Short DAX at 7740
- Thread starter ASusilovic
- Start date
1. I mainly use MACD histogram divergence;
2. I don't use volume nor DOM analyses, though do not consider them irrelevant, to me histogram shows enough info which is broken down for simpler analyses, I tried DOM analyses in the past and realised that my brain's bandwidth has a serious lag
3. I try not to hold overnight positions.
2. I don't use volume nor DOM analyses, though do not consider them irrelevant, to me histogram shows enough info which is broken down for simpler analyses, I tried DOM analyses in the past and realised that my brain's bandwidth has a serious lag
3. I try not to hold overnight positions.
Quote from JSSPMK:
1. I mainly use MACD histogram divergence;
2. I don't use volume nor DOM analyses, though do not consider them irrelevant, to me histogram shows enough info which is broken down for simpler analyses, I tried DOM analyses in the past and realised that my brain's bandwidth has a serious lag
3. I try not to hold overnight positions.
I was just curious. In am in my beginning study of Wyckoff price volume I find that look at the DAX is really nice for divergences, as you already know. You will get some perfect double tops with major MACD and volume divergences. Oh if I was in Europe.
Overnight meaning for me, I can't trade in the middle of the night.
Quote from dandxg:
I was just curious. In am in my beginning study of Wyckoff price volume I find that look at the DAX is really nice for divergences, as you already know. You will get some perfect double tops with major MACD and volume divergences. Oh if I was in Europe.
Overnight meaning for me, I can't trade in the middle of the night.
What do you normally (day)trade?
Oh agreed, I have watched it live a little bit ( that's how I figured out I couldn't pull graveyard trading shifts ) and you win or lose quick. That's the reason I leave myself the option to trade the ER2, the DAX on qualudes. My American ex pat friend trades the DAX in Ukraine, and he likes it very much.
It's funny you use the histogram, while I was taught to use the fast without histogram, both work well though.
Looking at weekly DAX's histo shows a definite bounce/reversal pattern whereas DJIA is the opposite, it's still within a bearish divergence.
On daily charts I view both as more bearish according to histogram, DAX is right on TL though.
Short near pivot
+1.5 reverse long off 1 min
-3
Still looking OK for possible Long, 1 min diverging, so is 2 min, watching possible start of bounce
Long near Lo
On daily charts I view both as more bearish according to histogram, DAX is right on TL though.
Short near pivot
+1.5 reverse long off 1 min
-3
Still looking OK for possible Long, 1 min diverging, so is 2 min, watching possible start of bounce
Long near Lo