My strategy will be to watch M1 and M5 on the opening and try and see if I can add to my shorts in a meaningful way...

Carpe diem: Intraday tactics for Dax and Dow

So for the fun of it? Which way now?

Carpe diem: Intraday tactics for Dax and Dow

From ZH: "The overnight market action has so far been a repeat of yesterday's, when global bond yields relentlessly slid to fresh record lows around the globe following the launch of the ECB's corporate bond monetization program,and which unlike in ...

Carpe diem: Intraday tactics for Dax and Dow

Hi Jakucha. You'll notice I have only made short trades since April...

Carpe diem: Intraday tactics for Dax and Dow

My strategy for gold is to buy dips on H1 or H4 and hold for the next few years. A bit like buying physical. You won't be swoping in and out of it. For me this is investing rather than trading. But I think gold can also be an enjoyable trade - it ...

Carpe diem: Intraday tactics for Dax and Dow

I was to busy to post shorts as I made them - apologies, but I'll post the chart for my TP positions if it's of any value.

Carpe diem: Intraday tactics for Dax and Dow

Good Call!

Carpe diem: Intraday tactics for Dax and Dow

On the W1 chart, it appears to me that we enter a dangerous area of a breakout for next few weeks? Either up or down?

Carpe diem: Intraday tactics for Dax and Dow

I TP this am on the gap down.

Carpe diem: Intraday tactics for Dax and Dow

You are probably right PariCovek. My take here was that we may get a trickle down from the bounce of that bigger short earlier today?

Carpe diem: Intraday tactics for Dax and Dow

No real news left today to really drive price?

Carpe diem: Intraday tactics for Dax and Dow

2 more shorts

Carpe diem: Intraday tactics for Dax and Dow

just went short

Carpe diem: Intraday tactics for Dax and Dow

But I think your idea can also work, TraderBlah, I just find you often get false breaks like you can see on the M1 chart. Especially if there is no news event driving price.

Carpe diem: Intraday tactics for Dax and Dow

So if I come down to M1 you can see the channel at top and bottom of the screen shot. First prize for me would be to find Res near the top of the channel and to short off of that?

Carpe diem: Intraday tactics for Dax and Dow

Here's an interesting view on H1...

Carpe diem: Intraday tactics for Dax and Dow

image

Carpe diem: Intraday tactics for Dax and Dow

We are below the 200MA on D1

Carpe diem: Intraday tactics for Dax and Dow

Just TP

Carpe diem: Intraday tactics for Dax and Dow

short again...

Carpe diem: Intraday tactics for Dax and Dow