Seems to be honouring the current upward trend line (second image as noted earlier), not sure when it will run out of steam today.

Carpe diem: Intraday tactics for Dax and Dow

First image shows my strategies going forward to have a short bias near 1x1 and long bias near 1x2. 1x1.5 line is the longer term velocity projected. Green dots were upper limit for yesterday and 31 December 2015 (end of year). Longer term Gann Fan ...

Carpe diem: Intraday tactics for Dax and Dow

Gann Fan 1x1 line upper boundary was 10545 (as per previous post), and the 50% Fibonacci on the swing high/low was 10500 (as below), so I knew yesterday we would get close to this range and start heading down. Stupidly I didnt follow my own advice, ...

Carpe diem: Intraday tactics for Dax and Dow

The Dax is very much moving like it did at the start of the year, just stepping higher and higher with no decent pullbacks today (aside from Frankfurt initial open). I still think the Dax will move between the 1x1 Gann Fan and 1x2 Gann Fan as per ...

Carpe diem: Intraday tactics for Dax and Dow

Dax was down by more than 1.7% before pre-trade had opened, and with German Factory orders data being released at 4pm it look set for a spike. I took some long positions in what looked like another bearish setup by looking at the charts alone as the ...

Carpe diem: Intraday tactics for Dax and Dow

EUR drops 100bps, Dax jumps 100 ticks... Text book Draghi.

Carpe diem: Intraday tactics for Dax and Dow

Hey Forexcube, Just curious are these 40 short contracts that you have open/live the standard contract size (Eg EU25 per tick per contract)? Hope you get a sell down to cash these trades in...

Carpe diem: Intraday tactics for Dax and Dow

Morning Cat, I was long earlier as I managed to scoop a few mini entries when it dipped on pre-trade open, but I was with you, it was hugging the 200sma on the 1m as if it was ready to drop. Hopefully during Xetra open we may get a nice dip for ...

Carpe diem: Intraday tactics for Dax and Dow

And like you said it can rally as well, loads of eco data coming out in next 20mins...

Carpe diem: Intraday tactics for Dax and Dow

I think the Yanks are going to sell hard tonight. be careful with trades

Carpe diem: Intraday tactics for Dax and Dow

Is anyone able to put a 10 year chart of the AJ pair vs various Indices (Dax, SP500, Nikkei)? The correlation for AJ appears to be quite strong with Indices.

AUD/JPY

Ordinary chinese data really hurts the AUD... I see more downside, was lucky to get out for a small profit.

AUD/USD

I rarely trade FX, but couldn't resist a long entry at 0.7127. TP @ 0.7180. I think it can probably hit 0.7200 pretty easily by tomorrow.

AUD/USD

Longer term view, I think the Dax will move between the 1x1 and 1x2 Gann Fan (as per 2nd image it shows the historical velocity), for a closer view of the potential range for the next 6 months refer to 1st image. So my trading strategy for the next ...

Carpe diem: Intraday tactics for Dax and Dow

I went long this morning, it looked like a typical setup that the market would pullback as it was sitting below the 200sma on the 1m chart after opening above 200pts from the previous close... This setup suggested an initial pullback and then a ...

Carpe diem: Intraday tactics for Dax and Dow

FYI - Chinese Super Funds are now allowed to invest 30% of their net assets in the stock market... this approval over the weekend still didnt stop the 10% drop on China50 today. url

Carpe diem: Intraday tactics for Dax and Dow

I took a short trade and it moved against me for a small loss... spewing now, as it would've been 450pips in the green I think the Equities carnage (and AUDJPY) will continue until Chinese Equities stabilise in the near future, refer to ...

AUD/JPY

I think once we see China50 down to 7000-7500 level (longer term level pre 2015 boom - and with more realistic PE ratios), then the Equities selling will slow and possibly stop... That's when I see Global Indices starting to climb again. Could be ...

Carpe diem: Intraday tactics for Dax and Dow

Dax @ 10,080... Oh my goodness, looks like a crash on our hands...

Carpe diem: Intraday tactics for Dax and Dow

So far 10433 to the pip was the low... let's see if it stays as the low!

Carpe diem: Intraday tactics for Dax and Dow