[DAX 30] [McClellan] Sideways/LongWhat's the current state on the DAX 30 index?
Envelopes show a trendless situation (sideways)
RSI shows a trendless situation, but has a very small upside tendency
Custom self-written McClellan oscillator shows that there is a small upside momentum, with more index members (individual stocks) advancing; we might see the peak on this indicator soon, though
So, what's the summary?
The DAX 30 index has been in a trendless situation for a while now. The risk/reward ratio is not very good for long entries. Still, I wouldn't go short here since as soon as the DAX declines, enough buyers will hit on low prices.
My estimation is, that the trendless situation might continue a little longer, before we might see higher higs. Mid-term: Long; Short term: Sideways
XETR:DAX
Dax30
Long BMW - bullish signals on monthly, daily etc.I've tidied up the chart - all kinds of significant signals.
Who's to say it won't go back to its previous ATH? Doesn't even have to.
Long term hold or short term long?
May not be too late for pyramiding in...
This came up a significant outperformer of its significant index - the DAX or German 30.
Could be good to diversify into one of the world's most advanced and innovative firms.
dax hit new record on friday ,as we predict yesterday as say befor dax love pullback to fibo 61%
in coming week AC(or stoch 7.4.4) 4hour going to red technical say dax must go down to fibo 61% then can again fly up to 15800
realy dax love ZIGZAG , it is not trendy like gold (when it go up ,will go more upper) , look like dax want grow but with wide zigzag
ALERT=dax can crash to 14600 on bad news, fibo 161% show this ,be careful
note=dax,dow,nasdaq,sp500 are very complex (king trader on them) , they have many secrets , trade on them need min 5 year demo ,practice,research and powerfull sellfcontrol and stratgy with SL , if you dont have 5 year demo ,dont trade them on real money = loss all in 15min
if you are new , practice on demo until you can show report with SL and 0.01 lot , turn 1000$ to min 2000$
today is NFP friday : fdax fill gap in open to conitue + trend1-on daily chart dax have BUY PINBAR from yesterday , dax company news comes very good , so looking for buy in deep is good stratgy
2-AC on 4hour chart is green (mean buyer +trend comming) ,AC30min is full red,ready to turn green =buy signal ,sl on today low
3-we belive even NFP comes bad , dax after wide zigzag ,in next days will coninue to go up to 16000 then 17000
use google chrome to translate , if need account,create demo account to see dax news
www.onvista.de
TRADE DAX DOW NASDAQ SP500 HAVE MANY SECRETS , NEED MIN 5 YEAR DEMO PRACTICE ,IF YOU ARE NEW TRADER ,DONT PICK THIS IN REAL MONEY ACCOUNT
Dax 30 : Stuck in short positions ? Here is the solution ! Speculative sentiment index is just 7.5% on an average indicating an open above 15660 eyeing the targets 15820 and 16k + psychological level / Possible stop loss cluster area . Stuck sellers just be patient and do not put equal parallel positions at the moment ,you will be stuck for life time . Do that only if your margin is in trouble and deposit later to avoid the swap charges that gonna eat your account. Ascending triangle like formation is breaking slowly ( Typical Algos Frustration mode ) . Possible massive profit booking happens around 16000-16200 levels with some magic numbers high like 16033,16057,16077,16133 and so on . Machines will hunt entire typical human mind stop loss like 15650,15675 15700,15750 . Don't let the machines to trap you in mesosphere level if you are holding sell for long time. Trade Safe, All the best
GER30 Buy the dip.GER30 - Intraday - We look to Buy at 15504 (stop at 15454)
Daily signals are bullish.
There is no clear indication that the upward move is coming to an end.
Dips continue to attract buyers.
We look to buy dips.
Support is located at 15470 and should stem dips to this area.
50 4hour EMA is at 15505.
The trend of higher lows is located at 15500.
Our profit targets will be 15644 and 15664
Resistance: 15650 / 15680 / 15700
Support: 15570 / 15520 / 15470
Germany30 : Possible upside break out to 15800 levelSince the last two months, the Germany index was trading inside the Inner Range 15130-15330 together with the outer range 14800-15550 by making stop hunt higher highs and lows many times . Last days we saw some strong upside push towards the 15670 handle indicating a possible break out of the ascending triangle like formation eyeing for 15820 and 16000 psychological level resistance .
Major Trend : Up
Signal : Long Scalp every dip
Speculative Sentiment Index : 14%
DE30 Buy the 50 EMA.DE30 - Intraday - We look to Buy at 15452 (stop at 15398)
Daily signals are bullish.
