Partly chinese equities going down, partly US corp earnings not really setting the house on fire, some (not all) recent US economic data has been ordinary (new home sales etc), also the US rate hike possibility may see funds shift from risk-on to ...

Carpe diem: Intraday tactics for Dax and Dow

These are only EU5 contracts. Long another EU5 at 11201. Avg Long entry is 11314.

Carpe diem: Intraday tactics for Dax and Dow

None

Carpe diem: Intraday tactics for Dax and Dow

Ok, so my timing was off by an hour, but I'm Long @ 11,367. Target of 11,600 by late next week.

Carpe diem: Intraday tactics for Dax and Dow

I still think we'll hit the 11,367 target (38.2% Fib) and its very possible it could be today, perhaps later today during the first 30mins of NY going online (NY ET 9.30am to 10am); followed by strong buying at this level. I think once this happens, ...

Carpe diem: Intraday tactics for Dax and Dow

Chart attached...

Carpe diem: Intraday tactics for Dax and Dow

Morning all, I think we may end up somewhere between 11,300 and 11,400 before a swing to the upside again; this will take us to the top of the previous down trend channel and somewhere close to 20sma on the Daily chart. 11,367 is the 38.2% Fib from ...

Carpe diem: Intraday tactics for Dax and Dow

Anyone looking at Dax company earnings for Q2 (June end) of 2015? They should start to report soon?!?

Carpe diem: Intraday tactics for Dax and Dow

Friday is profit taking day - its ramped up a lot the last week!

Carpe diem: Intraday tactics for Dax and Dow

Just curious, as we are heading into the summer season, does volatility quiet down during late July and into August!?! I'm not sure of the seasonal aspects of the Dax, as this is my first year of trading it. Happy for traders to share their views on ...

Carpe diem: Intraday tactics for Dax and Dow

Hmm... More talk of a Grexit for up to 5 years from the EU, and the Dax is currently down 240pts (11200s) on IG's Sunday market.

Carpe diem: Intraday tactics for Dax and Dow

Dax is moving in a position of weakness, below the 200sma and moving beneath a declining 20sma and 7sma... Its shot up too much overnight and I just see investors de-risking and profit taking today.

Carpe diem: Intraday tactics for Dax and Dow

Most markets did the same thing, all off the back of Greece submitting new reforms/proposal.

Carpe diem: Intraday tactics for Dax and Dow

Fantastic trading well done.

Carpe diem: Intraday tactics for Dax and Dow

Steady buying for most of the day suggests the Funds are buying, its been over the 20sma on the 1min chart for most of the day until now, so it may break down slightly here or flat-line. However, saying that, it has been above the 200sma most of the ...

Carpe diem: Intraday tactics for Dax and Dow

what is your 76.4% Fib in points (eg level)?

Carpe diem: Intraday tactics for Dax and Dow

China now down 10.5% for the day only!

Carpe diem: Intraday tactics for Dax and Dow

I'll be looking for Long positions around low 10,600s either today or tomorrow.

Carpe diem: Intraday tactics for Dax and Dow

In points?

Carpe diem: Intraday tactics for Dax and Dow

China has been selling-off the last couple of weeks, although with an Average PE ratio closer to 85 when the market was at its peak, its no surprise its down now. There is incredible leverage in China and HK atm, so margin calls are exacerbating the ...

Carpe diem: Intraday tactics for Dax and Dow