DAX30 CFD bears have advantage on their side below 13,200 pointsWith the economic calendar being thin into the start of the week, today we will look at the DAX30 CFD from a technical perspective.
After the drop below 13,000 points in the first half of last week, the German index recovered slightly into the weekly close. However, the bears have the advantage on their side as long as we trade below 13,180/200 points.
Below that level, another attempt to sustainably break below 13,000 points stays on the table, while a drop below the pre-weekly lows around 12,930 points activates the region around 12,800/830 points.
On the other hand: if bulls can recapture 13,180/200 (a move that may be induced by new trade dispute optimism), a move up to and above 13,300 points is an option, erasing most of the losses from last Monday.
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Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFD
DE30EUR: POSSIBILITY OF BEAR MOVE.In the name of Allah, the Most Gracious, the Most Merciful.
DE30EUR Is Forming broadening formation Pattern in 6 Hrs, Also we have Found
Trendline in Daily Time Frame, Chances To move on Trend line as Shown on Chart.
IT IS HIGHLY RECOMMENDED TO FOLLOW RISK MANAGEMENT STRATEGY.
HOW TO TRADE ON OUR SIGNALS.
We Explain above you use that lot size whatever Capital you have.
Let say, for example; you have 4000 Dollars Capital.
We Posted Trade which has 4 Take Profit.
We will use 0.20 Total lot size We will divide it
in 4 Orders.
0.20 lot Divided by 4 Take profit = 0.05 Lot size.
So we will open 4 Trade with 0.05 Lot size for each trade.
Let See How We will do.
1st Trade 0.05 Lot: Stop loss Same >> Take profit will set to First target.
2nd Trade 0.05 Lot: Stop loss Same >> Take profit will set to Second target.
3rd Trade 0.05 Lot: Stop loss Same >> Take profit will set to the Third target.
4th Trade 0.05 Lot: Stop loss Same >> Take profit will set to the fourth target.
Let Say Our First Target Hitted Then you need to Move All Remaining Trade stop loss to Entry.
If Our Second Target Hitted Then You Need to move All Remaining Trade stop loss to First Target.
If our Third Target Hitted then You need to move All Remaining Trade stop loss to Second Target and So On.
Note: This is only for Educational purposes; this is not investment advice.
Thanks
Adil Khan.
USOIL is near the Resistance level!We can open Sell near the Resistance level because:
- the price try to hit that level 58.64 several times;
- there is a Head and Shoulders pattern on H1 chart;
- the risk-reward ratio is 1:3 or more.
Before to trade my ideas make your own analyze.
Write your comments and questions here!
No need to write it in PM.
Thanks for your support!
NATGAS is near the border of the Range Channel!NATGAS is in the Range Channel.
The huge chance that it will rise from the lower border to the next resistances.
Potential profit will be in 3...5 times bigger than risk.
Before to trade my ideas make your own analyze.
Write your comments and questions here!
No need to write it in PM.
Thanks for your support!
Elevated volatility in the DAX30 CFD into the start of the week?While the last week of trading primarily saw subdued volatility in the DAX30 CFD, this will likely change as we start this trading week.
Technically, the German index continues to trade sideways between 13,100 and 13,300 points. Due to its proximity to the 13,300 region, it is generally more likely to get to see a break on the upside, with a first potential target being seen around 13,370 / 13,400 points.
A break higher could be initiated by the upcoming US ISM manufacturing figures, which are due at 3 pm GMT. A better-than-expected dataset could initially dampen recession concerns for the world's largest economy. A lower-than-expected data set could, on the other hand, fuel speculation that a more dovish approach by the Fed at the policy meeting on December 11 would be more likely.
Or to put it another way: the DAX could be off to a win-win in the start of the week.
On the flip side, however, there is also the danger of a renewed escalation in the US-Chinese trade conflict, after US President Trump signed a Legislation Bill on developments in Hong Kong during the night from last Wednesday to Thursday.
The resulting support for Hong Kong and clear US position against China could spark a response from the Chinese that China could for the time being fail the current Phase 1 trade talks and put the DAX under pressure.
