Close to Christmas and the last quarter of the year. The last quarter is usually the best quarter of the year. We are at Year lows and elections are coming up so a Santa rally is quite possible from here. A lot of bad news out here in Taiwan though ...

Carpe diem: Intraday tactics for Dax and Dow

Time to call it quits for the day. Last bounce was good. Wish I held that short position I had at 9670

Carpe diem: Intraday tactics for Dax and Dow

Nice to have a few monitors to see things. I am between my laptop,iPad and smartphone.

Carpe diem: Intraday tactics for Dax and Dow

Half way there.. 9631 now

Carpe diem: Intraday tactics for Dax and Dow

I am waiting for that pop now to short. Maybe 9640 to short

Carpe diem: Intraday tactics for Dax and Dow

This is one tough MTF to trade.. First few trades turned out ok so far.

Carpe diem: Intraday tactics for Dax and Dow

From what I know is that VW and Porsche work together. Porsches are high performing sports cars which most Likely emit more pollution. I could see something unfolding with Porsche followed by Mercedes and BMW.

Carpe diem: Intraday tactics for Dax and Dow

These zig zags are ver very difficult to call out these days. Market is literally like a YoYo these days.

Carpe diem: Intraday tactics for Dax and Dow

They tend to zig zag these days taking out stop losses before moving in their predicted direction. With no stop loss it could actually be quite bad as well. Not easy to beat these rigged computers these days. My Chinese friend told me last week, " ...

Carpe diem: Intraday tactics for Dax and Dow

Time to switch electronic gadgets off and get some sleep. They say blue rays before bedtime is bad for your eyes and create migraine headaches.

Carpe diem: Intraday tactics for Dax and Dow

Not an easy day today but at least so far has been good.

Carpe diem: Intraday tactics for Dax and Dow

When one has diarrhea it doesn't stop until one's intestines are emptied out. QE though is in place. Just a matter of time before they intervene though since QE funds in Germany are available. I reckon they will not use them until the bottom of this ...

Carpe diem: Intraday tactics for Dax and Dow

back at 120 with Japan on Holiday. Looks like the American's have the backs of the Japanese while they are on Holiday

USD/JPY Discussion

Was just reading that a bunch of other countries now are looking into VW Emissions as well. If they issue similar fines as they are planning on issuing in America then VW will be bankrupt.

Carpe diem: Intraday tactics for Dax and Dow

You think we bottomed yet?

EURUSD

9680 with some major unloading taking place today.

Carpe diem: Intraday tactics for Dax and Dow

Not too good today for Bulls but a great day for the bears.

Carpe diem: Intraday tactics for Dax and Dow

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Carpe diem: Intraday tactics for Dax and Dow

This German DAX is very persistent in its direction. South and it keeps heading south. North and it keeps heading North. Looks like from the opening today it was a South day. I looked for a bounce too early on today.

Carpe diem: Intraday tactics for Dax and Dow

My stop loss did no go through today on this trade. Lost $5300 on this drop before I was able to close position. US futures tanked and the DAX tanked right with it. I should have shorted instead then I would have been up $6K

Carpe diem: Intraday tactics for Dax and Dow