Starting to enter into the buy zone around 1.055... I will swing trade there, a long. If we get there.

AUDNZD

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Carpe diem: Intraday tactics for Dax and Dow

ChinaA50 was mauled today.... Down over 7% at one point. No surprise HSI and Nikkei down around 3%. Should be a ripper day on the Dax.

Carpe diem: Intraday tactics for Dax and Dow

I repeat it will hit USD60-70k based on Fundies, easy.

Is Bitcoin about to crash?

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What kind of music you hear while you trade?

Draghi meetings... most cases the Dax moves up during those meetings. Not sure on direction from here, have some resistance at 083, but all the data and the ecb meetings were pretty positive.

Carpe diem: Intraday tactics for Dax and Dow

I should think we will hit 13k today or tomorrow... Yankee session can be bullish, but only on Dow/SP, as they have those tax decisions inflating their stocks. Interesting reading that the new US tax reforms will make Corporate Debts no longer a tax ...

Carpe diem: Intraday tactics for Dax and Dow

I still think Bitcoin is going to be a USD1Trn market capitalisation, especially if the Gold Market, also a risk-off asset class has a market capitalisation around USD7Trn. This means Bitcoin could reach in the range of USD60k - 70k per Bitcoin; and ...

Is Bitcoin about to crash?

Looks like an Inverted H&S bullish pattern on AN... Is the USD rate hike already priced and the pair moves higher? Let's see.

NZD/USD

Thanks... Prefer to trade with wider TPs and judge the market as it moves, usually where I think support/resistance may be... well, that's how I kind of roll with the markets.

Carpe diem: Intraday tactics for Dax and Dow

Top of my downward trend channel on Dow is at the Pivot at 24244. Break and close above this on Higher TFs (1H, 2H, etc) might be a trend change. Otherwise might be a rejection zone.

Carpe diem: Intraday tactics for Dax and Dow

Could be a bullish retrace on NYSE when it opens, so careful trading.

Carpe diem: Intraday tactics for Dax and Dow

My sell levels for Dow are: 24158, 24200-05, 24234, 24244, 24265. Downside targets: 24100, 24000. 23900, 23863, 23847, 23738.

Carpe diem: Intraday tactics for Dax and Dow

Do you use 5SL on Dow often? Seems very tight, but if you can get it to work with your system/strategy, then that's great.

Carpe diem: Intraday tactics for Dax and Dow

I have a support level here at 862... so be careful; below that then targets are 810, 800, 700, 644.

Carpe diem: Intraday tactics for Dax and Dow

So far its hit S2 to the pip at 883... Has it got more downside, maybe, but need to wait for counter rally. Its bit risky IMO.

Carpe diem: Intraday tactics for Dax and Dow

Just looking at the Daily TF, its consistently closing below 20sma, and signals a bit of a drop to me. But its just my thoughts atm. Weekly is closing below 7sma, and looks like Bearish divergence and cross-over.

Carpe diem: Intraday tactics for Dax and Dow

Today the plan is to Short the rallies down to 863 or 810-800 region. 956, 960, 971 could be places to short. Need to assess during XO though.

Carpe diem: Intraday tactics for Dax and Dow

Learnt my mistake not banking profits early and got burnt on trades on Dow. Today, exit at +57pts.

Carpe diem: Intraday tactics for Dax and Dow