This would then put the region around 13,100 into focus and below the area around 13,040 / 050 points at the center of the action.
Ready to start trading the live markets? Then open a free account with Admiral Markets - 8,000+ instruments to choose from, some of the market's tightest typical spreads, and the world's #1 multi-asset trading platform. www.admiralmarkets.com
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
WTI FORMED DOUBLE TOP PATTERN USOil formed double top pattern on very strong supply zone
supply zone of 61.8% fibo @ 58.62
upper line for channel do cross point with supply zone which show more strength for that point
volume profile shows HVN @ 57.00 , so price should be attracted for this level at least
Gold Strategic Overview before new weekMy weekly views on gold are indicated on the presentation.
Even though the buy signal is coming, I think this is the only response buys for now.
The bull market continues on the main channel.
And in 2020, even though I expect higher peaks than 2019, I think that gold prices should fall slightly.
I expect gold prices to fall in the medium term.It is very important to have the position size to withstand this.
The USDJPY parity can give you the clue about when the due date will come.
This is because the correlation between the Japanese yen and gold price movements is very high in the weekly timeframe.
When we look at the gold / silver ratio, we see that the pair continues under the leadership of gold.
Here is a possibility Minor - trend line can be challenged.
Although I personally go over the net short position on a weekly basis, I am of the opinion that short positions will be opened on a daily basis.
Although it is a bit risky now, it is a good idea to follow it carefully and achieve the appropriate risk / reward ratio.
I wish success to all traders in the new week , regards.
GOLD, Short term Buy...The price formed a Support Line on H1-H2charts.
We can look for short term Buy entry in marked zone.
The target will be near the Mirror Level 1480.40.
Before to trade my ideas make your own analyze.
Write your comments and questions here!
No need to write it in PM.
Thanks for your support!
DAX30 CFD range-bound between 13100-13300, with a bullish touchThe DAX30 CFD was range-bound again last week, and since we have a thin economic calendar this Monday, we have to see whether we get to see a serious attack of the DAX30 CFD to break out of its range.
The relevant levels can still be found around 13,100 points on the downside, and 13,300 points on the upside and, and this is where our focus will be.
While the short-term mode can be considered neutral, the longer time-frame picture can be seen bullish with a break out of the range above 13,300 points having an overall higher likelihood in our opinion.
Besides the technical side, the thin economic calendar in addition to market participants keep adding to their overall extended volatility short-position add up tour bullish bias.
Above 13,300 points, the first target can be found around 13,500 points, while in the event of a (surprise) breakout of the trading range on the downside, and a drop below 13,100 points, the next target can be found around 12,970 / 13,000 points.
Ready to take your trading to the next level? Find out how in Admiral Markets’ new webinar series Trading Spotlight, where our trading experts will be discussing risk management, trading psychology, and their top strategies for trading the world’s most popular markets - admiralmarkets.com
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
WTI: Where To Sell???
October was phenomenally good for WTI oil trading.
My last target for the long trade is lying on 60 level.
Those who are looking for a short trade,
focus on 60 - 61 resistance area.
this area was respected multiple times by the market in the past
and, in my view, it is the safest zone to sell.
for now, it looks like bullish tendency will remain and buyers
will keep pushing the market to the resistance line of the rising channel.
the only minor resistance on their way will be 59.0,
we can expect a minor retracement from this level and continuation to the underlined zone.
NATURAL GAS : LONGIn my previous analysis, I said early for trade.
I think it can be tried now.
Because there is a negative appreciation of the pair independent of the general economy.
That's why I said in my previous opinion that the ascension could be very powerful.
Maybe this is the right time.
We should stay in the game, but taking a reasonable risk from our capital.
I think this risk is taken to this gain with small position size.
STOPLOSS : 2.253
TARGET : 3.61
GER 30, Waiting for the false breakout of Historical Level!I will open Sell position if the price will make a false breakout of Historical Level 13204.5.
Potential profit will be in 3...5 times bigger than risk.
Before to trade my ideas make your own analyze.
Write your comments and questions here!
No need to write it in PM.
Thanks for your support!