Dailyanalysis
Daily analysis & day trading setups - DAX DAX40 DE30EUR 20220830Happy Tuesday,
Unless DAX regains 13k and breaks above 13 100, it can still go either way. Bears do want to break yesterday's low and create LL.
Line in the sand is 12 850
Macro EU Business Climate, Consumer Confidence, HICP, US Housing Price Index, Consumer Confidence, Fed's Williams Speech
Buy
Break: 12 940, 990, 13 060, 085
Reversal: 12 890, 825, 735, 700, 675
Sell
Break: 12 905, 850, 795, 750, 700
Reversal: 13 010, 095, 130, 215
I regularly publish my daily analysis & trading plan for day trading setups. The links are here:
NASDAQ
DAX
SPX
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
Daily analysis & day trading setups - NASDAQ NAS100USD 20220830Happy Tuesday,
NASDAQ has cleared 100 DMA as well as 10 WMA this morning. Line in the sand is 12 550. Bulls have a long way to go >>> 12 700, 800, 950, 13 050 before they can gain control. Bears need to 12 375 followed by 12 280 to regain/retain control
Macro EU HICP, US Housing Price Index, Consumer Confidence, Fed's Williams Speech
Buy
Break: 12 675, 755, 815, 945
Reversal: 12 585, 500, 420, 325
Sell
Break: 12 595, 515, 435, 385, 350
Reversal: 12 700, 775, 830, 970
I regularly publish my daily analysis & trading plan for day trading setups. The links are here:
NASDAQ
DAX
SPX
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
Daily analysis & day trading setups - DAX DAX40 DE30EUR 20220829Happy New Week, Happy Monday,
DAX has broken 13K and got itself in some trouble here. 12675 & 11895 are two very important levels to watch. Bulls need to bring it back above 13440 & 14085 to get back the control.
Overnight drop in Dax has shown continuous selling pressure which is not good for bulls, going into another vital week with month end falling right in the middle of the week.
Macro ECB Lane Speech, US Fed's Brainard Speech
Buy
Break: 12 860, 970, 13 052
Reversal: 12 735, 655, 580, 525, 440
Sell
Break: 12 750, 665, 590
Reversal: 12 885, 990, 13 070, 175, 225, 270
I regularly publish my daily analysis & trading plan for day trading setups. The links are here:
NASDAQ
DAX
SPX
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
GBPUSD 30/08/2022Price could push to 1.1794 if breaks out of 1.1758 as part of deeper pullback in respect to the downtrendline and then continue to go down. but if even breaks out of 1.1794 then it would be a breakout of the downtrend and shift to an uptrend.
And if price makes a breakout of the recent support at 1.1684 then price could push further down by breaking below the previous low at 1.1650 to create new lower low. so you look for sells when that happens.
CAD/CHF: Possible opportunity to longCanadian Dollar/Swiss Franc it's one of my analysis that I check out and I was in short, but I loss this trade in the first as I analyzed with my iphone and my iphone I suppose that I can't to analyze it than using a computer or laptop, a better way to see full the chart.
Ok, now, so, I believe that Canadian Dollar look strengthen in the trend, what we could to hope that CAD down a little like 40 pips and find bought in the smart zone like $0.7406 CHF, And this bullish movement could to up to $0.7500 CHF. i calculate that this will be an opportunity of 97 pips approx. to find up bought
This it's the H1 and I identify a bullish divergence in the RSI, what in this part I was liquidated. But now, I understand that bullish divergence mean change of trend. Now, we expect this opportunity to long
Meanwhile, in Daily timeframe it's look that made this break-out of this bearish channel, what bulls are interested to buy.
I hope that this analysis support you.
i wil keep update when CAD/CHF raise at least $0.7406 CHF, i suggested to put an alarm at this price when hit down.
Daily analysis & day trading setups - SPX500 SPX S&P500 20220829Happy New Week, Happy Monday,
4023 is the line in the sand. SPX is stuck between 100DMA @ 4056 & 50DMA @ 4000
Break of either will clear the direction
Macro ECB Lane Speech, US Fed's Brainard Speech
Buy
Break: 4 041, 056, 065, 095
Reversal: 4 000, 3 982, 955, 935
Sell
Break: 4 000, 3 985, 956, 936
Reversal: 4 042, 055, 076, 095, 110, 125
I regularly publish my daily analysis & trading plan for day trading setups. The links are here:
NASDAQ
DAX
SPX
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
Daily analysis & day trading setups - NASDAQ NAS100USD 20220829Happy New Week, Happy Monday,
BE CAREFUL. NASDAQ is now stacking up >>> DMA200 > DMA10 > DMA100 > DMA50 > Price Action
Line in the sand today is 12590 but headwinds are strong. If DMA50+100 holds, there is chance of immediate recovery. Otherwise, break of 12380 will open up 12 280, 11990 and even 11695.
