Went long 4 mini contracts on 200sma on 1m in pre-trade hour. Closed 2 mini contracts after +15 about a min before XO. Close the third at the BRN of 10600 for +25, and the last at 10610 for +35. Then went long again with 2 mini's once the hammer was ...

Carpe diem: Intraday tactics for Dax and Dow

Certain sense of Deja Vu with the Dax opening at the same price at the beginning of pre-trade hour from yesterday. Only this time we have gapped up, instead of gapped down. On the Daily chart, 2 days ago we have a Shooting Star, and yesterday a ...

Carpe diem: Intraday tactics for Dax and Dow

US GDP as pretty much expected, not worth trading that news.

Carpe diem: Intraday tactics for Dax and Dow

USA GDP in 10mins. If its good (well above 2.5% YoY), expect EURUSD to drop to 1.085 and Dax to jump beyond 10600 If its bad (well below 1% YoY), expect EURUSD to go to 1.10-1.105 and Dax to drop below 10400. Wait for the data, before trading is ...

Carpe diem: Intraday tactics for Dax and Dow

Good buddy, glad you moved it temporarily to keep it alive. Dax could battle along 200sma on 1m for a bit, but if EURUSD increases, expect another swift move south on the Dax.

Carpe diem: Intraday tactics for Dax and Dow

Bravo Maestore, Enjoy your break.

Carpe diem: Intraday tactics for Dax and Dow

Its going to hit 200sma on 1m, which is currently around 10512, it may test this and pop down. Its also the 50% Fib from XO to the intra-day low.

Carpe diem: Intraday tactics for Dax and Dow

Here is another view on 4H TF. We almost hit the 61.8% Fib around 10392pts, and bounced back to the 50% FIb 10477pts in that recent relief rally. No doubt the algo's are buying then selling at these levels. Always good to look at higher TFs for ...

Carpe diem: Intraday tactics for Dax and Dow

Ok, here is another for those into strategy. This one rarely fails me. After a serious move up or down, I look for a break of the 7sma (green line) on 1m chart with a candle closing above it (for upside) or below it (for downside). You will notice ...

Carpe diem: Intraday tactics for Dax and Dow

Today's tactics were pretty simple. I saw EURUSD hit the 200sma on 1m, and looked ready to retreat before pre-trade hour meaning Dax could rise. Commodities were positive today, and Asia Equities session was neutral. So to me, this market would test ...

Carpe diem: Intraday tactics for Dax and Dow

I agree. We got very close to the upper line of the downtrend channels and popped back down again. At similar levels were the 20sma and 200sma on Daily, other resistance levels also. If we stay above 200sma on 1m, then it can go up again... However, ...

Carpe diem: Intraday tactics for Dax and Dow

What a day to have PC and Internet issues. Damn it.

Carpe diem: Intraday tactics for Dax and Dow

I was a little concerned with another possible tight range today, however, I went long 3 mini's on pre-trade hour once it broke through the 200sma on 1m, around low 10560s. This gave me the signal that the gap could be closed. Closed 2 mini's for ...

Carpe diem: Intraday tactics for Dax and Dow

Bullish pattern emerging on EURUSD. I'm not prepared to enter any late positions on the Dax, I don't have clear signals. I think I may wait for next week. Good luck guys!

Carpe diem: Intraday tactics for Dax and Dow

Dax price seems to be caught in the web of the SMA's on 1m. I dont like that type of price action. 10620s holding again for now, but its making lower high's too.

Carpe diem: Intraday tactics for Dax and Dow

Might be wrong, but I get the feeling that the Bulls may come out to play first thing on NYSE open. Selling may follow later, not sure.

Carpe diem: Intraday tactics for Dax and Dow

Just popped over the border for some Italian food, and will probably finish off with some Desert from Greece. Who knows, I may return to France to finish off those beers... Waiting for NYSE open in anticipation, should be an interesting one today.

Carpe diem: Intraday tactics for Dax and Dow

I love this post, I hope this all helped you with my pre-day setups. So far we have been stuck between first support suggested around 10620s and upper resistance of 10707. I'm only a couple of pts away.

Carpe diem: Intraday tactics for Dax and Dow

Hahaha of course!

Carpe diem: Intraday tactics for Dax and Dow

Gone over the border now to visit my French friends.

Carpe diem: Intraday tactics for Dax and Dow