Big question is do you hit the Longs now?!? Or wait for London open?!?

Carpe diem: Intraday tactics for Dax and Dow

US Equities has some headwinds no doubt - stronger USD will hurt foreign earnings of multinational corporations, plus US exporters. Then there is Oil, hurting Energy sector, and those prices will stay low for at least a year is my guess given Excess ...

Spider's Den

Got that one wrong!

Carpe diem: Intraday tactics for Dax and Dow

Looks like 12k may provide support... for now

Carpe diem: Intraday tactics for Dax and Dow

USD strengthening against EUR. Might explain strength in Dax at Open today holding very near all time highs, and interested to see if we get some reversal on SP500 on NY Open today.

Spider's Den

Agreed. EUR/USD heading for lower than 1.075, so it may attract US buyers later.... Let's hope

Carpe diem: Intraday tactics for Dax and Dow

I took a blind faith momentum trade (but only took 14 pts, exit around 12075). Hope you all got some green pips. I need to learn to be quick and post my trades.

Carpe diem: Intraday tactics for Dax and Dow

Hmm... Why so mad? Usual dip and rise... Should break 12100 today.

Carpe diem: Intraday tactics for Dax and Dow

Good trade, I think she'll pullback now. Keep an eye open for NY session open, as we may start to see buying again. Good article worth reading for you all: ...

Carpe diem: Intraday tactics for Dax and Dow

Dax retesting original trend channel, it needs to close above 12043 to confirm. 12600 target here we come!

Carpe diem: Intraday tactics for Dax and Dow

Good call Cat. The second one that is! I noticed bullish activity just before the Open. There seems to be auto-sales as the Dax approaches 12k, possibly a couple of Funds de-risking.

Carpe diem: Intraday tactics for Dax and Dow

Interesting. When do you think the Dax will make this new high (month(s)/year)? I might buy some Call options once we get a better pullback - just contemplating June15, or Sept15 expiry.

Islander and Medici trade the European open

Top post, thanks. A friend of mine always tells me to look at repeating retracements/pullbacks. The last being the one you mention at the 10000 level. I too am looking for a similar retracement down, and if it does occur, I think it will be within a ...

Islander and Medici trade the European open

Hey D1 - Do you think Dax companies will entertain share buybacks during the year and during loose monetary policies (cheap credit) in Europe/Germany? As you would be probably aware, cheap credit in the US led to record levels of share buybacks and ...

Carpe diem: Intraday tactics for Dax and Dow

SP looks a bit droopy... May drag European Equities down this afternoon. Just a guess.

Carpe diem: Intraday tactics for Dax and Dow

How many Longs do you have there? Bravo. Sounds like my Friday trades with some red vino.

Carpe diem: Intraday tactics for Dax and Dow

Top trading. Well done. Said to a mate earlier that the Dax would drop 100pts, but I just couldn't put myself to short the Dax. Its torched too many of my shorts in the past!

Carpe diem: Intraday tactics for Dax and Dow

I think I'm with Bones. Looks like a bullish hammer, reversal indicator. However, on 4H chart looks like its still in downtrend, wouldn't be surprised if we see a hanging man on open. Yesterday's price action looks like a typical correction ...

Carpe diem: Intraday tactics for Dax and Dow

No worries! Gold A perfect environment for Gold is as follows: - Low interest rates (check), - High Equities prices (check), - Uncertainties (Greece default, Yemen bombings, etc - check), - Rising inflation (possibly on the way). Gold is still in a ...

Spider's Den

For those that trade Equities Indices: There has been some volatile moves overnight, particularly in the US SP500 and Dow Jones, causing most Equities Indices to drop substantially today. US Equities Currently, there is a risk off mentality given ...

Spider's Den