Macro Macro ECB Lane Speech, US Fed's Brainard Speech
Buy
Break: 12 475, 545, 583, 670, 795
Reversal: 12 380, 282, 205, 120
Sell
Break: 12 400, 300, 215,
Reversal: 12 547, 605, 700, 815, 900, 13055
I regularly publish my daily analysis & trading plan for day trading setups. The links are here:
NASDAQ
DAX
SPX
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
Daily analysis & day trading setups - DAX DAX30 DE30EUR 20220825Happy Friday,
Are you ready to rock & roll!!!???
Today may turn out to be when either bulls or bears finally find their way. The tug of war may end today with JP's speech at JH Symposium at 3 pm London time.
DAX30 is hanging on to dear life at 13300. Bulls need to move above 13360 creating HL/HH. If DAX40 moves there, watch out for strong reaction at 13440. On the downside, 50 DMA are of 215 to 230 is still in play.
Macro US Core PCE, PI/PS, Power Speech, Michigan Cons. Sent. Index
Buy
Break: 13 340, 370, 445, 520
Reversal: 295, 260, 210, 180, 110
Sell
Break: 13 295, 250, 215, 160
Reversal: 13 375, 425, 465, 515, 550, 620
I regularly publish my daily analysis & trading plan for day trading setups. The links are here:
NASDAQ
DAX
SPX
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
Daily analysis & day trading setups - NASDAQ NAS100USD 20220825Happy Thursday, Happy GDP Day,
NASDAQ has created a nice double bottom + HS pattern with a breakout this morning from 12990
There are still a couple of levels to clear at 13075 and 13110 before bulls aim for 13230 again. Bears want to bring it below 13k to start with
Macro EU ECB MPM Accounts, US GDP, Jobless Claims, Jackson Hole
Buy
Break: 13 050, 085, 125, 160, 230
Reversal: 13 030, 13k, 12 930, 885
Sell
Break: 13 035, 12 980, 950, 895, 840
Reversal: 13 100, 180, 230, 320
I regularly publish my daily analysis & trading plan for day trading setups. The links are here:
NASDAQ
DAX
SPX
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
Daily analysis & day trading setups - DAX DE30EUR 20220825 Happy Thursday, Happy GDP Day,
As I am publishing this, DAX has already pumped higher based on DE GDP positive data. May be, the doomsayers are afterall losing their story.
DAX is now aiming to takeout 13440 and go for 100 DMA at 13638. This may bring us firmly into bull territory.
Our line in the sand today is 13230
Macro EU DE Business Climate, ECB MPM Accounts, US GDP, Jobless Claims, Jackson Hole
Buy
Break: 13 330, 390, 415, 440
Reversal: 13 295, 265, 230, 180
Sell
Break: 13 300, 285, 240, 180
Reversal: 13 390, 440, 475
I regularly publish my daily analysis & trading plan for day trading setups. The links are here:
NASDAQ
DAX
SPX
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
Daily analysis & day trading setups on DAX DE30EUR 20220824Happy Midweek, Happy Wednesday,
DAX is at a precarious level. Bulls need to regain above 13275 & 13360. Bears are pushing to break 13050 & 12955.
Line in the sand today is 13175.
Macro EU DE 10y Bond Auction, US Durable Goods Order, Nondefense Capital Goods Orders, Pending Home Sales
Buy
Break: 13 160, 210, 265
Reversal: 13 085, 010, 12 985, 920, 870, 830
Sell
Break: 13 100, 015, 12 925, 875
Reversal: 13 165, 220, 275, 345, 365
I regularly publish my daily analysis & trading plan for day trading setups. The links are here:
NASDAQ
DAX
SPX
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
Daily analysis & day trading setups - SPX500 SPX S&P500 20220823Happy Tuesday, Happy PMI Day,
If you fib 10 DMA & 100 DMA, SPX is standing right in the middle. This is the moment of making up the mind.
Bulls want to push it above 4175-200 and bears want to continue below 4135-100
Macro EU ECB Panetta Speech, Consumer Confidence, US PMI, Home Sales
Buy
Break: 4 145, 155, 170
Reversal: 4 140, 122, 100, 085, 070
Sell
Break: 4 145, 125, 110, 090
Reversal: 4 160, 172, 182, 208, 230
I regularly publish my daily analysis & trading plan for day trading setups. The links are here:
NASDAQ
DAX
SPX
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
Daily analysis & day trading setups on DAX DE30EUR 20220823Happy Tuesday,
DAX has converted 50 DMA into resistance and that is our line in the sand today at 13 235. Bulls still have hope till 12440. Below that, bears are firmly in control aiming for 11440
Macro DE PMI, EU PMI, ECB Panetta Speech, Consumer Confidence, GB PMI, US PMI, Home Sales
Buy
Break: 13 190, 255, 360
Reversal: 13 130, 080, 12 975, 910
Sell
Break: 13 135, 095, 12 990
Reversal: 13 270, 375, 450
I regularly publish my daily analysis & trading plan for day trading setups. The links are here:
NASDAQ
DAX
SPX
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
Daily analysis & day trading setups on NASDAQ NAS100USD 20220822Happy Monday, Happy New Week,
NASDAQ has weakened after breaking 13120. 13k level has psychological importance but important level is 12 875. Further break below 12800 will spell trouble. I am still going to trade Fibonacci Confluence levels.
