Swing Trades DAX/DOW/NQ/GOLD

DOW keeps bouncing @ +1.0%. Maybe an other pop to +1.5%

DOW Long again @ 835 (2 lot) above +1.5%
Trgt 900>950/+1.5%
T1 +20p 1 lot
1 running/SL BE

DAX Long @ 536
T1 +15p
2 running
1 exit +11p
1 lot running/SL BE

(as posted before) DAX still has a TPO pocket/Gap from last Wednesday to fill up to 650 zone.


DAX turned Bullish this morning


DOW turned Bullish/Rebounded Yesterday
Heading for 26K.
Could make a H&S pattern there is any bad news comes in

If crossed next trgt 26.300 zone, this Week POC (maybe next Week)

DOW @ 900 zone now

I hope for a pop to 950/+1.5% for my last lot

+50p locked in last lot
FLAT +50p last lot

Price stalls @ last Weekly POC & VWAP @ 840>890 zone

DAX stalling @ 550 zone
Didn't reach the +1.5%/585 (yet) but came very close

FLAT +21p last lot

Done for this Week

Were a few memorable Weeks

Greenland to Trump: ‘We’re open for business, not for sale’



Only megalomaniac people do this kind of proposals.

Have a nice weekend.. DD..... Great trading..... Today wasn't as great as the other day's.... But still..... Got caught in the chop a few times.... But heho... But finished without a scratch... Catch you next week.... Enjoy the days off.... Well deserved!

Jij ook goed weekend!

Americans are more in debt than ever — experts say ‘money disorders’ may be to blame.

The average American has $38,000 in debt — a quarter of which comes directly from credit card charges. In December 2018, consumer debt overall hit a record high $4 trillion..

Add the US goverment debt to that.....

https://www.usdebtclock.org/

Both DAX & DOW have last Weekly POC as target

DAX is filling a TPO pocket of last Week Wednesday now.
https://www.forexfactory.com/showthr...0#post12446550

Still long 2 DAX CFD lots from 11.490
1 lot closed @ 700/+210p
1 left rolling
https://www.forexfactory.com/showthr...9#post12446439

Still Long DOW 2 CFD's from 25.750 after the cross of my 2nd (slowest) Swing MA line
1 lot closed @ 26.150/+400p
1 lot rolling
https://www.forexfactory.com/showthr...7#post12445517

DAX up targts:
660/+1.0%
720/+1.5%

DAX down target
Friday RTH high @ 570



DOW up targts
26.150/+1.0%
26.290/300/+1.5% and last Weekly POC

DOW down target
Friday RTH high @ 25.900 zone (Daily GAP)

DAX arrived @ +1.5% Short @ 695
2 Weeks back W POC level hit.
T1 +11p
T2 +22p
1 running
+15p locked in last lot
Stalling @ +1.0% now
FLAT +28p last lot
Daily GAP to close down to 580 zone Friday RTH high


Dow arrived @ +1.0% Big RTH GAP down to Y high
DOW needs to go up +0.5% higher to reach last W POC

DAX is happy with goverment/Central Bank support.
"Germany can deposit €50 billion to boost economy."
DAX made its point with this rally started @ 450/500 zone last Week Friday.

Now see what the US will do later.
Push up higher to +1.5% or drop first to close the Friday RTH GAP down to 575/+0.25%. (maybe partial close)


White House pushes back against recession fears, defends trade war

1. “I don’t think we’re having a recession,” Trump told reporters. “We’re doing tremendously well. Our consumers are rich. I gave a tremendous tax cut and they’re loaded up with money.”
2. The bond market flashed a signal Wednesday that is normally interpreted as a sign a recession is on the horizon. The yield on the 10-year Treasury note briefly broke below the rate for the 2-year.
3. The Dow Jones Industrial Average dropped 800 points or about 3% as the bond market spooked investors.

Looks the DAX has no intention to drop below +1.0% (yet)

I try a DAX long @ 665 (2 lot)
See if it wants to test/cross the +1.5%/700>710 maybe
T1 +11p 1 lot
1 running/SL BE
+10p locked in last lot
FLAT +10p last lot

Its always difficult to jump in a riding train again.

DOW keeps hanging @ +1.0% so far

DOW short @ 109
+1.0% bounce it looks. Double counter trade

T1 +11p
2 running/SL BE
1 lot closed +6p (to chicken)
1 running
Trgt 26.050/+0.50% zone and deeper to Friday RTH high

DAX short below +1.0% @ 648
T1 +11p
2 running
Trgt 11.600/+0.50% and Dy GAP close
T2 +19p 1 lot
1 running

+20p locked in last lot
+25p locked in last lot
FLAT +25p last lot

The more the price approaches the 600, the more support/buyers come in

DOW is a little stuck around the 100 zone
+10p locked in last lot
FLAT +10p last lot

DOW keeps crawling up to the +1.5%/last Weekly POC @ 26.275/300. Needs 0.5% only/125p

I will close my last CFD long if the price gets there
(300p locked in now)

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Swing trades I prefer to take/start when the price has crossed:
A Ichi cloud
B Red/Green slow Swing T3 MA line
C The lagging grey Chikou line has broken out of the cloud
D Magenta slowest X-Swing T3 MA line

Renko bars recolor when they break out the Ichi cloud as a first signal/heads up. (also a scalp signal)
(inside the cloud the bars are grey/neutral)

I often take/start a Swing trade when the price has crossed:
A Ichi cloud (first confirmation)
B Red/Green slow Swing MA line (second confirmation)
C The lagging grey Chikou line has to be above the cloud (as third confirmation)
and add some more lots when the price crossed the slowest X-Swing MA line (D) as well. (fourth confirmation)

All the alerts at the bottom of the chart show/signal the crossing of a MA line and Ichi cloud.

DOW Swing trades on RENKO 50 & RENKO 100 only
DOW Scalp trades on RENKO 30

In a Swing trade I use the bottom of the Ichi cloud as SL in general.

I placed a short cut link to this post on my (revised) first page of this tread ( https://www.forexfactory.com/showthread.php?t=819560 ), so that I don't have to answer the same questions all the time..