Great session for technical analysis on DAX today!Hello guys,
today I am posting a bit late because I wasn't at my computer most of the day, but I was able to catch few good trades after all. The session on EUREX:FDAX1! was very good for technical analysis trading and the market offered several perfect opportunities. Did you catch some too? I hope so ;-)
Check the video and let me know at the comments what trades did you take today.
John
FINEIGHT Team
D-DAX
Are we going to short the market today?Hello traders,
yesterday we got some volatile movements on EUREX:FDAX1! which brought us great opportunities. Today we have got a pretty strong sell signal on M5 chart so I am entering a short position.
Check the video and let me know what is your strategy for today.
Have a great weekend, guys and see you on Monday!
John
FINEIGHT Team
Morning sell off on DAX - are we going lower?Hello guys,
after yesterday slow session EUREX:FDAX1! opens with a rally today and we are looking for an opportunity to sell. The price is now retracing which gave me a short signal, so check the video and let me know what are your expectations for today.
Have a nice day!
John
FINEIGHT Team
DAX analysis for 22.4.2020Hello guys,
so yesterday's short on EUREX:FDAX1! was quite successful and the price stoped at the bottom of the trading range. Today we are opening within yesterday's range and we are waiting for some new information to move the price. More in the video!
Be patient, guys, wait for the best opportunities and good luck!
John
FINEIGHT Team
DAX analysis for 20.4.2020Hello everyone!
New week is here and so another trading opportunities on EUREX:FDAX1! . On Friday the price was quite lazy and today we open within the Friday session so patience is very important today.
Wait for the market to show you the direction and don't rush into it.
Have a nice day!
John
FINEIGHT Team
DAX analysis for 17.4.2020Hello traders!
Yesterday we were expecting a short term sell off on EUREX:FDAX1! and eventually we got it.
Today we are opening with more than 300 points gap which tells us that the buyers are back in the market and we may start to look for some long opportunities.
Have a nice day and enjoy your weekend, guys!
John
FINEIGHT Team
DAX analysis for 16.4.2020Hello DAX traders!
The buyers were not strong enough yesterday and the support at 10 500 EUR did not stop the sellers. What can we expect today on EUREX:FDAX1! ? Will there be another sell off? Check the video for some new ideas!
I wish you good trading, guys.
John
FINEIGHT Team
Chart analysis - drawing support and resistance levelsHello traders!
Today I have got a video for you describing my way to analyze the chart and draw support and resistance levels. I have taken a look at EUREX:FDAX1! and went from the higher timeframe to the lower ones. The idea is to find the strong levels on higher timeframe and then adjust them on the lower ones according to the latest market activity.
I hope you enjoy this video and let me know at the comments what is your way to analyze the chart.
Take care.
FINEIGHT Team
#DAX Full Trading Analysis (Predictable Fibonacci Confluences)Traders, In this analysis I show how market moves in harmonics and how things line up nicely if we just learn to use fibonacci properly. DAX has several opportunities coming in coming weeks and months. Support and motivate me by hitting the like button, subscribing to my channel and sharing this analysis with other traders.
Comment below and let me know what you think of this analysis and what is yours? I welcome all comments, feedback, ideas and sharing of knowledge.
Have a great trading week!
DAX BUY: Solid buy setup for the New York sessionIm lon on the dax and you can see all the reasons right in this video
New York Watchlist: Buying EURZD & Selling the DAXOk so the NEw York session is in full swing and I took EURNZD buy for this one... have a small profit already. Below are the details of the trade!
ENTRY 1.68910
TP 1.69465 with a chance of rising it to 1.69725.
SL 1.68560
Here we have a contraction leading to a support level, the support levels were tested x3 times in the last 24 hours or so and we are now breakout out of the trendline resistance.
The RR is not excellent, just 1.5 at the first TP which is the 100% of the pattern while if we get signs to target 120% then the RR becomes 2.25 which makes sense... either or the move can happen throughout the day.
While recording this I saw that the DAX completed its contraction which might be the right shoulder of a head and shoulders pattern!
Enjoy!
London Watchlist: A high probability of a breakout on the DAX!Hey hey traders and wannabe traders!
The London trading session is in full force and the markets are already moving! In the video we explain plenty of info about the Coronavirus and the current developments but don't go into the probabilities much, we did that with our community already! This video is all about our trading tactic/analysis on the DAX!
Right now the DAX is showing more excellent signs that a bearish move is probably on the cards in the upcoming 8 hours or so... we remain short here and really believe with strong conviction that the bears will be able to take control with as we have technicals, fundamentals and sentimentals supporting a weaker DAX!
On the technical side, the charts explain it all, on the fundamental the German GDP data was bad and the EC (European Commission) downgraded the outlook for the European economy and on the sentimental... well, the Coronavirus!
All in all this looks like a pretty decent short positon but like anything in the markets, it's not 100% so make sure you have your exit area!
Since the US markets are closed we will not do a New York watchlist later today... so see you tomorrow again for the London open, if we do find any interesting trades to take we will release them if we find the time to do so!
Give us a follow and we'll make sure to keep you educated with specific info and solid trade setups!
StockMarket Update : Prices keep raising but risks are as well !Hope this idea will inspire some of you !
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
That's the best way to support me and help pushing this content to other users.
Kindly,
Phil