DAX and DOW thread

This is a discussion on DAX and DOW thread within the Indices forums, part of the Markets category; Hi traders, I thought id get a little thread going for this specific instrument. Hopefully I can share calls using ...

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Old Jul 25, 2016, 4:04pm   #1
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DAX and DOW thread

Hi traders,

I thought id get a little thread going for this specific instrument.

Hopefully I can share calls using no indicators other than supply and demand zones with 'trend' in mind.

Previously missed
Long from 9920 (last week) and
Long from 10120 today (25/07/2016).

I will sit on the sideline for now and wait for 10120
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Old Jul 27, 2016, 1:05pm   #2
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10pips started this thread "Previously missed
Long from 9920 (last week) and
Long from 10120 today (25/07/2016)."


First target met for these trades @ 10340. Profit: 420pips risked 50pips.

FTSE100 returned back to BREXIT levels followed by DOW and now DAX - DAX yet to revisit its all time high like DOW - Is there enough in the tank? or we plummet based on fundamental?

Will look at next trade soon - Potentially another long from 10340 with targets 10485 but will be next week maybe.
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Old Jul 28, 2016, 10:05am   #3
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10pips started this thread Peaked 10387 this morning so far but second target @ 10485 for this current momentum.

No shorter around if you look at weekly/monthly candle and last 2 days of trading left for July too.

Keep buying the DIP supports zones IMO
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Old Aug 2, 2016, 4:41pm   #4
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10pips started this thread Peaked 10387 this morning so far but second target @ 10485 for this current momentum.

New week....DAX almost hit second target 10485....peaking at 10473 before dumping and now currently trading 10140....that is a wooping 330+ drop. I had a sell order from 10485 so I missed the ship - Second sell order @ 10344...peaking at 10338 this morning - Missed that one too!

On sideline for now not forgetting it is the NPF week.
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Old Aug 5, 2016, 9:55am   #5
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10pips started this thread Was stopped out by 2pips - Was long 10110. Stoploss 10994, lowest 10992...now trading 10250+

Target for this trade was monthly open @ 10400+

10980 to 10110 is a support zone on weekly timeframe - Buy the dip IMO but keep the stop losses tight....its all about risk reward in this game....risk reward with immense patience if you only trade a single market.
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Old Aug 8, 2016, 12:53pm   #6
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10pips started this thread If DAX finds support @ 10485 zone on 4hourly+ timeframes.....be warned that it will rally like a real storm by another 400-700pips.

May have to observe this one closely today/tomorrow and see if I can get on the train early.
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Old Aug 8, 2016, 12:58pm   #7
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Quote:
Originally Posted by 10pips View Post
Was stopped out by 2pips - Was long 10110. Stoploss 10994, lowest 10992...now trading 10250+

Target for this trade was monthly open @ 10400+

10980 to 10110 is a support zone on weekly timeframe - Buy the dip IMO but keep the stop losses tight....its all about risk reward in this game....risk reward with immense patience if you only trade a single market.
If I didn't get stopped out....would have been 340pips+ with risk of 20pips - Instead I selfishly used 16pip stop loss!
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Old Aug 9, 2016, 11:28am   #8
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10pips started this thread Taken a short trade with lower than usual stake size....Entry 10484 and stop loss 25pips+

Targeting 10340s
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Old Aug 9, 2016, 12:04pm   #9
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Quote:
Originally Posted by 10pips View Post
Taken a short trade with lower than usual stake size....Entry 10484 and stop loss 25pips+

Targeting 10340s
-25pips.
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Old Aug 9, 2016, 6:16pm   #10
 
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today my profit. $313.
https://youtu.be/HSgoI6oIxpc
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Old Aug 15, 2016, 4:47pm   #11
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Quote:
Originally Posted by 10pips View Post
If DAX finds support @ 10485 zone on 4hourly+ timeframes.....be warned that it will rally like a real storm by another 400-700pips.

May have to observe this one closely today/tomorrow and see if I can get on the train early.
DAX Trading 10730+ and todays highest was 10805....That's almost 320pips+ on the long side.

All these indices are making higher highs lately....
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Old Aug 24, 2016, 11:38am   #12
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10pips started this thread Key levels I am waiting for is

10340 on the upside and 10870 on the downside.

Highest it went was 10800 and this week, it spiked around 10385 and now trading in mid-range 10600s
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Old Aug 30, 2016, 3:48pm   #13
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10pips started this thread Am favouring DAX to fall 10340s during NFP so we can all go long and target 10870s.......

Why? Monthly candles are bullish and fresh new candle will potentially start on a bull run too....

Still dwelling the fact of missing going long from 9920 (Post number 1)
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Old Sep 12, 2016, 10:14am   #14
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10pips started this thread Motions have changed after that steep drop on Friday......Will look at shorts starting from 10475...35pip stop loss....targets will be 10110s

It didn't rise to 10875....highest 10803......currently trading at 10350s
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Old Sep 13, 2016, 4:49pm   #15
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Motions have changed after that steep drop on Friday......Will look at shorts starting from 10475...35pip stop loss....targets will be 10110s

It didn't rise to 10875....highest 10803......currently trading at 10350s
-25pips loss yesterday.

Quite aggressive retracement yesterday.
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