agreed

Carpe diem: Intraday tactics for Dax and Dow

I notice that too. look how price is following the channel bottom so well...

Carpe diem: Intraday tactics for Dax and Dow

Enjoy China!

Carpe diem: Intraday tactics for Dax and Dow

Maybe after US open?

Carpe diem: Intraday tactics for Dax and Dow

Any way, while we wait here's some chart art.

Carpe diem: Intraday tactics for Dax and Dow

I think so.... I'm keeping any on M15 charts though. Price is being very stubborn.

Carpe diem: Intraday tactics for Dax and Dow

closed pffft

Carpe diem: Intraday tactics for Dax and Dow

SL = BE risky

Carpe diem: Intraday tactics for Dax and Dow

short 10235

Carpe diem: Intraday tactics for Dax and Dow

zoomed in M15

Carpe diem: Intraday tactics for Dax and Dow

image

Carpe diem: Intraday tactics for Dax and Dow

Are we trading this channel? Is it about to break or another great buy?

Carpe diem: Intraday tactics for Dax and Dow

I like your sideways view - quite possible.

Carpe diem: Intraday tactics for Dax and Dow

It's not a bad indicator, but like all of them they just report, not predict. It re-paints some what, as it must do, so you may notice that once 3 bars are set it'll keep at least one bar should price run against it.

Carpe diem: Intraday tactics for Dax and Dow

just maybe this is a great sell Dax opportunity....

Carpe diem: Intraday tactics for Dax and Dow

but i think gold is going up and DAX is going down....

Carpe diem: Intraday tactics for Dax and Dow

Since I have spent my 10 cents I can give my last 5 cents. If in a bull market price falls back you may be scared to buy, but in a bear market when price rises you would be scared to short it? It makes sense that market direction is very important. ...

Carpe diem: Intraday tactics for Dax and Dow

This is my view, Weekly Chart. This doesn't look bullish. but things change on a dime. You can see how i'm shorting , long term. I might be wrong. We might break this channel upside. in fact I wouldn't be surprised if we did. But I'll watch that ...

Carpe diem: Intraday tactics for Dax and Dow

i think most people on this forum have probably read or watched, The Big Short, but I think this is the big short.

Carpe diem: Intraday tactics for Dax and Dow

You are right about this. We don't know the extend to which this can go, but I do see the writing on the wall. we have popped Zimbabwe, ok Africa does this all by themselves, (I live in South Africa and I see it coming), Venezuela, Brazil is about ...

Carpe diem: Intraday tactics for Dax and Dow