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cat replied May 22, 2019Looks at this morning's pa for a start. If you want to engage in idiotic tittle tattle, can you go some place else please.
Trade the Dow/Dax
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cat replied May 22, 2019Looking to what the price may do at/after the London open on Dax, it is currently beneath its 10m 200ema which is at 142 on my charts, so it has to get above that if they push it back up. Above that, we have the fibs, so 50% at 152, 61.8% @ 159, and ...
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cat replied May 22, 2019Morning! Potential support on Dax anywhere from here - 30m 200ema @ 12,133 down to 120 immediately. If this holds, then I'll be putting the fibs on from the Asian high to this low to get some retrace level as I'm not expecting the Asian high to be ...
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cat replied May 20, 2019Morning! On Dax this morning. Firstly, daily pivots are: R2 - 12,376 R1 - 12,291 CP - 12,220 S1 - 12,135 S2 - 12,064 Currently falling, and this is my directional bias looking at the charts, at least for this morning. There is plenty of support ...
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cat replied May 16, 2019Dow R2 ( 960 ) and H2 200ema also a big potential R level.
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cat replied May 16, 2019R2 on Dax @ 300 should, and I stress should, be a big resistance level if the price gets there, with the 76.4% from the May high right on top of it.
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cat replied May 16, 2019Nice little dip...as I said, the big money will have paid attention to this level. Now will it hold? The Dow is currently coming off its H1 200ema which I have @ 790.
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cat replied May 16, 2019I'm sure most of you have seen this, but we have hit the 61.8% fib from the 3rd May high. which sits at exactly 12,208. ps...I tell a lie, the 61.8% is at 212, not 208, but close enough. This is not to say that the price will fall from here, for ...
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cat replied May 16, 2019The 76.4% fib taken from the high on the 12th of May held the price yesterday, even though that spike broke it briefly. This fib is at 12,118 on Dax. Above this , it's clear to rise up to 140 and beyond to today's R1 @ 198, though I also have some ...
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cat replied May 16, 2019Dax stuck in this tight range atm between the 61.8 above and today's CP. No idea which way it'll break, if and when it does.
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cat replied May 16, 2019That 61.8 sure held well didn't it @ 080. Support here anywhere from today's CP @ 028, which could be a strong level, down to the support levels I gave above. 12,000 also looks like a potential strong support level. ( 30m 200sma )
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cat replied May 16, 2019Morning. Either the 61.8% fib or the 76.4 at 080 & 100 respectively may act as resistance on Dax if the price moves up on the London open. I don't have higher resistance levels than that for now, as it needs to break above the H1 200sma @ 12,100 ...
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cat replied May 15, 2019Joking aside though, Trump's tweets have become an occupational hazard for us traders, and he seems to get off on the impact he knows they have on the market. You just have to hope you're not caught on the wrong side of one, because not even a stop ...
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cat replied May 15, 2019Holy Moly, forget what I said about seeing the highs for the day, that was until Trump came along
Oh, and I was long the Dax as well, but had already closed it. Sod's law!
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cat replied May 15, 2019CP broken, but it may still hold, though another leg down looking likely. How low? Anyone's guess, but the next level anyway for me is the 61.8% fib @ 905 if it breaks lower now. We've seen the highs for today though, I'm pretty certain of that.
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cat replied May 15, 201915m 200ema has a strong confluence of potential support at around 980. Right now Dax has stopped at the 10m 100sma, so might get a bit of a pullback off of this, but I would expect lower levels than this....
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cat replied May 15, 2019Morning! Potential resistance levels on Dax this morning are first of all the 61.8% plotted from the 10th May high @ 12,060 just below today's R1 pivot, and higher the 76.4% @119, which is on top of the H1 200sma on my charts. The H1 200ema is @ ...
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