Looks like we are moving into a squeeze with the slight uptrend into the 200sma on 1m. As the EUR flirts at 1.06 level and possibly moving higher, could the Dax break to the downside?! Not sure, I might wait for the move to happen first.

Carpe diem: Intraday tactics for Dax and Dow

I see a possible confluence and target level at the 200sma, which is very close to the 50% Fibonacci on the Daily chart @ 10,957pts. The Fibonacci was taken from the most recent swing low (16 Nov - 10,475pts) to today's swing high around 11,432pts. ...

Carpe diem: Intraday tactics for Dax and Dow

I think we may get a little pullback on XO, not sure how deep though. EURUSD although is still honouring the 7sma to the downside on the Daily chart, it is starting to flatten out. If we get a mini-retrace on the EURUSD to upside, then I expect the ...

Carpe diem: Intraday tactics for Dax and Dow

Fellow Spiders, just a small post on my view re: the AUDJPY pair. url

Spider's Den

I'm predominately an Equities trader, however, I follow this pair with interest as it more or less tracks risk-on / risk-off sentiment along with Equities Indices. Equities Indices have begun a new bull cycle since the August 2015 lows. ...

AUD/JPY

Interesting post on the Only Gold Thread, which I keep my eye on every so often to see if there is growing risk-off (Gold bugs) or risk-on (Gold bears) sentiment out there... Let's hope this doesn't escalate. url

Carpe diem: Intraday tactics for Dax and Dow

Trust in the bull.... It has mighty horns

Carpe diem: Intraday tactics for Dax and Dow

Something to think about traders: Last interim high was 6 Aug 2015, when the Dax was 11,761pts. Since then, we had the VW scandal, which effectively wiped out on calculation about 400pts on the Dax. Today the Dax hit 11255. Add the VW scandal points ...

Carpe diem: Intraday tactics for Dax and Dow

Oooh... Will have to look them up, def my style of music - thanks!

Carpe diem: Intraday tactics for Dax and Dow

Some of the greatest products every produced from Germany: url Kraftwerk and Alphaville are some of my all time favourites

Carpe diem: Intraday tactics for Dax and Dow

Will be interesting to see how the price reacts to 11226.5 today if we get there, which is the top trend line in the current apex that the Dax is currently moving north within it... if that makes sense I can't see massive selling on the horizon yet, ...

Carpe diem: Intraday tactics for Dax and Dow

Pretty much one way traffic upwards today. With Draghi at the realms of the ECB, I think we will see the EUR devalue further and head toward parity against the USD. On that basis, I still see 11,450-11,500 in sight before the FOMC meeting. Bad ...

Carpe diem: Intraday tactics for Dax and Dow

Russians having a bad day, helicopter is shot down! url

Carpe diem: Intraday tactics for Dax and Dow

This is a bit of a worry... I don't like the look of where this is heading. If Turkey was not in NATO already, then Russia probably would've retaliated already. I'm a bit worried about this sort of stuff. url

Carpe diem: Intraday tactics for Dax and Dow

It was typical profit taking on the Dax, and when its just profit taking, the selling I find usually finishes around the 20 minute mark after XO... If its a news event driven price drop, then it can sell constantly during the day. Its sort of a ...

Carpe diem: Intraday tactics for Dax and Dow

Just a couple of thoughts to start this week. 1. Dax is at an Avg PE ratio of 15.54. SP500 is near 21.70. 2. A friend sent me the first chart, and I think we may move into the apex around 11,450-11,500 by middle of December 2015. FOMC meeting for ...

Carpe diem: Intraday tactics for Dax and Dow

Re-entered again - high leverage this time, in and out. Not sure how many ticks on a standard contract, but was a nice take, it was not recommended as MACD looked like she was going to drop and I went long. Ok trading is not recommended after ...

Carpe diem: Intraday tactics for Dax and Dow

Had a few drinks out... Came home saw the Dax had retraced nearly 100 points south, so entered longs @ 11069, out for +18. Thanks for coming. Love you long time Dax.

Carpe diem: Intraday tactics for Dax and Dow

Shame I missed today's trading... It made another sweet move north again. Hope there was green ticks out there

Carpe diem: Intraday tactics for Dax and Dow

Very possible... We broke through a major level overnight, breaking through the downtrend channel in play since April 2015. Looks like a gap up on open even with a slight strengthening of the EUR too.

Carpe diem: Intraday tactics for Dax and Dow