FDAX Trades: expecting a trend to start between 3.00 and 4.00 am,10.03 am, 11.30 and after 1.30 pm
after 2.45 am open: quick down move, up move, double top then short
after 2.45 am open: quick down move, up move, double top then short
- 3.00 am long
- 3.30 am short
- 4.00 am long
- 4.09 am short
- 4.35 am long
- 5.02 am short
- 6.12 am long
- 6.45 am long
- 7.05 am short
- 8.00 am long
- 8.12 am short
- 8:31 am long
- 9.35 am short
- 9.43 am long
- 10.02 am short
- 10.10 am long
- 10.55 am long
- 11.15 am short
- 11.35 am long
- 12.15 am long
- 1.30 pm long
- 2.40 pm long
- 3.30 pm long
- 3 am long
- 3.13 am short
- 4.00 am long
- 4.50 am long
- 6.20 am short
- 7.45 am long
- 9.10 am short
- 9.44 am long
- 10.10 am long
- 11.07 am short
- 11.42 am long
- 1 pm long
- 1.45 pm short
- 2.15 pm long
- 2.45 pm short
Profit 5 Points Automatic Reversal System ES
Profit 40 Points MTP Manual DP System FDAX
Profit 100 Points MTP Manual DP System CL
Profit 40 Points MTP Manual DP System FDAX
Profit 100 Points MTP Manual DP System CL
Hm.. you're looking to buy DAX? I may be wrong, but at this point it rather looks short to me. A slightly lower open AND 50 ema is below 200 ema would kind of confirm.
ReplyDeleteIt is on a up trending line right now, so 6194/6191.50 is the level to watch. If that fails, then more down side may occur.
the dax usually does at 2.45 what it did 11.00 am on the previous day, so just a small up move
ReplyDeleteNow that makes more sense. At first you wrote something like ''up move, sideways, up-trend''. :-)
ReplyDeleteSince Dax didn't went to test the 6194/6191.50 level, I'm looking to see if there's a shorting possibility at 6227 and/or if Dax hits the 200 ema.
Cheers mate!
200 ema on 3 minute charts i guess, but right now it looks like we break below 6200 so i will go with the short trend
ReplyDeleteBoy was I lucky or what. I went short earlier at 6204 and that up-move was 2 points away from my stop, but then it turned around. I was already ready for a small loss. :-)))
ReplyDeleteAs I said earlier, the 6191.50 level somewhat significant, so let's see if it can stay below it.
good entry, i only got filled at 6199
ReplyDeleteon the s&p i have as down side target 1172 but how far the dax will go down
i have no clue, so using a trendline
trailing stop
Nice dude! We're a lethal combination here. :-)))
ReplyDeleteI am not sure about how low the Dax can go either. I have a few support levels on my chart, so if any one of those fails, I'm out (better safe then sorry), or again... if a danger signal occurs.
If a selloff comes, then I'm out at latest @ 6116. Don't see it go any lower than that.
6110 that would be a 100 points move down, 6170 is also a good level (40 points move = 1000 EUR)
ReplyDeleteYup... but I won't expect a 100 point move unless there will be a panic selloff. Remember - ATR used to be above 100 points for Dax on normal days not very few months ago. So during the selloff we might see it now too.
ReplyDeleteJust got a minor buy signal from 6170.50. Let's see how the market acts. If it shows signs that the downtrend will continue, then it might just go up a bit and form a channel.
Let's see.
Took my profits at 6158. More downside may come, but better safe than sorry. Can always re-enter at higher levels if I see more down moves.
ReplyDeletewell done, i also took my 40 points and focus now on trading crude oil.
ReplyDeletelet me know when you see another shorting opportunity maybe at 8.30-9.00 am or 10-11 am or after 1 pm
Will do. I've noticed that quite often there's a small selloff between 7-9am. Will see if there is one today also.
ReplyDeleteFor now it looks like we might be going up in a slow pace. Can't really predict price levels yet, because it depends on how quickly we move up. So it could turn out to be a tight down channel (high of 6170), a bit wider (high of ~6178) or the widest (high of 6191).
Will take a 45 min walk on the beach, so I'll be following the markets via iPhone.
Good luck!
I noticed on the dax move up volume was not increasing, so more shorting or sideways is likely.
ReplyDeletecrude oil is more dynamic it usually retraces more, thats why I focus my attention at countertrend trades more on this market
True, but I'm standing by at this point. Not sure which way the Dax will swing it. I will look for confirmation that the down move will continue. Maybe it will happen around 6191.50, maybe earlier.
ReplyDeleteyou have to agree crude oil and gold is far more easier to trade than the dax, much more trends and good breakouts
ReplyDeleteCould be - I haven't traded crude oil and gold for some time now. I'm trading DAX exclusively (even though I also do a few S&P trades once in a while).
ReplyDeleteI used to have a good strategy for oil, but haven't followed it that close for over 10 months now. Maybe I should....
just letting you know that a trendline break strategy and the timing method (same as last weekday) works great on those markets
ReplyDeleteGreat! :-)
ReplyDeletePaying close attention to Dax behavior. It just might happen that there is no downside for today. Let's see how this hour closes and how the price acts. Maybe there's a long at 6148.00
at what time do you stop trading the dax? i am asking because on thursdays usually the big move only happens after 11.30
ReplyDeleteYou know I stop trading whenever I am too tired or just feel like it's enough for the day. Went long again yesterday at 6148, but closed at 6191.50. A bit too early, but still. Had a very nice day and I'm happy. :-)
ReplyDelete