DaxDestroyer
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LOL Respect to the Legend
LOL Respect to the Legend
Cheers DD, thank you for your input and good company. I do feel all alone here - office is empty. Just running with end of year backups. Very critical given I'm Mr. DR here.
If DAX doesn't make a new high above 8055 I may consider bailing out and taking +50 for the day. That'll do me. Original target was 60.
Looking at Bloomberg and BBC Business site DAX seems to be the only thing up. Wondering if somebody knows something everybody doesn't...
Anyway this was purely a technical trade. Now looking at 10 min charts and if price crosses my MA20 I'll be looking to exit.
I put DEMAs in my chart and whatever I do the 5 does not! cross the 10 in the 60 mins Chart so maybe you are bored enough to give me a hint?
I have tradestation and I use this formula
Inputs:
Price(Close),
Length(10);
Vars:
X1(0),
X2(0),
Dema1(0);
X1= XAverage(Price,Length);
X2= XAverage(XAverage(Price,Length),Length);
DEMA1 = X1 * 2 - X2;
Plot1(Dema1, "DEMA1");
So we found out, that you neither use the Dax CASH nor the Future Chart. Which means, whatever you say, we have to believe you
Anyway, good trade as I love systematic earned profits!
Like the guy in ridingthedax.com
Take care!
I spread bet on two accounts one with Capital Spreads Online Financial SpreadBetting - Spread Betting Commodities, Forex, Indices and another with CMC. I thought I mentioned CapitalSpreads before.
I did basically walk through the morning session on the DAX with you and put up my hourly charts... Not sure I understand your point but what ever it is you certainly don't have to believe anything I say. That's kewl with me...
Problem I now have is the DOW has dropped and so DAX is likely to follow it on Monday. I didn't realise CS closed at 1pm today.
CS can possibly close my remaining position for a loss exceeding my SL.
Easy come easy go I guess. :whistling
We'll see what happs on Monday session if the DAX is open for us to play :clap:
I spread bet on two accounts one with Capital Spreads Online Financial SpreadBetting - Spread Betting Commodities, Forex, Indices and another with CMC. I thought I mentioned CapitalSpreads before.
I did basically walk through the morning session on the DAX with you and put up my hourly charts... Not sure I understand your point but what ever it is you certainly don't have to believe anything I say. That's kewl with me...
Problem I now have is the DOW has dropped and so DAX is likely to follow it on Monday. I didn't realise CS closed at 1pm today.
CS can possibly close my remaining position for a loss exceeding my SL.
Easy come easy go I guess. :whistling
We'll see what happs on Monday session if the DAX is open for us to play :clap:
I hope, you booked your deserved win
Yes thanks DD, remaining position closed by CS for +32 pips 7:01 this morning.
However, I'm puzzled as to why the DOW has fallen couple of hundred ticks while the DAX seems to be possibly bouncing of support around 8000 - 8070 range on my hourly charts.
Will stay flat to see what the market does. No view at the moment on the hourlies. Still uptrend on daily and weeklies. Not sure if it will tank or bounce of support.
Will stay flat and watch.
Good trading to you all.
This morning dax hit 8100 within kissing distance of all time highs when we are in the midst of a serious financial crisis...........
It came to it's senses in the end ......
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Dax / Eurozone decoupling might happen ...... but I wonuldn't bet on it....
China will be a nice ski slope too patience is key...............
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This morning dax hit 8100 within kissing distance of all time highs when we are in the midst of a serious financial crisis...........
It came to it's senses in the end ......
------------------------------------------------------------------------------------------
Dax / Eurozone decoupling might happen ...... but I wonuldn't bet on it....
China will be a nice ski slope too patience is key...............
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You seemingly kiss from the distance
The only question is when, not IF
Hook Shot dude, good to see you back... :clap: I trust you had a fantastic well earnt holidays and rearing to take on 008...
I thought decoupling was what trains did... Or after becoming entwined with thy loved one... :cheesy:
Does this mean DOW will head down along with the dollar and DAX will head up along with the Euro?
I too was wondering about China and India whether they could carry the international growth forward when US & European countries take a pause or a recline? Bit too FA perhaps but looks like DAX may lose the 8000 battle for now.
May be the expenditure of the US candidates for the presidency can revive international growth, who knows...
distance 50 or so points from highs is pretty damn close ...in the circs.... my point was there was no way it should have been loitering any where near.... in my often jaundiced opinion.... it was pretty a low risk set up since 8100ish had been recent rez as you know...
On the when not if comment - i~'m guessing you're speaking about dax to new highs - yep the daily is still solid.... for now...
If you were speaking about decoupling well we shall wait for that one...
On the markets going down ...... clearly I agree...
On using no fundamental input in your "trading" - I understand that view ...... perhaps it depends on ones timeframe.... What did Buffet say ? ".... short term market is a voting machine but longer term it's weighing machine".
I remember the hedgies who got murdered and had to close down in early 2000 because they thought the dot com bubble would burst and prices collapse... :cheesy: