Dax Long position setupWe had a BOS to the down and then a CHoCH to the top.
Now we have to wait for a pullback, and I think this area has its potential to set an order.
This setup is in 4H TF, so also we can wait for the price to come into our area of interest and then wait for a CHoCH in lower TF like 15m TF and then find another entry zone...
Dax30
DAX30/GER30 PREPARE TO SHORT ONCE THE PRICE HITTeam, I am waiting for the price to move toward our position to short.
We are considering shorting once the price hits below 18703-18697. The current price is at 18720
We assume the stop loss at 18775, but a safer stop loss level would be at 18817
Our target would be 18619.4. Please reduce or take profit from 50% to 70% of your volume at this price and trail your stop loss toward BE.
And second target is 18526
SHORT DAX40 at the current market price Team we are shorting the at the current price of 18556, you can use stop loss at 18613 or 18684
Target 1 at 18511.2
target 2 at 18422
target 3 at 18383
Please note: once the price hit the first target at 18511.1 take 50-60% volume
trail your stop loss to 18613. There will be a consolidated period between 18480-18555, so please be aware
"DAX Index Rises Ahead of ECB Meeting"In the U.S., the consumer price index increased by 0.2% in August, while the annual rise was 2.5%, aligning with forecasts. Following the drop in inflation, the likelihood of the Fed implementing a 25 basis point rate cut next week has risen to 85%. After this data release, market risk appetite increased, leading to intensified buying activity in the DAX index.
Today, there is an expectation of a 25 basis point rate cut in the European Central Bank (ECB) meeting.
Technically, on the upside if the price holds above the 18,500 resistance, buying could push the index first toward the 18,700 resistance and then to 18,900. if the 18,500 level is broken to the downside, a pullback could extend first to the 18,285 support and then to 18.075.
GER40, We missed the opportunity but found opportunity againEarlier I missed out a good entry for DAX40, we suppose to get in at 18283.10, the 1st target would be hit.
However, we found an opportunity to re-enter the trade 18347.10 - again we wait for confirmation once the price are reversal.
However if we able to re-entry again at 18275, our stop loss will set at 18185.70 with target at 18293 and 18413.1 & 18449.6
DAX Index Recovers Its Losses!Following the release of the U.S. non-farm payroll report, which came in below expectations, market risk appetite weakened. The DAX index also accelerated its decline, targeting the 18,257 support level. Expectations for a Fed rate cut have strengthened to 50 basis points, while the ECB is expected to lower rates by 25 basis points at its meeting this week.
Technically, if the 18,285 level is broken on the downside, a pullback could extend first to the 18,075 support and then to 17,920. On the upside, if the price holds above the 18,500 resistance, buying could push the index first towards the 18,700 resistance and then to 18,900.
LONG ENTRY DAX/GER40 at the current marketTeam, earlier today, we were predicting further down trend toward 18480. However, we wait for the price confirmation entry. we are long at 18573, stop loss at 18472.
Target 1 at 18692.80
Target 2 at 18809.20
Once the price break hit first target - take 50-70% partial and trail your stop loss to BE (entry level.)
DAX(GER30), nuke is coming?I explained the fundamental part in my EURUSD post. Check it out here:
Now, let's talk about the technical part:
At the London opening, we saw significant manipulation downward with a liquidity sweep from the previous day's low (PDL) and other swings. Now, I would love to see an aggressive movement upwards toward the all-time high (ATH), where I'll be looking for a short setup. However, if the price closes on the 1-4h time frame with a big fat candle, I won't touch the GER40 (DAX) for a while because there won't be any targets ("sky is the limit") to get liquidity from.
There's one possible scenario: a move into premium after the first market structure (MS) shift today, followed by a second shift (break of structure, BoS). Bearish order flow will be confirmed, with the final target being the 4h fair value gap (FVG).
GET READY TO SHORT DAX/GER30 OR 40Good evening to everyone,
We have not seen a beautiful pricing like this for a while.
We found good opportunity once the price hit 18933 to short, with stop loss at 18977
Target 1 18889
Target 2 - 18819
Target 3 - 18761
Please note, once the price hit first target, take some partial profit, trail stop loss to 18937 then continue to focus on second target and so on.. any strong trend pull back then get out.
DAX short term - bullish Team, I am long DAX at the current price of 18437, with a tight stop loss at 18420 and a target long range at 18520-18540. There will be a resistance test at 18500-05. If the trend pulls back strongly, get out and take your profit.
I also set up short at 18540-45 (NOT yet confirmed). Once the short position is confirmed, I will update you on Tradingview. My short position target at 18435, 18400 and 18355
DAX to find buyers at market?GER40 - 24h expiry
A Morning Doji Star formation has been posted at the low.
A Doji style candle has been posted from the base.
The primary trend remains bullish.
Daily signals are bullish.
Yesterday's Marabuzo is located at 18415.
We look to buy dips.
We look to Buy at 18415 (stop at 18315)
Our profit targets will be 18665 and 18725
Resistance: 18509 / 18600 / 18700
Support: 18430 / 18350 / 18220
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The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
DAX to find support market price?DE30EUR - 24h expiry
Our bespoke resistance of 18366 has been clearly broken.
Previous resistance at 18325 now becomes support.
Preferred trade is to buy on dips.
The primary trend remains bullish.
Price action continues to trade around significant highs.
We look to Buy at 18325 (stop at 18215)
Our profit targets will be 18565 and 18635
Resistance: 18446 / 18500 / 18600
Support: 18325 / 18200 / 18100
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
GER30 remains under pressure after sharp sell-off last weekEuropean stocks took a beating last week following the announcement of a snap election by French President Macron. The momentum remains subdued but prices are at a key support level.
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