Macro : US Chicago Fed National Activity Index
Buy
Break: 13 110, 200, 300
Reversal: 13 940, 830
Sell
Break: 13 050, 12 970, 855
Reversal: 13 125, 220, 340, 400
I regularly publish my daily analysis & trading plan for day trading setups. The links are here:
NASDAQ
DAX
SPX
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
GOLD: HIGH POSSIBILITY OF GOING DOWN (FIBONACCI+H&S PATTERN)There is a high probability for a short position on gold based on:
1) Price action: Fibonacci retracement and price action indicate a rejection from the area between 0.23/0.382 fib levels. These levels also happen to be major support/resistance levels on the daily chart.
2) Head and shoulders pattern forming on the 4H chart as an additional confirmation
Keep in mind the possibility of a buy position if price breaks the previous resistance.
Set your stop losses according to your risk management strategy.
Leave your opinions in the comment, I will make sure to reply to them!!
Daily analysis & day trading setups on DAX DE30EUR 20220819Happy Friday, Happy Janmashtami,
After Wednesday's big move, yesterday was an inside bar. So 13600 becomes line in the sand.
Bears want to regain control <13600 & bulls want to go back >13740
Macro No news is good news ?!
Buy
Break: 13 660, 780, 815
Reversal: 13 580, 530, 450, 370
Sell
Break: 13 585, 535, 460
Reversal: 13 670, 745, 820, 870
I regularly publish my daily analysis & trading plan for day trading setups. The links are here:
NASDAQ
DAX
SPX
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
Daily analysis & day trading setups on DAX DE30EUR 20220818 Happy Thursday, Happy Janmashtami
What a move on DAX yesterday. As it has now broken 13510, 13510 becomes line in the sand. Break of that will open up 13360 & beyond
Macro EU HICP, ECB Schnabel Speech - US Jobless Claims, Phil Fed Mfg Survey
Buy
Break: 13 690, 755, 805, 850, 915
Reversal: 13 595, 530, 450, 365, 290
Sell
Break: 13 600, 540, 455
Reversal: 13 700, 770, 815, 870, 930, 995
I regularly publish my daily analysis & trading plan for day trading setups. The links are here:
NASDAQ
DAX
SPX
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
Daily analysis and day trading setups on SPX SPX500USD 20220816This is the first daily analysis and day trading plan for SPX. I am already publishing NASDAQ & DAX daily trading plans here >>
NASDAQ
DAX
Line in the sand for SPX is 4280 but 4300 is too close so it is more like a zone of 20 points which is quite evident. The hourly bull flag is still in tact as long as Demand Zone 1 holds.
Macro US Building Permits, Housing Starts, CAD CPI
Buy
Break: 4295, 4313, 4327, 4347
Reversal: 4279, 4262, 4253, 4240, 4216
Sell
Break: 4281, 4285, 4254, 4243
Reversal: 4316, 4330, 4350, 4374
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
GBP/AUD: ReviewGreat Britain Pound/Australian Dollar continue drop since Thursday, August, 11, 2022 when I said that GBP will weak in front of AUD, what I entry around $1.7232 AUD, and I got profit to $1.7031 AUD (+202 pips earned)
This it's a nice trade.
Meanwhile, I have in Daily timeframe that GBP/AUD could to forming a pull back after this break-out of this symmetrical triangle that I look now.
So guys, at the moment, I got profit in this trade earned 11.88% in this trade
I will sum all my trades in this week compared with the last week and my progress to achieve my goal this month 20%.
*Remember, if you're interesting to make Forex trading, you will need to be consistent and patience to achieve your goals and dreams, and also it's very important to read it because people believe that they will come to make easily money in trading, when trading required a lot patience and discipline in this field, but you will need to take trading and financial market like passion. But you can to invest, learned and discover them.
This it's one of my best trades this week!!!
TSLA Daily ChartCorrective sloping Downtrend, TSLA has broken out of range bound at 750 area, but has yet to retest. We are above midline with target to upper limit of downtrend above. Consolidation here with a strong bull day on Friday, stuck at 900. Bulls want follow through and a break to new high in this breakout uptrend. Would expect bears to defend big 1000 mental round number if we get there. Bears are looking for a break down out of this consolidation and retest of 750-760 break out area. Short term traders can pay the lower timeframes to these targets as your lower TFs indicate as we move either way. This is a big picture Daily look. Current move up is not impulsive so a breakout of the bigger corrective downtrend would be a 'surprise' and would need a consolidation above the TL for more buying to be wise. We are a ways in time from that however we can watch and see. Happy trading!