Thanks BV

Islander and Medici trade the European open

Well the last hour of yesterday's US Session was something to save for our records - especially the Nas chart which I was trading Unsurprisingly, the Asian session was flat not far from yesterday's close. This morning since XO we've seen ...

Islander and Medici trade the European open

After an hour and forty five minutes of sideways action, at 10:51 gmt Dax broke up in an aggressive WRB and carried on towards the BRN at 12,800, holding at a 61.8% retrace of its earlier fall, 3 pts under the BRN. A big hint that lower prices would ...

Islander and Medici trade the European open

Thanks for your post in my old Journal. I thought that the Fibonacci levels would be of interest here, so copied my post. As you said, and we can see from the chart, Dax now waiting for input from the US Traders so time for some lunch

DAX Futures Sept 2020

Posted elasewhere: GM - New ATH in NAS pulled other indices up during early trading with Dax up to its MR 2 area before it retraced to ~its 38:2% retrace of its range from Friday's Low. Nas only retraced ~ 18%, S&P ~21%. As long as the Higher Low at ...

DAX Futures Sept 2020

GM - New ATH in NAS pulled other indices up during early trading with Dax up to its MR 2 area before it retraced to ~its 38:2% retrace of its range from Friday's Low. Nas only retraced ~ 18%, S&P ~21%. As long as the Higher Low at 9:00 GMT holds we ...

Islander and Medici trade the European open

In another thread, I was asked about the Envelopes plotted on this chart. Here's my reply: "Its just an Envelope, here set as 0.4% away from the 50 LWMA - the thicker, central line - which I use as a reminder for the very short term trend. Remember ...

Islander and Medici trade the European open

In another thread, I was asked about the Envelopes plotted on this chart. Here's my reply:

Islander and Medici trade the European open

Its just an Envelope, here set as 0.4% away from the 50 LWMA - the thicker, central line - which I use as a reminder for the very short term trend. Remember that Price always returns to a Moving Average, so its main use is for pull backs in a trend. ...

DAX Futures Sept 2020

Main lock-down was eased on 22nd June, so able to move throughout Spain, 30% / 40% of bars & restaurants open in main towns, tourist areas less. Masks obligatory when out in all public areas, in shops, supermarkets etc and even in cars if people not ...

DAX Futures Sept 2020

So far tourists about 40% of normal so a bad year here - like all tourist areas. I see the Average Daily Ranges are 5D 234 pts, 10D 281 pts and 20D 220 pts so there is still reasonable volatility, especially in the active times. Long may that ...

DAX Futures Sept 2020

Cloudy, windy, 29º possible thunderstorms later so I'm ashore for the day! Dont work too hard in 35º!

DAX Futures Sept 2020

GM - indeed they do. Dax Cash M1 time frame. Put on a few Levels, then just follow the Price Action....also watch action in US indices Sell Lower Highs, then Buy Higher Lows KISS

DAX Futures Sept 2020

I wish you both great vacations away from our taskmaster - Herr Dax One last chart for the week.

DAX Futures Sept 2020

So a big increase in volumes (activity) as price got to the area of today's Daily Pivot / 38.2% fib. Closed shorts and initial buy for +15, looking to buy again if these lows hold....

DAX Futures Sept 2020

GM. Here's my M5 chart showing 2 types of short term POC levels. The Violet one is for today's action and changes in real time as the price action develops. The magenta one is based on yesterday's action and termed Virgin as its not yet been ...

DAX Futures Sept 2020

Interesting to see how Dax's action today has been contained within the two lower 15 Day POC levels as shown on my updated hourly chart of Dax Cash Dutchy Daxy would be taking note as he's the expert on Market Profile

DAX Futures Sept 2020

Good call Now after yesterday's Lower High, is this the start of a larger fall, or will price turn at one of Maestro Leonardo's levels?? TWT

DAX Futures Sept 2020

Indeed - I was a seller soon after NYO, cashed out and am now flat. US Indices have made new lows for the day, Dax not yet.

DAX Futures Sept 2020

At 14:15 CET Dax retraced 38% of today's fall, just above its 12,300 BRN in the cash. Let's see what happens after the open of the NYSE at 15:30 CET

DAX Futures Sept 2020