DAX30 Short Idea Elliott impulse waveDXA30 Short Idea Elliott impulse wave, Pls consider your on risk management and watch the levels. both shorting idea of yesterday and today still valid.
Dax30short
Dax30Short ideaJust a short idea each Trader have to decide the Levels .. First TP1 12850 but it could make a LL to hit 12620 as TP2. Good Luck
DAX30 - BEARISH BAT PATTERN - 15mPrice is rallying and the first port of call is possible Bat Pattern
Price has also formed a classical ascending triangle that could imply that market is bullish, but could proof to be a false break out and reversal back to down. Time will show.
Pattern: BAT
PRZ: 13142.8 - 13113.1
1.618BC = 3113.1
0.886XA = 13126.8
1.618ABC = 13142.8
DAX with a downside potentialEuropean equity indices are far behind the US markets.
If we experience correction in ES and NQ, indices such as DAX gives us very clean structure to follow.
Break of a trend line to the downside should take us around a yearly vwap and anchored vwap support around 11600.
Overheated DAX, how long would you buy?Can't imagine the DAX30 could take this sideways or upwards much longer. If the limit breaks at 13300 I wouldn't sell until 13800. For now I try it with tight SL settings.
Economy is going down while people keep on buying. How much worth is an Apple or Tesla without a solid economy? IMO this can only go in one direction. Clear sell long term from my side.
Happy trading and beware about spikes due IFO!
#Dax - decision before the weekend? #GRXEUR #FDAX1! #tradingIf the Dax now marches right through, then we can take 500 points at
the breakout. Or should we wait for another downmove and optimize our RRR and then we can even take 750 points more?
Good question, especially since it's the third Friday of the month and in case of doubt feat that few people would consider sensational.
Decision is not yet fixed but at least I am prepared.
Greeting from Hannover
Stefan Bode
FDAX1! - Forecast - 18/08/2020 (following 17/08 forecast)SHORT FDAX1!
ENTRY LEVEL 1 @ 12923
SL @ 12990
TP @ 12550 RR5.56
Risk 0.5%
ENTRY LEVEL 2 @ 12948
SL @ 12990
TP @ 12550 RR9.47
Risk 0.5%
ENTRY LEVEL 3 @ 12964
SL @ 12990
TP @ 12550 RR15.92
Risk 0.5%
(SELL ORDER ACTIVE 17/08/2020 :
ENTRY LEVEL 1
ENTRY LEVEL 2)
Germany short positionStubborn DAX. had a sudden dip pre market and now we are at the peak, will try to take advantage catching some pips. Let's see how this day rolls )
Germany short positionDax went flying again today so securing my late short to catch some pips as it reverses. This may roll over til tomorrow let's see how this trade rolls :)
Germany 30 short opportunitya lil late in the market but Mondays are quite tricky. Catching this sell opportunity. May roll till tomorrow. Let's see how this trade goes later on :)
Dax - Baji Menaik pasca Pengumuman 750 Billion Pakej StimulusAnalisis Gelombang Elliott Germany Index -
Kelihatan Dax sedang melalukan corak Baji Menaik (Ascending Wedge).
Dengan melihat sub gelombang 1 lebih panjang dari sub gelombang 3, maka invaliditi gelombang kelima adalah sepatutnya sama dengan kepanjangan gelombang ketiga atau lebih rendah.
Dengan erti kata lain, tiada 'Throw over' akan terhasil untuk gelombang kelima.
Invalidasi corak Baji Menaik ini adalah di garisan merah.
Kita nantikan.
Abang Doji
DAX30 possible bearish moveAnother opportunity spotted during trade opening was the possible drop of Germany 30. Trying to take advantage of this opportunity as it may have an uptrend reversal after a short dip. Let's see how this day rolls :)