Swing Trades DAX/DOW/NQ/GOLD

DAX @ -1.0% now @ 13.035

Counter long scalp @ 048
T1 +11p 2 lot
2 runners/SL BE zone
T2 +15p 1 lot
1 runner SL BE

+20p locked in
FLAT +30/31p last lot

Market is waiting for news.

One wrong Tweet of Trump or China could let the markets break down as it did end of last year.

DOW on the edge to break down, so be cautious..........

DAX already Bearish

1. Both chambers of U.S. Congress passed a bill supporting Hong Kong pro-democracy protesters on Wednesday, placing President Donald Trump in a potential quandary as he tries to strike a trade deal with China.
2. Reuters also reported Wednesday, citing trade experts and sources close to the Trump administration, that completion of a partial deal could be delayed until 2020

DAX 13.100/-0.5% from Y close = Res level now

Next up trgt
-0.25%/13.135
Y close 13.160 zone

DAX Todays Dev ETH POC @ 13.095. Price just above it now.


DOW price also crossed Todays ETH POC.
Trgt maybe Y ETH POC @ 27.815

DAX Long @ 13.101 Counter light scalp trade

Tight SL

FLAT -1p/-2p 2 lot. Nothing to trade now.

Price just crossing the Kinjun line and maybe heading for the cloud zone. Still looks weak

DAX is waiting to see if the DOW will hold the 27.650/W POC level or not

Back in an Hr or so

DAX closed my last 2CDF shorts from 13.220

DAX still try to lift a little.

DOW little up ticking. Trgt Y ETH POC 815. HIT and stalling there

DAX L again 106

T1 +17/18p @ -0.25% and Y ETH POC
1 runner/SL BE

FLAT +30p last lot @ -0.25%

Waiting @ -0.25%/Y ETH POC for the next US move. Trgt Y close 150/160 zone

US/DOW is leading now

Long @ 27.789
1 runner left
FLAT +25p last lot @ -0.50% from Fridays close.

Trgt 27.850/+0.25% zone (middle of the cloud)

Price @ -0.50% from Fridays close. Waiting there for new buyers

Taking quick profits on counter trades is no shame!

I kiss the sky for every profit I can take, counter or not.....no-one made gifts in this job.
I'm sure you agree with me!

Sure do!

DOW Dev Wk POC noved down to 27.785 from a higher level 28K zone

At 27.850/880 I will start a Swing Long again if the price gets there.

Price tries to get back inside the cloud. Inside scalping only.
Above the yellow Kijun long scalps.

Price below 27.750 Swing short. First trgt 27.650/W POC level and -0.5%

No DAX trades anymore Today it looks. Going nowhere.

DOW is dancing on its ETH POC/27.750. No power to lift and no sellers yet to make it drop

DOW short 730
T1 +10/11p
1 runner/SL BE
FLAT +15p last lot

700 is a road block

Trgt 650 zone W POC and -0.5%

DOW @ -1.0% from Fridays close @ 700 zone

DOW Long 27.745. Looks like a little Bear Flag.
T1 +12p
T2 +46p
1 runner left/SL BE. Overnight

Trgt 820 & 860

Trump weighs new trade investigation to justify tariffs on EU
https://www.forexfactory.com/news/96...ustify-tariffs

Trump administration officials are considering whether to start a new trade investigation against the European Union as the window closes for hitting Brussels with automobile tariffs, according to multiple people briefed on the issue. Such a move would mean that European auto imports wouldn't be subject to duties out of national security concerns, but the trading bloc would be subject to a much broader inquir

Comment by Ross Edwards: (which I fully agree)
https://www.forexfactory.com/news/96...s#post12628325

Off for a long and nice Holiday Weekend. Back Monday late.

Good luck with trading and stay green!