DAX and DOW thread

10pips

1
528 17
I closed her too early this morning. I had a minor short at 12070 and closed at 11970 and it fell to 11860s.

I may sell at any retracements and see out the monthly close of candle.

Key supply zone/gap area is 12070.
 

10pips

1
528 17
Sharp bounce on DAX from 11860.
Expecting short 12070 and drop back there tomorrow.

Potential DOW short at 21920 to 21950 targetting 300pips drop
 

10pips

1
528 17
Last trade didn't play out well but now that DOW at double top record highs. I like it to stall here and then see if we can catch some pips to the downside before Xmas rally kicks in around end of November.

DOW @ 22180s
DAX @ 12540s
 

10pips

1
528 17
Both indices are trading near all time highs and we have 3 months remaining of the year and the yearly candle is likely to end on a bullish candle.

DOW @ 22400
DAX @ 12850

I am expecting it to drop few hundred points as it is playing range trading of 200-300pips before a final xmas leg up.
 

10pips

1
528 17
Hopefully you haven't taken any shorts on these indices as i attempted with tight SLs but didn't work out.

DAX 12980s
DOW 22780s

Another leg up during NFP. Shorts are being short-squeezed.

75% of IG clients are short.
 

10pips

1
528 17
Hopefully you haven't taken any shorts on these indices as i attempted with tight SLs but didn't work out.

DAX 12980s
DOW 22780s

Another leg up during NFP. Shorts are being short-squeezed.

75% of IG clients are short.
DAX 13050
DOW 23140s

They are rising high like BITCOIN. Who would have thought, going long would make loads of money?
 

10pips

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528 17
DOW Fib levels
High 22180 (August 2017)
Low 20365 (April 2016)

1.618 Level is at 23300. Should expect some stalling around here and trade some sort of long range until next year.

Next up level is 25100 = 1800pips away.
 

10pips

1
528 17
DOW Fib levels
High 22180 (August 2017)
Low 20365 (April 2016)

1.618 Level is at 23300. Should expect some stalling around here and trade some sort of long range until next year.

Next up level is 25100 = 1800pips away.
Looks like sellers have come in slightly from 23480s and dropped to 23250s.

I'll be taking some sorts from 23480s with tight SLs.
 

HeinzzTrader

Newbie
1 0
Dax Trader

Hi trades,
I would like to share here my analysis and trades. I hope it helps me to be more disciplined. I am trading solely Dax. How I trade in a nutshell? I am using a ZigZag indicator to find impulsive moves, impulsive move is a move which happens just in 27% of time. I have done excessive studies on this subject. I have found that on 1MIN TF are impulsive moves from 25+ points. As soon as impulsive move forms I am waiting for a correction to enter in a direction of the continuation move. The continuation happens in about 70 % of the time. As soon as the correction gets below the mid of the move, I am out, because just 19 % of these impulsive moves gets the continuation.

I have attached screen with three possible entries from yesterday. I did not trade them, because I wasn’t at the computer.



HT