Dax and Dow are diverging.....see previous post.....

More simple is impossible

Time for a break....7 pts below last Thursday's high's OK for me NB The 5 pt Renko chart did not show any red around the half level......

Carpe diem: Intraday tactics for Dax and Dow

and with Real Money.....demo is fine to start learning how the mechanics of your platform work - but IMO useless once you have mastered all of the basics. Once you start trading with Real Money - even say ~$100 with the smallest lot size - then you ...

Carpe diem: Intraday tactics for Dax and Dow

Indy as requested - look up Constance Brown for more info.... For me, its main use is high-light divergence. You can also use the O/B & O/S levels and the 50% level......

Islander and Medici trade the European open

LOL - put a mast and sail on the board and like thirty years ago I was into windsurfing in a big way.....

More simple is impossible

GM - started with clean swings, now going sideways in range, so more coffee.... PS Data due now....

Carpe diem: Intraday tactics for Dax and Dow

A good start, but now choppy....

More simple is impossible

An hour of frustration and finally a breakout - a real test of discipline and patience - slowly getting to grips with these bricks....

More simple is impossible

Out +30

Carpe diem: Intraday tactics for Dax and Dow

That's factually incorrect. The Thanksgiving Holiday was yesterday. Today is known as Black Friday and is when large retails sales are exoected. As this is a well known fact, it is how much these sales differ from expectations that wll be watched ...

Carpe diem: Intraday tactics for Dax and Dow

So CME's Globex (if that's what they still call it!) was open during the Thanksgiving Holiday - and is now down ~80 pts from 5pm NY - half of that in the last hour....and yesterday was a daily lower high...... Edit: and the Eurex Futures ...

Carpe diem: Intraday tactics for Dax and Dow

Work in progress..... PS @ dee50 - you have the patience of a Saint!

More simple is impossible

Having tested the sub 1m TFs I have concluded that they do not offer any significant advantage for my methodology and also I loose most of the candles and volumes and thus important input. Medici reminded me of the work we did together on Forex ...

Carpe diem: Intraday tactics for Dax and Dow

On my daily chart its actually at 11,263 to the August 11 low or 11,303 for the close.....

Carpe diem: Intraday tactics for Dax and Dow

Especially if its a "bounded" oscillator - viz a range of 0 to 100 - set by how its calculated. I prefer the "unbounded" variety

Carpe diem: Intraday tactics for Dax and Dow

GM - I have the 61.8% retrace off my daily chart at 11,215

Carpe diem: Intraday tactics for Dax and Dow

Hi Tony - I too am new to this thread, actually, I only started reading it today......but then I do have some experience of reading threads both here and elsewhere! I always read through a new thread before posting - especially the first page which ...

More simple is impossible

Not focused on that, but the big trading rooms all have several live News Feeds and news like that hits their screens and audio in seconds - it happened before XO - so a good reason to drop prices once the cash market opened.

Carpe diem: Intraday tactics for Dax and Dow

GM - a Turkish fighter shot down a Russian fighter around Turkish / Syrian boarder sending Dax and Dow down > 100 pts...nice for those of us that were short.....crew believed to have bailed out...

Carpe diem: Intraday tactics for Dax and Dow

Out +20 on SL - must run....

Carpe diem: Intraday tactics for Dax and Dow