Delta will be fine no? Think he had his stops set. This is excellent, the further it drops the more we will make on the way up. Volume is at the same level as the 2018/19 crash. Let’s hope we go even further and slip into a bear market!!!

Carpe diem: Intraday tactics for Dax and Dow

Mmm delicious risk to reward awaits

Carpe diem: Intraday tactics for Dax and Dow

Adv/decline and stocks ticking up before the open Tbh - I want a drop so big that they have to turn the circuit breakers on. Closed my trades for small profits.

Carpe diem: Intraday tactics for Dax and Dow

The adv/declining volume and Vix was in the same range as the 2018 crash. The only difference this time is that CBs are far more willing to step in, I have a feeling the Chinese intervened again last night. You can’t gauge the depths of fear..

Carpe diem: Intraday tactics for Dax and Dow

Long 28035

Carpe diem: Intraday tactics for Dax and Dow

Also trading daily only now given volatility so I’ll post less. My main gripe is with my broker, don’t mind stops getting hit - part of trading. But not executing that huge short order. Cunts.

Carpe diem: Intraday tactics for Dax and Dow

Broker didn’t take my short order. Several stops got hit. Incredibly frustrated. Taking a few weeks out and moving to a new broker.

Carpe diem: Intraday tactics for Dax and Dow

Too many variables to gauge on how low. Hopefully the CBs step in shortly. Bearish volume is 50% less than the Sep/Oct crash and significantly less than the early Feb retracement. Obviously that could all change in a heartbeat but I am hoping it ...

Carpe diem: Intraday tactics for Dax and Dow

Weekend Dow is now 153 points down and seems to be going lower. Yikes...

Carpe diem: Intraday tactics for Dax and Dow

I’ve placed a limit order short at the 29k close as the weekend Dow is down 140 points. While I don’t think a big correction of 10%+ will happen, I do think there’s further downside. I will buy when there’s some bullish candle breakouts on the daily.

Carpe diem: Intraday tactics for Dax and Dow

On balance vol summer crashes vs. today. Marker isn’t in the correct place - vol remained in the minus of millions and below its zero line for a while, whereas now it’s +4m and significantly above. From a TA standpoint, it actually doesn’t look too ...

Carpe diem: Intraday tactics for Dax and Dow

Adv/Dec volume was almost double during the last retracement too. Will these things matter if fear really takes hold? Not so sure. But it’s good to review.

Carpe diem: Intraday tactics for Dax and Dow

This highlights the difference in the Tick index low during the retracement in early Feb. Stocks ticked much, much lower than now. The natural caveat being: what tomorrow’s news may bring, who knows.

Carpe diem: Intraday tactics for Dax and Dow

I am trying to gauge how deep this dip will be. Previously it was fear gripping the market, now fear has heightened given corona has breached Italy, and FANG companies are issuing earnings warnings. For this reason, I do wonder if we are facing a ...

Carpe diem: Intraday tactics for Dax and Dow

Will be interesting to get a detailed view from you D1. I wonder if price is going back to that 28.2k region...

Carpe diem: Intraday tactics for Dax and Dow

Nasdaq closed above its 20 day. S&P just about below. Dow well below.

Carpe diem: Intraday tactics for Dax and Dow

Short limit order placed below 29k. Weekend Dow is down 0.50%, deaths in Italy, bad PMIs. G20 meeting discussed stimulus to prop up markets again, so perhaps we will see some of that action in the coming weeks. Nasdaq looks like its technically set ...

Carpe diem: Intraday tactics for Dax and Dow

Doesn’t look like there will be a recoil. Hm. I do wonder if there’s no CB intervention here whether that PMI data will lead to some serious bearishness. Come on China - dig deep again please!

Carpe diem: Intraday tactics for Dax and Dow

Stocks starting to tick up but wonder whether the blood bath comes near the close. Come on ... lift yourself.

Carpe diem: Intraday tactics for Dax and Dow

Hmm had a massive bounce off the greenback though, not sure if we can use that as a gauge considering (I usually look at currencies too). Adv/declining volume is moderately negative as is downticks in stocks. I was expecting a harsher open...

Carpe diem: Intraday tactics for Dax and Dow