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Swing Trades DAX/DOW/NQ/GOLD

  • #321
  • Edited 4:39am Nov 13, 2018 12:26am | Edited 4:39am
Quoting magne999
{quote} I as i have seen in your journal earier atleast if you havent gone over too futures you traded CFD`s with points and i have no clue at all how that works i have done one trade on the dax with one lot and with the broker i used for that 1 lot was way too small...Soo probebly a very stupid question how many lots doo you need on Indices too be the same as 1 lot in forex pairs...I have gooten that its counted in points and not pips but thats pretty much it would be nice if you couldd explain a little abaut the difference in trading indices instead...

I don't trade Forex pairs. So no info about that.

1 FDAX Future 1 point = E25,00 P/L (costs +/- E3,00 round turn/in & out)
1 MDAX Future 1 point = E 5,00 P/L (costs +/- E3,00 round turn/in & out)

1 CFD 1 point = E 1,00 P/L (costs +/- E2,00 round turn/in & out)

So 5 CFD contracts is +/- same P/L value as 1 MDAX (Mini) Future contract but higher broker costs.

CFDs are more expensive, and therefor not so suitable for scalping.

CFDs are better for Swing trades. Try to catch longer trend trades/break outs.

With 5 CFD contracts you can scale out easier then with 1 Future contract. Thats the only advantage I see in CFD trading. Let the last CFD contract run as far as you can.


And I forgot you can hedge with CFDs and thats not possible with Futures, unless you have 2 differnet Future accounts.
It's better to be out wishing to be in... than to be in wishing to be out!
  • #322
  • Edited 1:39am Nov 13, 2018 1:18am | Edited 1:39am
US markets all bearish. Can't see a clear reason except a post Mid term election hangover/Oil price drop.

DOW
Price ready to pop above my Swing MA line
up target 25.850 Y single TPOs to cover
down target 25.200/100 N POC to test and Nov 2 GAP to close

SnP
Price popped above my Swing MA line/rebound. Long trades
up target 2760 zone
down target 2700 zone to test

NQ
Price popped above my Swing MA line/rebound. Long trades
up target 6950 +2.0% zone. Y single TPOs to cover
down target 6750/-1.0% zone and N POC to test
Attached Image (click to enlarge)
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It's better to be out wishing to be in... than to be in wishing to be out!
  • #323
  • Nov 13, 2018 1:28am Nov 13, 2018 1:28am
DAX was some weeks ago already close to the 11K. Could be tested again.

Below the 11K the 10.500 is the next support zone. Had to go back +/- 2.5 Years of data.
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It's better to be out wishing to be in... than to be in wishing to be out!
  • #324
  • Nov 13, 2018 1:36am Nov 13, 2018 1:36am
Quoting Dutchy Daxy
{quote} I don't trade Forex pairs. So no info about that. 1 FDAX Future 1 point = E25,00 P/L (costs +/- E3,00 round turn/in & out) 1 MDAX Future 1 point = E 5,00 P/L (costs +/- E3,00 round turn/in & out) 1 CFD 1 point = E 1,00 P/L (costs +/- E2,00 round turn/in & out) So 5 CFD contracts is +/- same P/L value as 1 MDAX (Mini) Future contract but higher broker costs. CFDs are more expensive, and therefor not so suitable for scalping. CFDs are better for Swing trades. Try to catch longer trend trades/break outs. With 5 CFD contracts you can scale out...
So if i am too open a DAX trade in with 1 lot in my mt4 how much is that pr point....And IS one lot one contract ore am i totally wrong here...I have no clue abaut indices thats why stupid questions
You win some you loose some do both with peace of mind
  • #325
  • Nov 13, 2018 1:40am Nov 13, 2018 1:40am
Quoting magne999
{quote} So if i am too open a DAX trade in with 1 lot in my mt4 how much is that pr point....And IS one lot one contract ore am i totally wrong here...I have no clue abaut indices thats why stupid questions
Depends what you trade. CFD or Future?

It doesn't matter what platform U trade with. The kind of instrument you trade with counts.

1 Lot is 1 contract indeed.
It's better to be out wishing to be in... than to be in wishing to be out!
  • #326
  • Nov 13, 2018 1:43am Nov 13, 2018 1:43am
DOW Long @ 25.475 (Futures)

T1 +12p 2 lot
1 lot to go.

Price needs to cross/break the Y ETH POC @ 25.535

If the price gets above 25.550 (Y RTH POC zone) I probebly will take a Swing Long CFD trade
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It's better to be out wishing to be in... than to be in wishing to be out!
  • #327
  • Nov 13, 2018 1:48am Nov 13, 2018 1:48am
Quoting magne999
{quote} So if i am too open a DAX trade in with 1 lot in my mt4 how much is that pr point....And IS one lot one contract ore am i totally wrong here...I have no clue abaut indices thats why stupid questions
There are no stupid questions. You only need to do some more homework.

