Sold 9395 - retrace to MA SL now +10

Carpe diem: Intraday tactics for Dax and Dow

Long 9396 after .618 held SL now +1 Edit: out +1 on SL

Carpe diem: Intraday tactics for Dax and Dow

Long 9409 as 50% held SL now +1 Edit: out +10 on trail

Carpe diem: Intraday tactics for Dax and Dow

and again from XO up to close the Eurex Gap +97 in 17 min......now waiting to buy the DP / 50% confluence. Dow also held at its 61% retrace of yesterday's range which was close to this morning's Eurex low.

Carpe diem: Intraday tactics for Dax and Dow

Further to the question yesterday about "fast markets", yesterday's rally in the Dow during Deltaone's favourite Dow Hour was an excellent example - starting with an Ultra Wide Ranged Candle and then +187 in 15 minutes

Carpe diem: Intraday tactics for Dax and Dow

GM - yesterday's low was 50 pts lower than the low on Sept 29 last year and was with very high volume. IF it holds, then an equal slope up-channel is shown in blue. Looking at my 15m chart, there were two earlier lows yesterday at 9316 which is also ...

Carpe diem: Intraday tactics for Dax and Dow

Its looking to me like accumulation - very high volumes as Dow heads back to this morning's low - volumes are the highest since the last low on January 15th. Dax is following, but some 25 pts off its low as I type. I closed my Dow shorts at 15,614 ...

Carpe diem: Intraday tactics for Dax and Dow

only if it comes in one of these bottles....

Carpe diem: Intraday tactics for Dax and Dow

Sorry to hear that - hope you are better soon Best Islander

Carpe diem: Intraday tactics for Dax and Dow

Quote: "I sold the LH at 9391 SL now +10 OCO +40" Out +40 at TP and that finishes my morning's trading. I expect the lows to be revisited in the US Session......TWT

Carpe diem: Intraday tactics for Dax and Dow

The lows so far were a 9:19 GMT - Dax 9316 cash and Dow 15,612 cash, after which both pulled back to ~their BRNs in wide ranged, ultra high volumed spinning tops, each with upside shadows > than half of the candles.....so plenty of sellers were ...

Carpe diem: Intraday tactics for Dax and Dow

No, target will vary from +30 to +60 except in fast moves, when I only use a trail

Carpe diem: Intraday tactics for Dax and Dow

Closed +20 on SL

Carpe diem: Intraday tactics for Dax and Dow

Out +40 at TP Sold 9353 SL now +1 Edit: SL to +20 OCO +50

Carpe diem: Intraday tactics for Dax and Dow

Like Deltaone, I work with a 10 pt max SL.....here, my final was +20 OCO +40 and the SL took me out for +20 as price failed to reach the BRN. Currently I sold 9369 , SL now +1 Edit SL to +10 Edit: SL to +20 OCO +40

Carpe diem: Intraday tactics for Dax and Dow

Dow's overninght cash low was 15,697 an hour before the Eurex Open. A few moments ago it made a new low at 15,644 with Dax now testing its Eurex Open at 9350 cash. So far these levels look to be holding. I bought Dax Cash at 9356, SL now +10. Now ...

Carpe diem: Intraday tactics for Dax and Dow

Traders were waiting for the German ZEW Data and now for the US Traders to return from their extended weekend......pop a Patience Pill!

Carpe diem: Intraday tactics for Dax and Dow

With the US Traders back at their desks, their actions after lunch will show the way, with Dow's 76% retrace at 16,328 - ~125 pts above current price Now we await the German ZEW DAta due at 11am CET

Carpe diem: Intraday tactics for Dax and Dow

IF we have seen the day's low, then I'm expecting the inverted H&S projection at 9792 to be hit and probably the 76% rertrace at 9817.....as always, TWT

Carpe diem: Intraday tactics for Dax and Dow