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Dax30short

28/10/2020 #DAX30 Looking for more sell but open to pullbackLots of selling yesterday (27 Oct) for #DAX30 #FDAX, closing at the lows. Selling pressure still on but there might be possibility of pullback. A lot of room to play for the pullback. 12162-86 will present a low risk short zone with purple lines 11940, 11986, 12050, 12110 resistance along the way. If 12162-86 does not hold, 12230 should cap high of day. Below targets are 11828, 11720. In the event of panic selling, 11490 should cap low of day - low risk buy level.
OANDA:DE30EURShort
by FadeMeIfYouCan
DAX sitting at support as bears lick their lipsThe DAX recently broke down below a key daily bid zone (support) and is now sitting right on another around 11960. With the numbers of covid cases on the rise in Europe and further restrictions to come, sentiment is turning very negative for the economy. We are now watching for a big move down and will be looking for a lower high to work from. Either a retest up towards 12309 and then short or a break then retest of 11960. ------------------------------------------------------------- WE TRADE WHAT WE TEACH Check out our recent Live Streams from our profile page!! ------------------------------------------------------------- ** If you enjoy our free content, please support and follow our profile, by hitting the Follow button to get further high quality ideas. ** ** If you are following our ideas any comments and likes are most welcome and will be greatly appreciated ** ** With quality alerts and correct Risk Management, you can learn consistency and grow your account ** ** With quality portfolio management and defined risk levels to help your account grow and achieve steady profit targets while increasing your trading edge. **
EUREX:FDAX1!Short
by TradeTheStructure
DAX30 - Short into 2021Let's see what the go is. This is a long term view based upon one very important principle. Why are we selling? Price is expensive and volatile - during the election process in the US, the worlds relationships are affected The election is coming closer <45 days. The S&P500 and NAS100 are not shown here but use reference for our previous ideas to show where price has reached our over exposed markers. The stocks have recovered well from a V - shaped recovery, but the Gap fill has not occurred. Covid 19 - second wave has concerned EU governements - with further pumping of money to "control" the costs of job losses and curb closures. We have established a great supply or essentially a strongly overvalued market again in quick succession, however price will be giving some good areas to sell. Particularly a break of 13,000 down to 10,000 and beyond for an extension. Pay close attention to the markets like CAC, IBEX FTSE MIB and FTSE UK - all are showing signs of weakness and poor price action. The monthly shows us a perfect area which we are currently in to go short. Keep your average price consistent when closing out profits or losses - this is important in trade management. We are not selling at random times, there is a reason for this at specific levels. Because the market shows these levels. The trade we will be taking is the least path of resistance. Why follow us? Updates on our pairs as and when we can. Swing trade out looks 10 years combined experience in capital markets simple breakdowns for beginners to advanced . KISS - keep it simple stupid. we trade purely from naked charts, less indicators - remove the noise. If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes. Thanks, Team Lupa
XETR:DAXShort
by LupaCapital
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