I haven't posted for a while as I've been working on some really interesting projects, particularly for traders coming up in the new year.
The DAX is an instrument I like trading and presents itself with unique opportunities on a frequent basis. At this time of year I like to reflect on what the instrument has done so that I can depict the long term movements and focus this on my trading on the lower time frames.
Here a nice channel has formed and looking at the yearly pivot, I'm anticipating what they call a Santa Rally before the new year arises and I'm expecting the upper channel to be hit before a retracement to next years pivot.
The DAX is an instrument I like trading and presents itself with unique opportunities on a frequent basis. At this time of year I like to reflect on what the instrument has done so that I can depict the long term movements and focus this on my trading on the lower time frames.
Here a nice channel has formed and looking at the yearly pivot, I'm anticipating what they call a Santa Rally before the new year arises and I'm expecting the upper channel to be hit before a retracement to next years pivot.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.