Dax30short
#DAX ANALYSIS.. GREAT DEPRESSION OF MARKETS.. In my previous analysis, I mentioned that a strong sales wave could come to the markets again, in this context, I expect a structure as I mentioned in the chart.. Never say never.. Markets will be very interesting after 6 months, we will wait and see.. I firmly believe that big crash will come eventually and oil prices were the leading indicator of this..
Actually, I wrote that passage again and again in my previous analysis, please keep these in mind, greath depression is coming..
Disclaimer: Please do your own due diligence when it comes to investing.. Never put in money that you cannot afford to lose.. Invest at your own risk..
I wish you all the best..
DAX30 - Crab in Development - Add to watchlistGoing to add this to my watchlist. Appears that Dax is developing a Crab HCP with prz 10806 - 10850. Will monitor and decide if will trade based on price action and conditions around completion of pattern (if it completes).
PRZ = 10806.4 - 10850
1.618XA = 10826.1
3.272BC = 10850
3.14BC = 10828.9
3.00BC = 10806.4
2.24ABC = 10833.2
Are we going to short the market today?Hello traders,
yesterday we got some volatile movements on EUREX:FDAX1! which brought us great opportunities. Today we have got a pretty strong sell signal on M5 chart so I am entering a short position.
Check the video and let me know what is your strategy for today.
Have a great weekend, guys and see you on Monday!
John
FINEIGHT Team
Morning sell off on DAX - are we going lower?Hello guys,
after yesterday slow session EUREX:FDAX1! opens with a rally today and we are looking for an opportunity to sell. The price is now retracing which gave me a short signal, so check the video and let me know what are your expectations for today.
Have a nice day!
John
FINEIGHT Team
DAX analysis for 21.4.2020Hi traders,
today I got to my charts a bit late but let's take a look at what happened in the morning and what can we expect from the US session.
EUREX:FDAX1! opened with gap to the down side today which really canceled the yesterday's Pin bar signal. The morning was again quite lazy but eventually we broke yesterday's low and the price continues trending lower ever since. The first support is low from 16th April but we might see the price go even lower to 10 110.
I am now going short with the profit target at 10 250.
John
FINEIGHT Team
DAX analysis for 16.4.2020Hello DAX traders!
The buyers were not strong enough yesterday and the support at 10 500 EUR did not stop the sellers. What can we expect today on EUREX:FDAX1! ? Will there be another sell off? Check the video for some new ideas!
I wish you good trading, guys.
John
FINEIGHT Team
DAX analysis for 8.4.2020Hello traders!
So, yesterday we went through a major rezistence on EUREX:FDAX1! at 10 410 EUR. I took a long, went little bit more then 1:1 RRR in my favor, but then the price started to collapse slowly. The rest of the European session was quite boring and we finally got some movement after
4 PM CET.
Since the market eventually reacts on our resistence, we are expecting some more downtrend for today. The major support will be at around 10 000 EUR.
Good trading!
FINEIGHT Team
DAX - SHORT - ELLIOT ABC-CORRECTION - ENGLISH/GERMANENGLISH-VERSION:
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Technical ACTUAL Analysis:
The possible ABC correction in the DAX is in full swing. The 2019 low has now been exceeded by daily trading. We are approaching the 50's retracement Top 2020 / Low 2020 and we are also approaching the EMA50 in D1 .
The time horizon is also approaching critical levels. A long trade-free weekend ( Easter ) is approaching. In addition, the Fib time zone also falls on Wed. 08.04.2020.
Conclusion technical analysis:
The low of 2019 would now serve as a support line for a bull market (long scenario). However, it is not uncommon for critical levels to be breached at prominent zones in the short term.
What is relevant for me is that the 50 retracement + EMA50 in D1 have not yet been exceeded. The EMA 50 is higher than the 50 retracement and can therefore serve as a stop (EMA50 + 2-5% risk).
From a technical analysis point of view, especially according to Elliot theory, an ABC correction will take place in the large chart (D1). In a strong trend the minimum retracement is about 38%. In a weaker trend, the maximum retracement moves around 62%. Therefore, the 50s retracement is a good average value, which will probably only be slightly exceeded or will be exceeded at most until shortly above the EMA50.
Trading proposal (without guarantee!)
Since I personally do not see a bull market yet (see fundamental analysis) + personally see this chart as an ABC correction, I will now build up shorts scaled in the range +/- 2.5% around the 50s retracement.
The Easter holidays are problematic here, as a large gab can occur. I will therefore keep a close eye on the price at the end of the last trading day (Thursday).
According to the rules of Stylized Facts , positions before relevant holidays (Easter / Christmas) are often closed by traders, as the Gab is difficult to calculate and psychologically speaking, positions are better closed out.
Alternative Trading Proposal (HIGH RISK).
Instead of building up short positions with the risk of the Easter Gab, a leveraged position (10 - 15x leverage) can be opened with the 50th retracement. The invested capital should be absolutely irrelevant, as a margin call could result in everything being gone. But since the chances are also quite high that the prices will fall, the risk/reward ratio is quite high. With a 10x leverage, the price may run against you by a maximum of 10% (caution! many exchanges set the margin call lower). The 62 retracement is about 6.5% away from the 50 retracement, so there should not be a margin call over Easter.
Fundamental analysis:
* Corona numbers are stabilizing a little bit due to curfews -> But for the economy this has fatal consequences.
* There is talk of easing the restrictions, but so far no one is really giving deadlines - everything is open.
* No economically relevant data from the industry / trade are really published yet. But I think everyone knows that they will not turn out rosy.
* ...
