Trading Dax CFD

[cvds16]

short 13208 engulfer with divergence around level.

 

[cvds16]

out -20, I misread that divergence, almost a good one but not quite.

 

[maxinger]

short 13208 engulfer with divergence around level.
View attachment 243851

Today, DAX has decided not to move

 

[cvds16]

afternoon trades s&p500: short 3574.75 ib at level / reversed 3564.75 with what I like to call a jump bar / exit at level 3578.40

 

[CALLumbus]

This is one of my three live accounts at Tickmill. You weren't actually thinking I was going to post my real one where I trade ?

Of course man, sorry, I do it the same. I have one small (~1 EUR) account for Forex, and a large one (~23 EUR) for de CFDs. Oh, and the third one is for bye and hold.

 

[cvds16]

For the record I never claimed I was trading big instead I claimed the opposite: that I was trading small but you seem to be obsessed about that fact. Nothing else usefull to do ?

 

[CALLumbus]

For the record I never claimed I was trading big instead I claimed the opposite: that I was trading small but you seem to be obsessed about that fact. Nothing else usefull to do ?

Never claimed to trade big ? You have been a floortrader in Amsterdam, later you were the head market maker in USD/BEF. Then you traded options for several years, and made 1000 USD a day on average.
Where did all your money go that you now have to trade CFDs with 70 cents in your account ? Are you just like me and spend lots of money for black jack and hookers ?

 

[Pkay]

Well for the Dax I focus on the 5M, for s&p500 I mostly pay attention to the 15M. I use ema9/20/50/100/150/200 to guide but more importantly I look at sto(12,3,3) + I look at levels to get me out (which is not always a hard black and white thing as you could see this morning)

I'm a moving averages fan. Do you mind expanding on how you use this set of moving averages to enter trades? Thanks.

 

[cvds16]

I mostly watch ema50 and ema20 and look for an engulfer off that with the direction of the main trend.

 

[Pkay]

I mostly watch ema50 and ema20 and look for an engulfer off that with the direction of the main trend.

Wow, that is exactly what I look for. An engulfing candle that reclaims the 20 EMA or SMA in the direction of the trend! If it's moving on big volume even better.