Not sure why we have gapped so high today, perhaps due to the settlement on VW scandal, not sure... US Equities had a weak close and Asia Equities was flat today. Clear downtrend in play on 1H, shows we are at a possible top at 9428pts (CFD) for ...

Carpe diem: Intraday tactics for Dax and Dow

Hi Sisse, Interesting and in-depth update.... one simple query, what do you mean by: "DAX losing 5300.x"? Cheers

The Really Useless Thread

TP hit at 9458... just shy of 20sma on 2m. Ok, i'm outta here. see you tomorrow.

Carpe diem: Intraday tactics for Dax and Dow

Long again at 9420, couldnt help myself... aiming for 9460 at least.

Carpe diem: Intraday tactics for Dax and Dow

Can see this going back to 9420 on CFDs possibly.... not sure on futures what they may equate to. (CFDs currently 9477pts 6.20pm AEST or 10.20am Germany/CET)

Carpe diem: Intraday tactics for Dax and Dow

Closed last trade for minor profit. Looks like a nice rejection of 10m 200sma earlier in the session. I think I may stop trading here, unless an easy scalp arises. Trade safe guys.

Carpe diem: Intraday tactics for Dax and Dow

Thanks re-entered at 9500, saw some support there just before XO. Exit +80 x 2. Still got one left.

Carpe diem: Intraday tactics for Dax and Dow

Exit remaining half for +239. Waiting for next setup, possibly a long trade to 9600-9616.

Carpe diem: Intraday tactics for Dax and Dow

I think 9600 is very possible today, and 9800 could be possibly in the next day or two.... but its hard to say, it could tank hard again at any moment.

Carpe diem: Intraday tactics for Dax and Dow

Exit 50% of trade for +166pts. Leaving the other half to run a bit longer.

Carpe diem: Intraday tactics for Dax and Dow

Long @ 9284, very low leverage (from Melb morning time, sorry should've posted then but wasnt at my computer). TP set for 9450-9484 region. Then may consider shorts depending on price action after XO. Spain fails to form a majority govt in ...

Carpe diem: Intraday tactics for Dax and Dow

Someone is smiling... i think

Carpe diem: Intraday tactics for Dax and Dow

Yeah, that was strong buying below 9500... maybe that's where some Funds are being pumped into the Dax. I still think the Yanks will tank this again later.

Carpe diem: Intraday tactics for Dax and Dow

24 June 2016, market reversal!? Brexit looms. Time series, yet again it appears.

Carpe diem: Intraday tactics for Dax and Dow

I also have a potential reversal date on 24 June for the Dax based on time series, also the UK referendum results should be a known on the 24th (Eg. Around 2PM AEST, or 4AM CET should have 80% of votes counted and a possible result). If 24 June is ...

Carpe diem: Intraday tactics for Dax and Dow

You have to remember this is US Equities, so the impact may be lower in US Equities then say UK or European Equities. However, I probably wouldn't look at the model as guidance on the outcome of the UK referendum. I'll keep tracking the model to ...

Carpe diem: Intraday tactics for Dax and Dow

Just FYI... Latest tracking of Dow Jones predictive model v actual (closing) prices using Time Factor techniques. Although, if we get a Brexit, then its likely to throw the predictive model out of sync. Personally, I think the UK will remain, but ...

Carpe diem: Intraday tactics for Dax and Dow

Tbh, my thoughts this morning was a rejection from the 7sma on Daily, which usually acts as resistance if the downtrend still prevails. I have several layers of support beneath based on price action. I was just curious about the QE comment in ...

Carpe diem: Intraday tactics for Dax and Dow

Hmmm... It was a typical Thursday reversal as you often say! However, when you say QE has stepped in, I thought the ECB QE was only for buying Govt and Corporate Bonds of a certain credit quality (which, has the effect of creating money supply), and ...

Carpe diem: Intraday tactics for Dax and Dow

Anyone thought of a strategy to trade 24 June 2016, when results are likely on UK referendum? Coincidentally, I have 24 June 2016 as the next time series reversal date. If this fails, the the next date is on 30 June 2016. Here are some ideas on ...

Carpe diem: Intraday tactics for Dax and Dow