H 55EMA. This would be an ideal place to bounce higher. Decision for me is whether to hedge my shorts with a Long. Or close my shorts currently approx +452 net. Another option is to wait - which is free.

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Dax didn't go up. Added short @ 13121

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Nice

Carpe diem: Intraday tactics for Dax and Dow