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Dax30short

ridethepig | Green/CDU Grand Coalition Cooking in GermanyA fresh round of poll updates from Germany with CDU/Green coalition in play: => CDU/CSU-EPP: 28% => GRÜNE-G/EFA: 23% => SPD-S&D: 12% => AfD-ID: 11% (-1) => LINKE-LEFT: 9% => FDP-RE: 9% We are marking the highs as widely mentioned previously in the 2020 Dax Macro Map: Markets are unable to shrug off risk from Coronavirus and we are spreading into waterfall mode. PBOC stepping in to attempt stopping the bleeding but smells too little too late. No surprises EUR showing signs of marching in the opposite direction: Those following the latest Macro charts in Euro will know, the philosophy of EUR finding a strong bid will constitute good criteria for the devaluation of German Equities. This is crunching time for the Fiscal side in Europe, if Germany start to turn on the fiscal taps (too late anyway) then the logical follow up is EUR long. Thanks as usual for keeping your support coming with likes, comments, charts and etc!
TVC:DEU40Short
by ridethepig
3
Shorting the DAX with a 7+ Risk/RewardGood morning from us! Here's a little update of what we believe will be happening with the DAX over the next few trading sessions: The daily is making yet another test of the broken contraction. The 4H seems to have formed another contraction after the breakout and now retest of major contraction. The 1H is heading to test the top of a bullish channel and yesterdays high could be the reversal point. As a result we believe that a bearish turn-around is due soon. Our target here will be to enter short at yesterdays high and once the rising channel is broken on the 1H, move SL into Breakeven.
OANDA:DE30EURShort
by PrimedGroup
BUY DAX ON WEEKLY CHARTThe European market kept its collective head on Monday morning, avoiding another plunge despite the alarming losses in China. One of the more curious aspects of the coronavirus situation is that, while the rest of the world’s indices suffered, the Shanghai Composite was side-lined by the Lunar New Year holidays. Well, Monday saw it play catch-up. The Chinese index lost close to 8%, investors bailing at the first chance they got – this as the death toll jumped by 57, the single one-day increase since the virus was detected. Instead of treating this as another chance to sell, Europe was level-headed after the bell. The DAX rose 0.2%, while the CAC eked out a 0.1% increase. The FTSE was a bit more energetic, adding 0.3%, though that’s because of the pound’s early February retreat. As for the Dow Jones, the futures are currently pencilling in a 100 point bounce later this afternoon.
DLong
by q12398
2