FTSE, DAX, DOW Trading Ideas and discussions

Dentist what timeframe you use for scalping and what is the average points you target in any single trade On DAX trade?
 
Dentist what timeframe you use for scalping and what is the average points you target in any single trade On DAX trade?
dax..premarket and first hour...tick and one minute
as it slows then 1 minute
average points...varies...a decent trend and even the tick chart lines up nicely
all i am looking for is breakouts and trends
got levels and trends before the open
the big difference is that p/f are not time based charts
 
Morning guys,

Was reflecting over last night - and given the busy day and high impact news plan to do less than more. Hope to have a go at BB breakout with OCO orders.

Expecting moves, but don't want to be whipped. Usually means I'm itching to get whipped. :LOL:


Opinion is still biased towards these numbers and view.


DOW - Currently have a limit sell order @ 18360 waiting fill. May review this.

DAX - Consider longs above 11800s - expecting 12000s to be tested/breached.

WTI - Consider shorts in 61-62 region - watch

Will reflect on Cable and Euro - setting up OCO between 15m BBands


That's my plan anyhow, we'll see how it pans out.
Hope to err on side of caution and less is more.


(y)
 
DAX and Cable look reasonable for a BB break-out...
 

Attachments

  • DAX_BB_R.GIF
    DAX_BB_R.GIF
    10.7 KB · Views: 106
  • GBPUSD_BB_R.GIF
    GBPUSD_BB_R.GIF
    12.1 KB · Views: 91
Breakout down or up?

OCO limit orders are set one above BB and one below.

No view held other than pre-market view and approach below.

It's all news and data dependent. Basically, prior to big news / data release market just simply trends sideways within a narrow Bollinger Band which tightens.

Once data or news is released you'll see price move. It can go up and down very quickly if announcement is not clear. This can lead to a very quick loss.

Other times if it's an unexpected surprise it will go in a straight line and may change trend and continue for some time. This can lead to a good run and profits.


However, once again this BB breakout is to place two orders with stops, fire and forget setups.
 
Morning guys,

Was reflecting over last night - and given the busy day and high impact news plan to do less than more. Hope to have a go at BB breakout with OCO orders.

Expecting moves, but don't want to be whipped. Usually means I'm itching to get whipped. :LOL:


Opinion is still biased towards these numbers and view.


DOW - Currently have a limit sell order @ 18360 waiting fill. May review this.

DAX - Consider longs above 11800s - expecting 12000s to be tested/breached.

WTI - Consider shorts in 61-62 region - watch

Will reflect on Cable and Euro - setting up OCO between 15m BBands


That's my plan anyhow, we'll see how it pans out.
Hope to err on side of caution and less is more.


(y)

Nice plan....:cheesy:
 
dax..premarket and first hour...tick and one minute
as it slows then 1 minute
average points...varies...a decent trend and even the tick chart lines up nicely
all i am looking for is breakouts and trends
got levels and trends before the open
the big difference is that p/f are not time based charts

Thanks dentist :)
 
one of my strategy is ... to log into IG account and see what PIA first is tipping... and take the opposite side... most of the time it works .... :LOL::LOL::LOL:
 
Top