The Diary Of Not Even Semi-Serious DAX30 DayTader

[DAX30DayTrader]

Was waiting and holding off this morning to see if the 8695/705 support band was holding or not - really just looking for clues on the price action.

We had 3 sorry looking candles print on the 15 minute chart while the RSI was oversold, also a little RSI bullish divergence was showing, so went long 8701.

I'm not hold a big target for this, so will be out soon enough.

 

[DAX30DayTrader]

Closed out for £250 profit.

Slow action this morning, don't want to get to involved just now as its still looking a little iffy.

Today's total: £250

Weeks total: £3,095

 

[DAX30DayTrader]

Changing the title of this thread to 'The Diary Of A Wimpy Kid' bailed to early on that long. Hey-Ho :whistling

 

[Greenlight]

Changing the title of this thread to 'The Diary Of A Wimpy Kid' bailed to early on that long. Hey-Ho :whistling

Your weeks total is far from "Wimpy"

Great thread and insight - thanks for sharing.

 

[DAX30DayTrader]

Your weeks total is far from "Wimpy"

Great thread and insight - thanks for sharing.

Cheers.

 

[DAX30DayTrader]

Not sure what to make of the DAX today after yesterdays rally. Could be a consolidation day, but its looking less likely that Europe will be doing much and it will be left to the Americans.

Keeping my eyes open for any possible 10-20 pointers that come along though.

Maybe even a 50 pointer if we take out 8695/705.

 

[Dinos]

Brilliant journal Julian, most impressive trading and analysis, I agree with Greenlight, its far from wimpy, you could maybe change the title to "Whipping the Dax", you've certainly covered your Fish and Chip money, excellent, well done.

 

[DAX30DayTrader]

Brilliant journal Julian, most impressive trading and analysis, I agree with Greenlight, its far from wimpy, you could maybe change the title to "Whipping the Dax", you've certainly covered your Fish and Chip money, excellent, well done.

May even have some mushy peas as well

 

[be-positive]

Brilliant journal Julian,???

have you a secret rob :cheesy:

 

[DAX30DayTrader]

My bias is starting to turn negative on the DAX, its just not looking to bright up here just now, 8645/55 support band is below, followed by 8600/10 band.

You would also have to think that after yesterdays rally and no sight of profit taking,that traders will be looking to bank some ahead of weekend. I mean, would they have the stones to hold over the weekend with the U.S saga?

Hmmm decisions decisions....

 

[DAX30DayTrader]

Brilliant journal Julian,???

have you a secret rob :cheesy:

Just noticed that... I thought maybe 'Julian' was the character from the film Diary Of A Wimpy Kid, but just checked and its not.

 

[be-positive]

well done dax ---- the words out just look at interest in thread , the next thing there will be some mini skirts breaking down the mansion door

 

[DAX30DayTrader]

well done dax ---- the words out just look at interest in thread , the next thing there will be some mini skirts breaking down the mansion door

As long as there is some females in those skirts.

 

[Purple Brain]

I mean, would they have the stones to hold over the weekend with the U.S saga?

So you do, sort of, take fundamentals and news into account?

 

[DAX30DayTrader]

So you do, sort of, take fundamentals and news into account?

I'm not bothered about the news/fundamentals as you end up chasing your tail trying to figure it all out just to be wrong. I'm only trying to think of what the players would be thinking of doing and trying to tie that into my analysis to make a decision.

They will be thinking of the news, I will be thinking about what they are thinking, so I can think of a possible trade that I think I can make money from, but I think thats a hard thing to do is trying to think what someone else is thinking...dont you think?

I think I could be wrong.

What you think?

Word of the day...Think!

 

[Dinos]

Sorry Nick, didn't like the name Julian anyway , (no offence to any Julians Reading the thread

 

[ffsear]

I've cleaned up some of the squabbling posts on here. Great thread, lets keep it clean.

 

[neil]

Long above 8720 ?


Short below 8710?

 

[DAX30DayTrader]

Long above 8720 ?


Short below 8710?

I would be a little worried about playing those breakouts that way as they could easily be manipulated. The 2 levels above/below stand out like a sore thumb, so it would be all to easy to trigger and reverse those.

I would wait for a break then pullback to possibly the 'opening price' and then make my decision.

Could be wrong though, could break and tank or rally, in that case I would miss out.

 

[DAX30DayTrader]

I've cleaned up some of the squabbling posts on here. Great thread, lets keep it clean.

Cheers