Maybe 20sma on 5m, or 200sma on 1m... But really depends on price action around Xetra Open, and also how the Dax market reacts to a weaker USD today.

Carpe diem: Intraday tactics for Dax and Dow

Def right track mate I think 10,140pts could be the target today. Targets above the 50% Fib are as follows: 11,431.50pts: Fib 0% 10,781.20pts: Fib 23.6% 10,457.80pts: Monthly 20 SMA 10,383.00pts: Fib 38.2% 10,269.80pts: Monthly 7sma ...

Carpe diem: Intraday tactics for Dax and Dow

Said almost the same thing to a mate over email about 3 hours ago, maybe I should patent my quotes. Could derive a nice passive income, lol. Interesting thing today is yes, bond yield curves should lower due to rate expectations being ...

Carpe diem: Intraday tactics for Dax and Dow

Very interesting that 20sma on 5m TF has held as support. And usually when the 7sma and 20sma are about to cross-over, there is a breakout either side. So watch this space. We may also have a NRD (narrow range day) leading into FOMC, despite the ...

Carpe diem: Intraday tactics for Dax and Dow

Hmmm... I mean 2 min Time Frame (TF) chart. My broker allows it. Does yours? Attached.

Carpe diem: Intraday tactics for Dax and Dow

Ok, don't try this at home kiddies, as the expression goes. Another bit of burst trading. I noticed another breakout 1min before XO. I then took quite a few trades at 9777pts and 9771pts, with the expectation to close them before the BRN of ...

Carpe diem: Intraday tactics for Dax and Dow

I have a slight bullish bias, but not overly strong. We should push to at least R1 and 10,000pts again. Main reason, is Oil price held from its recent slip on the 20sma on Daily TF and moving up again, confirming still in uptrend. There is a few SMA ...

Carpe diem: Intraday tactics for Dax and Dow

That range I suggested yesterday before Open pretty much held for 24 hours - 9,985.90pts to 9,869.80pts.

Carpe diem: Intraday tactics for Dax and Dow

So far the anticipated range has held for the first 1hr 20mins of trading.

Carpe diem: Intraday tactics for Dax and Dow

Did the same with 1 mini long @ 9911, once the 5m bullish hammer was formed @ 9.30am CET, closed for +35pts, which was just above the 5m 20sma at the time of closing the trade. If you look at the trade a bit more carefully, I could've squeezed max ...

Carpe diem: Intraday tactics for Dax and Dow

Currently Germany 30 Cash CFD @ 9958pts.

Carpe diem: Intraday tactics for Dax and Dow

See these as the crucial levels to watch today. Anticipated range where bold/asterix. Immediate Resistance: 10,046.50pts: R1 9,985.90pts: 5M - 200 SMA* 9,982.60pts: 1H - 20 SMA 9,976.40pts: 1H - 7 SMA 9,975.90pts: 4H - 7 SMA 9,970.10pts: 1M - 200 ...

Carpe diem: Intraday tactics for Dax and Dow

Can't you get an account that offers "Cash Stock Index CFDs"? Gives you 24hrs x 5 day continual prices.

Carpe diem: Intraday tactics for Dax and Dow

Asian Equities are not too bad, despite all in the red. ASX is much lower as Commodities prices have dipped again. Maybe consider going long Gold then as well, but it looks a bit bearish on the Daily TF.

Carpe diem: Intraday tactics for Dax and Dow

Why such negative sentiment? BoJ just announced they are buying more Govt Bonds, JREIT's and ETF's under their QE programme. JPY should weaken again.

Carpe diem: Intraday tactics for Dax and Dow

Good pullback here on the Dax, its moving in line with the Oil price atm...

Carpe diem: Intraday tactics for Dax and Dow

Yeah, I usually look at the Gain/Loss % often. Just wasn't sure though around the 10k level, so banked the profit early. Top of the uptrend channel for today is around 10,090pts - might head there

Carpe diem: Intraday tactics for Dax and Dow

Quality. video

What kind of music you hear while you trade?

Took another breakout trade on pre-trade open, set the TP for 50, just below the R1. And TP hit shortly after. The price dropped in first 8 mins of trading, but what gave me confidence was the 20sma was holding on 5m TF. Check it out, never broken. ...

Carpe diem: Intraday tactics for Dax and Dow

Trading with leverage, is like Playing with Uranium, love this song: video

What kind of music you hear while you trade?