FTSE, DAX, DOW Trading Ideas and discussions

What do I do sir???

:innocent::innocent::innocent:
 

Attachments

  • DAX_DOW_22_MAYV1.jpg
    DAX_DOW_22_MAYV1.jpg
    215.5 KB · Views: 152
Long on Cable @ 1.55158, SL @ 1.54930

Expecting a bounce off 1.5500. Taken off 1 min charts.
 
tanked after..lol

It was a OCO BB setup. However, came out prematurely. Wished I'd let it run.

Feel a little off today and I'm glad staying out. Opportunities looks so glaringly obvious.


Hope to be better prepared in future.
 
What do I do sir???

:innocent::innocent::innocent:

fwiw JT,

I made a note in my book when first suggesting these two - last Tuesday 19th.

Long DAX @ 11858 at the time - now it's 11835 = - 23
Short DOW @ 18316 at the time - now it's 18263 = +53

Doesn't include overnight charges but there is a positive outcome.


I do take these kinds of correlated moves when they go out of kilter.

However, need more time to plan prepare and execute. As I have more time will put them into checks and execute as and when opportunities arise.
 
fwiw JT,

I made a note in my book when first suggesting these two - last Tuesday 19th.

Long DAX @ 11858 at the time - now it's 11835 = - 23
Short DOW @ 18316 at the time - now it's 18263 = +53

Doesn't include overnight charges but there is a positive outcome.


I do take these kinds of correlated moves when they go out of kilter.

However, need more time to plan prepare and execute. As I have more time will put them into checks and execute as and when opportunities arise.

True.. was a brilliant call Atilla....(y)
 
Sun is moving other part of the world slowly and soon will be ready to say bye...bye...

I hope I will be back to serious trading in June... too much work... job plus working on a start-up in parallel....plus trading dahhhh....

Many people starting to go home now..... Have a nice weekend and enjoys... this was really great week with some new friends.....

 
Last edited:
Are you still long on this one?

Nope stopped out for -17 :(


Should add: for future reference the BB breakout worked well today but it's not always the case. With the benefit of hind-sight, placing OCO with a bigger TSL would have been ideal and if it was allowed to run.

Have to put it down to work in progress.

BB breakouts work great at market tops or bottom turns, if one can catch them.

Will try them again for sure.

If you see the first two diags I've put up for DAX and GBP/USD it shows the intention or plan. Sadly didn't get executed well.
 
Last edited:
The story of the last few days on Dax
Definitively London open has a good volume
Price level at US close gives some idea as well as divergence on M30 chart.
Happy weekend to all,
2be
 

Attachments

  • DAX.PNG
    DAX.PNG
    141.3 KB · Views: 90
I'm thinking likewise on DAX.

DOW and SPX coming off the boil but DAX 11850 is amazing.

It's been great on this thread guys, thank you look forward to better things to come.


Lessons learnt re: Plan.

DAX
Should have waited for DAX to pull back and test 11800 before taking
long. 11750-800s are good support levels for future ref.

DOW
No change limit order waiting fill at 18360. May have missed the top but will not chase market. 18250 showing resistance to any falls. Plenty of money and bulls out there I guess.

WTI
Did take some shorts and made some pips here. 61-62 got rejected because of a indeces coming off highs, oil glut talk and perhaps a turn down in manufacturing being pencilled in with slow down in China and else where.


Cable & EURUSD
Took a tumble after US CPI numbers. With the benefit of hindsight I think this was where the easy money was but failed to capitalise.


Have fun and enjoy all that you doooo.... :)
 
into the open

2k3gcg.gif

chart starts to get bearish if a 3 box vertical count/downwards gets activated...not happened yet
 
Top