GERMAN-VERSION:
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Technische IST-Analyse:
Die mögliche ABC-Korrektur im DAX ist voll im Gange. Das Low 2019 wurde nun per Daily-Gab überschritten. Wir nähern uns dem 50er Retracement Top 2020 / Low 2020. Zudem kommen wir der EMA50 im D1 nahe.
Auch der zeitliche Horizont nähert sich kritischen Marken. Es steht ein langes handelsfreies Wochenende ( Ostern ) an. Zudem fällt die Fib Zeitzone auch Auf Mi. den 08.04.2020.
Fazit technische Analyse:
Das Low 2019 würde nun als Unterstützungslinie für eine Hausse (Long-Szenario) gelten. Es ist aber nicht ungewöhnlich, dass kritische Marken an markanten Zonen kurzfristig überschritten werden.
Für mich relevant ist, dass das 50er Retracement + die EMA50 im D1 noch nicht überschritten sind. Die EMA 50 liegt höher als das 50er Retracement und kann daher als Stop (EMA50 + 2-5% Risiko) dienen.
Aus technischer Analyse-Sicht, speziell nach Elliot-Theorie, wird eine ABC-Korrektur im großen Chartbild (D1) stattfinden. In einem starken Trend liegt das Minimum-Retracement bei ca. 38%. In einem schwächeren Trend bewegt sich das Maximum-Retracement um 62%. Daher ist das 50er Retracement ein guter Mittelwert, der vermutlich nur gering überschritten wird bzw. maximal bis kurz über die EMA50 überschritten wird.
Trading-Vorschlag (ohne Gewähr!)
Da ich persönlich noch keine Hausse sehe (siehe Fundamentalanalyse) + dieses Chartbild persönlich als ABC-Korrektur einschätze, werde ich nun Shorts skaliert im Bereich +/- 2,5% um das 50er Retracement aufbauen.
Problematisch sind die Osterfeiertage dabei, da ein großes Gab entstehen kann. Daher werde ich akribisch den Kurs am Ende des letzten Handelstag (Donnerstag) im Auge behalten.
Nach den Regeln der Stylized Facts , werden Positionen vor relevanten Feiertagen (Ostern / Weihnachten) oft von Tradern geschlossen, da das Gab schlecht zu kalkulieren ist und psychologisch gesehen, lieber Positionen glatt gestellt sind.
Alternativer Trading-Vorschlag (HIGH RISK).
Anstelle jetzt Short-Positionen aufzubauen mit dem Risiko des Ostern-Gabs, kann auch beim 50er Retracement eine Leveraged Position (10 - 15 fachem Hebel eröffnet werden). Das investierte Kapital sollte absolut irrelevant sein, da durch ein Margin-Call alles weg sein könnte. Aber da die Chancen auch recht hoch sind, das die Kurse purzeln, ergibt sich ein recht hohes Chance-Risiko Verhältnis. Bei einem 10x Hebel, darf der Kurs maximal um 10% gegen einen laufen (Vorsicht! viele Börsen setzen den Margin-Call tiefer an). Das 62er Retracement ist ca. 6,5% vom 50er Retracement entfernt, daher sollte es nicht zu einem Margin-Call über Ostern kommen.
Fundamentalanalyse:
* Die Coronazahlen stabilisieren sich ein wenig durch die Ausgangssperren -> Für die Wirtschaft hat dies aber fatale Folgen.
* Es wird zwar über Lockerungen gesprochen, aber Defakto nennt bis jetzt niemand wirkliche Stichtage - alles ist offen.
* Es sind noch keine wirtschaftsrelevanten Daten aus der Industrie / dem Gewerbe so wirklich veröffentlicht. Aber ich denke jeder weiß, dass diese nicht rosig ausfallen werden.
* ...
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DAX analysis for 3.4.2020Good morning, traders!
yesterday we were expecting some drop on EUREX:FDAX1! , the price was very lazy in the morning but eventually we got about 220 pips drop. Nevertheless sellers were not strong enough to break yesterday's low and the price came back up. The day closed as an inside day to the previous one. What does that tell us? There were no new information in the market yesterday which would move the price in any direction.
Therefor today the same prediction is still valid. We are aiming for short unless the key rezistence of Wednesday's high is broken. If that happens, we stay in range and can start to look for long opportunities.
Have a nice Friday and trade with patience.
FINEIGHT team
#dax - Next shortidea #dax30 #grxeurYou like the idea? Then thumbs up and like + comment.
You don't like it? Then thumbs up and the criticism in the comments.
If you are not short yet, you can go short now.
But if you are already short, you can also pyramidize.
For the last opinion, the stop of Trade 1 on deuce, so that no more money is lost on this trade.
Then type in Trade 2 and it would still have a CRV of 6.3 to 1.
Total risk would be 1% of the portfolio but the chance of trade 1 would remain at 8.1% portfolio growth and that of trade 2 at 6.3%. Together this gives a 14.4% portfolio growth chance with 1% risk.
Greeting
Stefan Bode
#DAX30 - It will fall again?!👍👍👍 Thumbs up + Like it 👍👍👍
Will the Dax fall straight to 61.8 at just under 7,400 Daxpoints or will the Dax take the indirect route to 11,000 points before the next sale starts to 7,400 points?
Either way, I can't see much positive in the DAX at the moment.
If Easter does not announce the end of the flu panic-mongering, then everyone will save themselves and their loved ones!
Only where to leave/emerge, because the option of the Hessian Finance Minister is definitely not available as a solution.
How do you see that?
Are such private thoughts appropriate for the euro area?
Can the german people be calmed again by a video message from Angela Merkel?
Greetings from Hannover
Stefan Bode