I have no clue about Forex currency pairs. But I'm not stupid. (I think )
It's better to be out wishing to be in... than to be in wishing to be out!
  • #328
  • Nov 13, 2018 1:53am Nov 13, 2018 1:53am
NQ Long @ 6876 Futures

T1 +6p 2 lot
2 lot to go

T2 +8.5p
1 lot to go/SL BE

Target and Res level 6900
Attached Image
It's better to be out wishing to be in... than to be in wishing to be out!
  • #329
  • Nov 13, 2018 1:57am Nov 13, 2018 1:57am
I think the DAX will remain bearish in regard to the Italian/Brexit problems
It's better to be out wishing to be in... than to be in wishing to be out!
  • #330
  • Nov 13, 2018 1:58am Nov 13, 2018 1:58am
SnP Long @ 2739

T1 +3.5p 1 lot
1 lot to go/SL BE

Trgt 2745/50
Attached Image
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  • #331
  • Nov 13, 2018 2:04am Nov 13, 2018 2:04am
DAX Long @ 368 Futures

Target 425 Y POC zone/+1.0%
Attached Image
It's better to be out wishing to be in... than to be in wishing to be out!
  • #332
  • Edited 2:44am Nov 13, 2018 2:07am | Edited 2:44am
All 3 US markets @ their Y RTH POC. Need to be broken. Could bounce back from there to go down in order to close their Y GAPs
It's better to be out wishing to be in... than to be in wishing to be out!
  • #333
  • Edited 2:27am Nov 13, 2018 2:08am | Edited 2:27am
DAX Swing CFD Spot Long @ 11.355

T1 +55p 4 lot
2 lot to go/SL BE

T2 +76p 1 lot
1 lot to go/SL trailing up

Target:
Y TPO pocket 11.475<>550/+2.0% zone
No idea if that can be reached Today
It's better to be out wishing to be in... than to be in wishing to be out!
  • #334
  • Edited 2:24am Nov 13, 2018 2:11am | Edited 2:24am
DOW +50p locked in last lot
DOW +60p locked in last lot
FLAT +60p last lot. Blocked by Y RTH POC so far

SnP +5p locked in last lot
FLAT +7.5p last lot. Blocked by Y RTH POC so far


NQ +15p locked in last lot
FLAT +22p last lot. Target @ +1.0% reached


DAX +20p locked in last lot
DAX +30p locked in last lot
DAX +40p locked in last lot
DAX +50p locked in last lot Blocked @ +1.0% zone so far
FLAT +50p last lot
It's better to be out wishing to be in... than to be in wishing to be out!
  • #335
  • Nov 13, 2018 2:42am Nov 13, 2018 2:42am
DAX has now some new single TPOs/pocket to cover down to 370 and still a Y TPO pocket to fill up to 550/+2.0%

Price will go as high as possible to fill the Y TPO pocket (partial) and then down again to fill the Todays pocket.
DAX bearish/below my swing MA lines.

Swing long above 11.550 zone, but that will only happen if the Italian & Brexit problems are suddenly solved
Attached Image
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  • #336
  • Nov 13, 2018 2:53am Nov 13, 2018 2:53am
DAX Scalp short @ 11.408 Futures

T1 14p
1 lot to go

FLAT +21p last lot @ ETH POC
Attached Image
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  • #337
  • Nov 13, 2018 5:29am Nov 13, 2018 5:29am
US markets look ready to pop and restore some of the Y damage.
Prices still above their Swing MA lines, but recovery is fragile.
It's better to be out wishing to be in... than to be in wishing to be out!
  • #338
  • Edited 7:33am Nov 13, 2018 5:35am | Edited 7:33am
Quoting Dutchy Daxy
DAX Swing CFD Spot Long @ 11.355 T1 +55p 4 lot 2 lot to go/SL BE T2 +76p 1 lot 1 lot to go/SL trailing up Target: Y TPO pocket 11.475<>550/+2.0% zone No idea if that can be reached Today
Added more CFD lots @ 11.395 to my initial Long trade (last running lot)

+40p 4 lot exit
2 lot to go

1 lot exit +35p
1 lot to go/SL BE @ 11.355 (initial entry last lot)

FLAT +45p last lot


All markets have Y TPO pockets to fill to the upside, so I try to reach that.
But DAX still bearish on my charts, so tight SL for the extra new lots. Price close to +1.0% now.

Up target 450. Next 550
It's better to be out wishing to be in... than to be in wishing to be out!
  • #339
  • Edited 7:11am Nov 13, 2018 6:21am | Edited 7:11am
NQ Swing CFD Spot Long @ 6875.

T1 +22p 3 lot
4 lot to go. SL BE zone. 6800 could be tested again

FLAT BE last 4 lot
Maybe Swing Long again above 6880/6900 zone

Price made a few zig zags above my Swing MA line. Lets see if the price wants to cross the 6900 Res. level.

Target TPO pocket up to 6975 zone
It's better to be out wishing to be in... than to be in wishing to be out!
  • #340
  • Nov 13, 2018 6:45am Nov 13, 2018 6:45am
DOW had a tripple distribution Yesterday

Price now on the lowest peak and need to break out above that lowest peak in order to fill the Y TPO pocket. (25.525 -0.5% zone)

If it can't break that peak, price could drop to a N POC @ 25.150 zone

Same story for the SnP
Attached Images
It's better to be out wishing to be in... than to be in wishing to be out!
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