You mean you actually let her!!??

Dax - Daily analysis and Discussion

Thanks guys! There are in fact so many psychological flaws in us all that it's difficult to list them or choose the most important. Somehow seeing every challenge as an adversary is one of them, which for traders usually translates to attempting to ...

Dax - Daily analysis and Discussion

It was just a general ? darko, not to you personally, but thanks for the reply. I'm not bothering to follow up on my initial post, as I sometimes feel like a talking to a brick wall on this thread...little interest it seems, and I only veer post for ...

Dax - Daily analysis and Discussion

Big potential resistance level just hit on the Dow. This afternoon will either see it hold or break.

Dax - Daily analysis and Discussion

I will share one thing with you though, and I've written about it before, so I'll be brief. There is a major psychological flaw that seems to exist is all of us which is the number one reason why we all lose until we've worked out what it is. I ...

Dax - Daily analysis and Discussion

15/20/30 doesn't make all that difference really, and I only use sub one minute to nail the entry anyway. I've said before, that for people new to trading who want to get as much experience actually putting on trades as they can, the smallest time ...

Dax - Daily analysis and Discussion

Not so much the Dow as having a pretty good idea of where the most likely S&R levels are, on any market. Crucial knowledge to have, because one's trading can be based around it.

Dax - Daily analysis and Discussion

Big potential support zone now for the Dow, anywhere from here down to 400 or so. Beyond that, and stock markets are in big trouble.

Dax - Daily analysis and Discussion

I've tried all time frames down to 3 seconds, and after much trial and error, I now don't go below 20 seconds for my entries, which, combined with the 1m tf as the next one up, works best for me. You need around a 30 pip SL though on Dow, even on ...

Dax - Daily analysis and Discussion

That's why I talk about Dow on this Dax thread, because during the NY session, never trust Dax unless you know what Dow is doing. Dow is threatening to break down, but it's in the zone where it can kick up as well. It's not a place you want to be ...

Dax - Daily analysis and Discussion

Both Dax and Dow teetering on the edge here. Id Dow can break south of its 76.4% at 704 it could fall hard, taking Dax with it. In the balance right now. Both looking bearish, but Dow can rally out of nowhere as we know.

Dax - Daily analysis and Discussion

video

Music for Cheering Up Forex Traders!

Dax 15m 100sma has come over the top of the price, which is bearish. However, 10m 200ema is beneath the price in support, and we can see the price holding it atm. It can fall, but it can also kick up, so a difficult day to read today. Dow is ...

Back to the Future – My Freewheeling Journal

previous high broken, but for diversion it needs to go higher, I dunno, 825-840 or so.

Dax - Daily analysis and Discussion

Time for some light relief - the British Tory party ' I've shit myself ' pose. Go on Boris baby, spread them legs!

Dax - Daily analysis and Discussion

If Dax breaks higher than 782, watch out for diversion, as I have a possible MACD diversion set up on my 10m tf.

Dax - Daily analysis and Discussion

Which is where non-traders/losing traders looking for an excuse fail to understand the nature of trading. Speculation is the art of weighing up various alternatives to assess the most likely outcome, whilst trading is the end to the equation once ...

Dax - Daily analysis and Discussion

Well, if ten years spent studying and trading the markets doesn't give me a high vantage point, I don't know what does.

Dax - Daily analysis and Discussion

No, I never do, not before big data releases, but once the data is out, and I see an opportunity, I'll enter. Even though I'm strictly a day trader, I'm also a merket analyst, so out of interest as much as anything else, I'm always looking ahead. ...

Dax - Daily analysis and Discussion

It's hard to tell, but that doesn't mean you shouldn't be vigilant. After the last rate hike in March, the Dow plummeted 1,500 pips. However, what I will say is that before the March hike, the Dow was technically set to fall. Now, it is the ...

Dax - Daily analysis and Discussion