Yeah, this might be temporary weakness, however 21 April provided a good Short trade opportunity based on time series. I think this is temporary weakness. Looking for a possible top as you say on US Equities around 10/11 May. Let's see.

Carpe diem: Intraday tactics for Dax and Dow

Could close the gap back down to 10440pts too... Bonus if it does.

Carpe diem: Intraday tactics for Dax and Dow

Supports if we get a dip on Open, but not sure its going down too far (*those in bold are possible) 10,481.90pts: 1M - 200 SMA* 10,476.30pts: 1H - 7 SMA* 10,457.20pts: R2 10,435.70pts: 5M - 200 SMA 10,434.20pts: 1H - 20 SMA 10,421.40pts: 4H - 7 SMA ...

Carpe diem: Intraday tactics for Dax and Dow

Possibly by end of the week at this rate!

Carpe diem: Intraday tactics for Dax and Dow

Closed last night in bed, for +34.

Carpe diem: Intraday tactics for Dax and Dow

Equities still looking inherently bullish, so the 20/21 April possible top on US Equities may be invalid. Watching for signs tonight. I have the next key dates for reversal as 10/11 May. Ok, as for Dax, I have a possible resistance at the BRN of ...

Carpe diem: Intraday tactics for Dax and Dow

Its going to 0.80.

AUD/USD

Leaving trade overnight, TP set for 10448pts, let's see where it goes. Oil on a break out. I like this for Equities.

Carpe diem: Intraday tactics for Dax and Dow

Got back to my desk, noticed the break out, went long multiple trades, closed some for +15, +15, +20, one still going...

Carpe diem: Intraday tactics for Dax and Dow

Price action too close to SMA's and choppy, going to sit out for rest of the day. Trade safe guys.

Carpe diem: Intraday tactics for Dax and Dow

Nice movements on Crude Oil atm after US Oil Inventories data. Might push Equities another leg up, let's see.

Carpe diem: Intraday tactics for Dax and Dow

I think Crude Oil will slowly head back to USD50/bbl, within a month of two... I think the worst is over.

Oil and Natural Gas

Don't worry buddy, I sense good Shorts coming up with US Equities. Keeping a close eye on it now. Full moon outside here in Oz, normally notorious for market reversals. The crazies come out lol.

Carpe diem: Intraday tactics for Dax and Dow

Hey T, As you know, I mainly trade Equities, and as I am well aware that you often trade JPY pairs when you see strong reversals on Equities. I thought I'd share this little trading pattern that usually occurs ahead of ECB Draghi speeches, in the ...

Spider's Den

Every trader wants "success"... video

What kind of music you hear while you trade?

We still love you Fxcube... In a platonic way of course. Keep the posts coming.

Carpe diem: Intraday tactics for Dax and Dow

Just got home and TP hit, bought a small trade at 10308pts ahead of Draghi whilst on a walk. Thought we may get some light buying ahead of his talks. TP hit for 30.

Carpe diem: Intraday tactics for Dax and Dow

You still long on that trade buddy? You had an entry quite low didn't you from memory...

Carpe diem: Intraday tactics for Dax and Dow

Yeah, I'm looking for a Short trade on Dow/SP500 today or tomorrow, hopefully at new highs. Although they both broke the down trend in play since May 2015, along with bullish W formation, those markets can climb further, however, as stated earlier, ...

Carpe diem: Intraday tactics for Dax and Dow

TP Hit... Also took additional entries at 10310pts after XO for +15 each (back to 2m 200sma).

Carpe diem: Intraday tactics for Dax and Dow