Thanks. You show me the posts where you're telling us to buy buy and your reasoning for it, if you can't do that, at least tell me your reasoning for saying it now to buy buy.

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Since like 78?

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Simple. That fib combined with a 50 level. Too often it retraces off round numbers and 50's.

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Oh boy missed my TP by a tick while I was asleep... Anyway closing now for +30 I think after Sydney and Asia opening we'll see further downside targeted while 72 should cap it for now.

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Do you read ALL THE NEWS? I must be new to that trdaing.

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Long TL obviously those levels are fluid but a good bounce there. Betting on second retest now 1.0620 one to watch, upside seems limited.

AUDNZD

Had an old screenshot initially

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I can't understand when people try to scalp a huge falling candle for 10-20 pip retrace with a big position, I mean I did those mistakes in my early years and blew one or two accounts like that. Sure sometimes it works out if you can manage your ...

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Also check out the months-long TL and duck for cover once it's broken.

AUDNZD

It was a pretty optimistic target.

Carpe diem: Intraday tactics for Dax and Dow

We'll see if 1.0700 holds after this opening, I've also got 1.0750 in sight with the 200h EMA right there too. This hour will tell.

AUDNZD

Absolutely, once you're in that one wrong trade the margin will not last regardless of the size of the account.

Trade Like Institutions and Banks Do

There's this nice 50h EMA gonna take half here and see if it goes further. Idealy I'd expect 1.08 targeted and then back towards parity.

AUDNZD

Might never get there. I use buy stops with stocks but not with currency pairs.

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Cheers, I saw your signature disappear though. What happened?

Carpe diem: Intraday tactics for Dax and Dow

Yeah danke I wasn't following this thread because I wasn't treading indices much before so I missed it. That makes sense tho cheers.

Carpe diem: Intraday tactics for Dax and Dow

There was no indicator, Frankfurt fake meant that when European markets open, prices would be pushed against a trend in a less liquid market because Asia is off and London hasn't opened yet. We would fade the move collect the profits at what would ...

Carpe diem: Intraday tactics for Dax and Dow

If I for example longed 20 lots of DAX when you did, I'd have a margin call around 9850 in an account it took me years to build, so everything is relative, as your Landsman proved. I wouldn't even consider 1 in this environment and I don't think ...

Carpe diem: Intraday tactics for Dax and Dow

We've seen 7176 tho, do you reckon that was it or are we gonna drop lower tonight?

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Heavily loaded good for scalping bigger positions in between too.

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