I still like buying the dips... I don't read into market pricing of US Treasuries as a potential rate hike in US next month, despite it being a warning sign. Its been a warning sign to cut rates in Oz for the last 4 months, and the other market ...

Carpe diem: Intraday tactics for Dax and Dow

Can see this going to 10855 at least (200sma on 1H). That might be my first mini long entry if the price action slows down. But always stick to your guns with your short trades if you think its heading lower!

Carpe diem: Intraday tactics for Dax and Dow

Or just head down... my bad

Carpe diem: Intraday tactics for Dax and Dow

If you do that maybe wait for Industrial Prodn numbers - it might spike up on pretrade open (3mins).

Carpe diem: Intraday tactics for Dax and Dow

US Treasuries on the rise, market is pricing a 0.15% rate hike so far: url Danger time Equities.

Carpe diem: Intraday tactics for Dax and Dow

Bought the dip, but didn't hold long enough... Oh well, cant be greedy. I had a feeling we would get back to 11,000pts again at least by tomorrow. Looks like we are on track.

Carpe diem: Intraday tactics for Dax and Dow

Although this may not help. url

Carpe diem: Intraday tactics for Dax and Dow

I have a bullish bias today... Just sitting on 200sma on 1H. Should hold. EURUSD down to 1.085. Enough said from me I'll buy the dips if we get a sell down on open, but I think its going up first...

Carpe diem: Intraday tactics for Dax and Dow

Dax30 like I mentioned earlier today once it hit 11k, it could introduce short term selling. Nonetheless, EURUSD is dropping like a sack. This could ignite the Dax.

Carpe diem: Intraday tactics for Dax and Dow

Given the bullish movement in US and Asia shares, I hit the x2 mini long entries once it broke the 200sma on 1m around 10,971pts; expecting it to hit 11,000pts where I closed the trades. I thought the algo's may trigger some selling above this big ...

Carpe diem: Intraday tactics for Dax and Dow

Given the VW saga has wiped about EU50Bn from its market capitalisation; then assuming all other Dax companies retest their prices when the Dax hit 12,391pts (April 2015), then ceteris paribus excluding the VW write-down, I have a recalculation on ...

Carpe diem: Intraday tactics for Dax and Dow

Yes could be, but always a bit risky around a big round number like 11k, could bring out some short-term sellers. Btw, cant believe 101-1 horse won the Melbourne Cup today. Female Jockey for the first time ever. No expert picked it. That just shows, ...

Carpe diem: Intraday tactics for Dax and Dow

I see two major hurdles coming up: (i) 11,000 is a big round number, could inspire some selling above that level; and then (ii) the 200sma on Daily (currently 11,084). I think the Dax will pass both hurdles, just not sure when, could be on track ...

Carpe diem: Intraday tactics for Dax and Dow

Bring it Dax + Draghi !

Carpe diem: Intraday tactics for Dax and Dow

Daylight savings changes - opens in 30mins

Carpe diem: Intraday tactics for Dax and Dow

Bayer, Deutsche Bank, Fresenius, Fresenius Medical, Deutsche Boerse, Lufthansa all reporting Q3 today.

Carpe diem: Intraday tactics for Dax and Dow

Just a reminder its FOMC statement later today along with the US Fed Fund rate decision.

Carpe diem: Intraday tactics for Dax and Dow

VW Q3 report: url

Carpe diem: Intraday tactics for Dax and Dow

Linde Q3 report out, looks neutral or slightly positive: url VW Q3 report out later today, should be a market mover: url

Carpe diem: Intraday tactics for Dax and Dow

Haha - I'm sure a lot of BoneyM, Alphaville, Sandra, Scorpions, Modern Talking and Milli Vanilli made it onto BASF tapes in Germany...

Carpe diem: Intraday tactics for Dax and Dow