I can see us hitting 9735.0 (Daily 7sma), and we should get to 9840 in a couple of days (as per previous post)...

Carpe diem: Intraday tactics for Dax and Dow

Still getting used to you shorting the Dax... Versatility to adapt to market conditions is key

Carpe diem: Intraday tactics for Dax and Dow

Clear break to 20sma on 4H, looks like we may be headed to 50% Fib of 9840.4 in next couple of days before we retreat again.... Just a thought Having said that, any developments on VW or other Car manufacturers re: EPA breaches will derail it at any ...

Carpe diem: Intraday tactics for Dax and Dow

Also another thing about Regulators, usually the first major perpetrator will normally face large fines/penalties/remediation to deter others from doing the same act. Fines/penalties/remediation costs generally get larger when other perpetrators are ...

Carpe diem: Intraday tactics for Dax and Dow

I believe the issue with BMW X3 failed test was on a slopping surface, and not a standard road test, so the jury is still out on this anomaly. I expect more tests to take place on different car manufacturers and these tests will become more ...

Carpe diem: Intraday tactics for Dax and Dow

Bankruptcy is a possibility, apparently other countries are now reviewing VW's emissions according to their environmental standards - South Korea's regulator has announced they will be reviewing VW emissions. It may not be over. The other risk is ...

Carpe diem: Intraday tactics for Dax and Dow

Just realised this... This is not good for the Dax and VW. "As many as 482,000 diesel-powered cars are said to be affected. With fines theoretically costing as much as $30,000 per vehicle, VW could face a bill totaling more than $18 billion (16 ...

Carpe diem: Intraday tactics for Dax and Dow

This may help, an excerpt of what Delta1 sent to me: "K+S is the only real basic resources company in the Dax30. EON and RWE have oil services, but core business is energy production (coal, gas, nuclear power, clean energy). BASF has oil and gas ...

Carpe diem: Intraday tactics for Dax and Dow

Dax is back on the 1x1.5 line (image 1), which is the average line of velocity that I think the market will meander along for the next year (until the next great crash). Image 2 shows that the market tracks the 1x1.5 line for at least 1.5 years ...

Carpe diem: Intraday tactics for Dax and Dow

Weekly review. Largely correct : url url url url url Neutral outcome/Not so correct: url I try my best... Now for next week

Carpe diem: Intraday tactics for Dax and Dow

Welcome back D1. I dont think the rate hike will happen anytime soon tbh, and I have my theories that QE4 is likely again.

Carpe diem: Intraday tactics for Dax and Dow

US Fed Res Bank look at a range of indicators, but the primary ones are US Full Employment (Unemployment at 5%, currently at 5.1%), and Inflation above 2% (currently core inflation at 1.8%)... So given Equities markets are off their highs, and the ...

Carpe diem: Intraday tactics for Dax and Dow

I think the Yanks may be buyers later today (when NY goes online)...

Carpe diem: Intraday tactics for Dax and Dow

I think 50% retrace may pose as resistance, we may get a little pullback on Xetra Open. I dont think this rally will go very high, as I think the US Fed rate decision Thurs/Fri will make investors a little nervous.

Carpe diem: Intraday tactics for Dax and Dow

Looks like the buying has started early on Wednesday

Carpe diem: Intraday tactics for Dax and Dow

4H chart is moving into a squeeze with a breakout on the cards...

Carpe diem: Intraday tactics for Dax and Dow

The markets are going to grind lower this week it appears.

Carpe diem: Intraday tactics for Dax and Dow

Not sure if this is true, but could be net selling next two days and net buying on Wednesday... url Then potentially net selling on Thursday and Friday ahead of US Fed Res Bank's rate decision. Just my thoughts to begin the week

Carpe diem: Intraday tactics for Dax and Dow

On same page my friend...

Carpe diem: Intraday tactics for Dax and Dow

Bearish start to the day especially being a Friday (EoW) and EUR up. Bottom of the upward trend line is approx. 10160 (attached below), I think we'll get there at some stage during the day but not sure if it will rebound or smash through it. I have ...

Carpe diem: Intraday tactics for Dax and Dow