Looks like the DAX is in a holding pattern till data later. May still see some more up side.

ALSI 40 Index - Trading the South African All Share Index

Nice one Cat! could not say it better... "No patterns "

Carpe diem: Intraday tactics for Dax and Dow

And to add to that you have to be consistently asking yourself want you can do better - or what else you could be doing to be better... this is a daily exercise in my book.

Carpe diem: Intraday tactics for Dax and Dow

Wow we are way out I had 11914. But with the option contract just opened Friday you will see this gap and it will slowly close during the next week or two on IG you can have both up - I used to track it but it did not yield any significant ...

ALSI 40 Index - Trading the South African All Share Index

What are you prices as at the close of 14h30 CAT candle?

ALSI 40 Index - Trading the South African All Share Index

Oh that is funny I traded the same trade - but it feels like long ago....

ALSI 40 Index - Trading the South African All Share Index

Just realized D1 - that this thread will 6 months old next week! Wow time flies when you are having fun. Three Cheers to D1. Your trading has inspired me (and the DAX it appears) to new levels - THANKS!

Carpe diem: Intraday tactics for Dax and Dow

And that's the 30 for the afternoon. Tempted to carry on but that's a nice day no need to spoil it

ALSI 40 Index - Trading the South African All Share Index

Ask yourself.... What determines price.... not a fair price but price..... with Equities - its income... as long as there are better returns in equities.... then you can guess where price will go... until such time as the returns are better else ...

ALSI 40 Index - Trading the South African All Share Index

I have taken 30 on the DAX and now will wait till this afternoon, and look again. I hear you about the temptations for greed. But 30 in the morning and walk away appears safe in my book.

ALSI 40 Index - Trading the South African All Share Index

I realize that - but that 10% on top of 10% thus far.... maybe its' easier than I think and I am too conservative. TWT

Carpe diem: Intraday tactics for Dax and Dow

Ohh I was happy with 12000 but 13200 woof, that's a long way... I wish there was more options.... At the current pace we could get there by the end of next week... TWT

Carpe diem: Intraday tactics for Dax and Dow

Sorry Hedgepiglet - Only just saw your question... The problem with all time highs such that we have, there is nothing in which to refer to as previous resistance zones thus what will make the market retrace from a new all time high would only ...

ALSI 40 Index - Trading the South African All Share Index

Been avoiding the DAX yesterday and today... great catch up reading today in the forum... 12,000 Today if we are not careful....

Carpe diem: Intraday tactics for Dax and Dow

Too True, I can almost see the fist punch as you say those words. Not touching this market today, and maybe tomorrow. Will scope the lay of the land on Monday again. Trade safe and keep it tight.

Carpe diem: Intraday tactics for Dax and Dow

I have to agree with that thinking - right now in all new turf, we really can't say where the ceiling is and to guess is foolishness.

Carpe diem: Intraday tactics for Dax and Dow

My usually reliable system is making noises about time to short this... rather brave as usual.

Carpe diem: Intraday tactics for Dax and Dow

Long time no see spacca... bang on as usual.

Carpe diem: Intraday tactics for Dax and Dow

Well did you take it...?

ALSI 40 Index - Trading the South African All Share Index

It certainly did... I see why your SL is what is it. maybe a TP of 37.5 is a bit of much but a TP of 33 is not unreasonable. I take it you trade with IG?

ALSI 40 Index - Trading the South African All Share Index