Price action resulted in a new all-time high at 15685.
We can see no technical reason for a change of trend.
50 4hour EMA is at 15456.
We look to buy dips.
Our profit targets will be 15596 and 15626
Resistance: 15600 / 15670 / 15700
Support: 15550 / 15470 / 15430
Bullish indicators in Deutsche Bank - on the Monthly, etcWe look at the DAX constituents. We pay attention to the most bullish constituents that buck the trend - firms that go up when the index itself goes down. Etc.
So we have plenty of bullish signals on multiple time-frames - and that green triangle projection is back to its all-time heights.
This may be great for both a short time long trade or a good long term investment.
DAX30 Short PositionMy software has automatically entered me into this trade. See notes on the chart. There is no trailing stop on this strategy so it either hits the original stop loss or hits the moving average and the trade is closed. Occasionally, if price consolidates for a while and the moving average moves higher, the price can be closed at the MA for a loss (although this is rare). As you can probably tell though, the longer the trade goes on, the closer the MA will get to the entry point. Therefore, we would prefer a quick reversal to maximise our returns.
DE30 Sell a Break setup.GER30 - Intraday - We look to Sell a break of 15369 (stop at 15424)
Daily signals for sentiment are at overbought extremes.
A higher correction is expected.
Bearish divergence is expected to cap gains.
Expect trading to remain mixed and volatile.
Our profit targets will be 15206 and 15176
Resistance: 15520 / 15550 / 15600
Support: 15400 / 15370 / 15300
dax traders know when dax 2-3 time attack to 15500 will break ityou can see dax 5 time attack to 15550 true?
exprienced pro dax traders seen this pattern many times so 100% dax after break red area can fly up to new upper layer 16000
in last 3 month dax is range with low movment (when dax going up ,range or zigzag is normal)
red fibo raytrace 161% show dax target =15900 (can take 4-5 day)
green fibo extention show dax target =16100 (can take 10 day)
we belive(according exprience and old history) dax love fibo extention (projection) more than fibo raytrace save photo,later see witch was true target
all big money bank,broker,fund traders on dax (must draw on FDAX not cash dax) use it for find dax target
in coming monday AC on 4hour show sell ,so 90% we will see little down movment or range ,when AC goes down,full red =buy and new + trend must start
if you have buy ,you are clever and seen main trend is very powerfull + so be patient until 16000
if you have open sell , 100% put SL on high 15605 , break this high mean new + trend started ) you can put buystop on 15600 too for hold to 16000
let see DOW futures COT open orders by larg banks and fund money managers(sorrily eurex dont publish this for fdax,we must contact them and ask them publish this,but dow and dax simmilar in order contracts )
prnt.sc
like dow we will see new records in next days
on cash xetra dax daily chart we have doji and high volume comes
prnt.sc
euwax dax option sentiment (call-put)
prnt.sc
dax must touch 16000 soon or late ,inflation fear ease today dax open with + gap , then on 9:00 am CET after FSE frankfurt stock exchange open,fill gap and go up
all big bank,big company ,fund traders according my monitor on FDAX orders, buy,sells stand on buy side ,buying big size dax in deep to close on 16000 ( dax in way to 17000 on weekly chart)
advice=in next days looking for buy in low,dont pick sell signals
use google chrome for traslation
www.finanznachrichten.de
BMW looking bullish on the monthly.You've hear of them?
I'm going through the DAX constituents right now. Could be a good diversification for some. what else would you buy in Europe? Lolz.
I can't remember the div yield - it's all good, though. is tangible. very tangible.
Do own research but the signals are all good so far - 200 sma cross on the monthly
etc.
how pro traders in funds,banks use FIBO EXTENTION on dax futthis tools is for index and zigzag markets like dax ,dow ,not for trendy markets like forex,gold
all dax trader must draw it on FDAX (not cash dax) for find TP target
www.dailyfx.com
www.tradingview.com
www.youtube.com
for load it on Metatrader,right click on above drawing tool(box)
personaly every morning i delete old,redraw it on 30min chart last N shape (for short term) for find longterm target i draw on 4hour chart you need min 6 month work on it,then can judge how it is amaizin on FDAX and dow fut
DE30 Sell a Break setup.DE30 - Intraday - We look to Sell a break of 15379 (stop at 15434)
A higher correction is expected.
Expect trading to remain mixed and volatile.
We look for losses to be extended today.
Following yesterday's doji the overall trend has stalled and a reversal is possible.
Our profit targets will be 15237 and 15207
Resistance: 15470 / 15520 / 15570
Support: 15400 / 15350 / 15300