Dax30short
DAX Short – Break of support line (~10.400)Trading idea on 1h chart:
Short DAX after the break of support line
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Trading idea: stop sell order at 10.632, risk-reward = 2.0
SL@ 10.742 (-110), TP@ 10.412 (+220)
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- trade based on chart: break under support line + under trending line, prices below 20 EMA (=weakness)
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Disclaimer: There is a very high degree of risk involved in trading forex . I assume no responsibility or liability for any trading or investment results. My posted statements and charts may unintentionally include inaccuracies. All content posted is for educational purposes only and is not a financial advice. The presented set-ups are not solicitations of any order to buy or sell.
DAX-30The leaders of growth among the DAX0.69% 30 index components on the basis of today's trading were the shares of Deutsche Bank AG-1.21% (DE: DBKGn), which went up by 0380 n . ( 3.07 % ) , closing at 12755 . Quotes Adidas AG (DE: ADSGN) increased by 3,750 n . ( 2.53 % ) , ending trading at 152250 . Shares of Commerzbank AG (DE: CBKG) rose at 0116 n . ( 2.05 % ) , closing at 5767 .
DAX 4H - Lack of demand at yearly highsSupply and demand Analysis - Published 03.08.2016
We're seeing lack of demand and maybe even liquidity at yearly highs. Each time we build enough demand to reach highs we have sudden and steep declines, which could indicate lack of demand. I expect a small pullback, before heading lower.
However should we take out the yearly high on a fair amount of volume without liquidity drops I would turn around and be very bullish on the market.
DAX DOOM >>> Trade The Beast <<< 2666.00 PointsHands down, I am not a big fan of the world going to hell. Well, .....#itshappening.
It prolly won´t end nice, but this one is quite the beauty. Everything is lining up "perfectly"! Not only chartwise, but also doomentally. Full spectrum rektage ahead.
With regards to the DAX1.29% , the July is going to draw a bloody -25% (pre-)doom candle from 10,666 down to 8000 points (2,666 in total). As said, a real beauty.
Beast Mode: ON
Stay safe & Take care!