pending order hit and quickly moved SL to BE

Carpe diem: Intraday tactics for Dax and Dow

Yeah thanks littsspaniad I spoke to soon there looked like it had cleared yesterdays highs - got a short order pending already

Carpe diem: Intraday tactics for Dax and Dow

Some mixed signals today already - hourly close above the 11220 now looks like its going to close below

Carpe diem: Intraday tactics for Dax and Dow

2 levels I'd look to buy at preferably the lower one as I normally use the 20 sma as a profit target

Carpe diem: Intraday tactics for Dax and Dow

+48 still good . Looks like we still have bulls in control today so Fib levels still in play - its finally broken the 11220 level it seems so 113325 next step then 11420 if that is taken out. But it's still FOMC day so unless I get clear ...

Carpe diem: Intraday tactics for Dax and Dow

One thing you have to remember about fibs is that's it a level to look for opportunities. A lot of traders use them as to the pip reversal and buy sell to that point. I leant that any fib level is probably another fib in the other direction

Carpe diem: Intraday tactics for Dax and Dow

Looks like a 80s video game ct

Carpe diem: Intraday tactics for Dax and Dow

Glad I pulled out of that trade

Carpe diem: Intraday tactics for Dax and Dow

Yeah still loads of downside room - just pulled out as no time to mange the trade

Carpe diem: Intraday tactics for Dax and Dow

Closed my short for 112 pips - so 1 pip shy of 150 pips profit today. thats me for the day

Carpe diem: Intraday tactics for Dax and Dow

Looks good for us - US as in us Dax traders who are short and not U.S.

Carpe diem: Intraday tactics for Dax and Dow

US news coming out in 1 min - see how it affects EU

Carpe diem: Intraday tactics for Dax and Dow

Decided to take further 25% off and SL just above 11200

Carpe diem: Intraday tactics for Dax and Dow

Still targeting 11110 - got the fib and 20 sma sitting there

Carpe diem: Intraday tactics for Dax and Dow

Would of put in another short here but as in one already thought I'd just hold off

Carpe diem: Intraday tactics for Dax and Dow

half my profit taken - will let the rest run with SL at 11230 - got limit at 11110 (always find when I put in a limit the trade goes against me)

Carpe diem: Intraday tactics for Dax and Dow

Lets see whose stronger 1min 20sma or 50 sma

Carpe diem: Intraday tactics for Dax and Dow

Moving SL lower incase 11200 becomes support now

Carpe diem: Intraday tactics for Dax and Dow

Well got a short open now - and SL at BE

Carpe diem: Intraday tactics for Dax and Dow