Agreed, I don't like this pa at all, thanks for the confirmation. Might be an early weekend for me

Carpe diem: Intraday tactics for Dax and Dow

I have a gap needing to be filled down to 10376. Almost got there.....

Carpe diem: Intraday tactics for Dax and Dow

Interestingly I just trade price, supply and demand, and quite often I don't quite understand your analysis Dutchy (my fault, not yours), but very often we have the same outcomes. Price is currently butting up against supply and S/R lines on all ...

Carpe diem: Intraday tactics for Dax and Dow

Hi Embo I can see why you took shorts on the 19th, but I'm always to scared to hold Dax overnight due to the big gaps that we have no control over and I struggle to predict. I'm also not sure what I would do now sorry - like you said price is likely ...

Carpe diem: Intraday tactics for Dax and Dow

Hi Embo, the same happened with the AUD cut in May (dropped heavily on the announcement and kept dropping for the rest of the month before slowly recovering), but it reacted differently on the most recent rate cut as during/after the cut was ...

Carpe diem: Intraday tactics for Dax and Dow

Thank you for all your info and selfless posting Dutchy - I think there should be a "like" button or similar so that I can show appreciation without clogging up the thread! Thanks!!

Carpe diem: Intraday tactics for Dax and Dow

Stylinex are you restricted by the rules that govern US citizens? I know the US brought in rules a few years ago that prevented US citizens from trading CFDs or direct forex. In Aust, we just trade the pure forex charts and brokers such as ...

Carpe diem: Intraday tactics for Dax and Dow

maybe some big players got the German PMI numbers early?

Carpe diem: Intraday tactics for Dax and Dow

Thanks guys, I might take another look!

Carpe diem: Intraday tactics for Dax and Dow

I was using IG Markets in Australia but they wouldn't provide MT4 so I changed. It sounds like IG supports MT4 now though?

Carpe diem: Intraday tactics for Dax and Dow

Possibly waiting for NY Open to close the gap like it did on Friday?

Carpe diem: Intraday tactics for Dax and Dow

Thanks! It's the spread ask and bid price If you short and stop loss above entry price it's a buy order - buy order meet ask price will be executed although the bid price never reach your buy order. And thanks Ken too!

Carpe diem: Intraday tactics for Dax and Dow

This might be clearer:

Carpe diem: Intraday tactics for Dax and Dow

Now this is interesting - my feed has yesterday's high at 10088.5, which would have hit your entry (assuming that it was at the same time) - but I would have thought that your entry would only register based on the price your broker is giving?

Carpe diem: Intraday tactics for Dax and Dow

I've had that happen too, sometimes the trade enters at a price that price never reached, if you know what I mean. I put it down to low liquidity but it's so frustrating when the trade starts off underwater when the price you chose would have been ...

Carpe diem: Intraday tactics for Dax and Dow

Thanks!

Carpe diem: Intraday tactics for Dax and Dow

I hear you!!!

Carpe diem: Intraday tactics for Dax and Dow

It is a very common complaint (I saw yours last night too!!)

Carpe diem: Intraday tactics for Dax and Dow

It would make trading so much easier, wouldn't it!!

Carpe diem: Intraday tactics for Dax and Dow

So does this imply that stops can be seen also? I am constantly amazed and frustrated at how price reaches stops and reverses, not just for me but for other traders also. Makes me nervous about using stops but the the consequences of not using one ...

Carpe diem: Intraday tactics for Dax and Dow