9330 @ Points
> 9331 Points still bullish (short-term time frame)
= 9330 Points neutral
< 9329 Points bearish (mid-term trend-resversal-formation is starting)
< 9329 Points bearish (long-term trend-resversal-formation is starting)
Dax30short
DAX @ 9330 Point
> 9331 Points still bullish (short-term time frame)
= 9330 Points neutral
< 9329 Points bearish (mid-term trend-resversal-formation is starting)
< 9329 Points bearish (long-term trend-resversal-formation is starting)
Brexit Week - Possible tradeNext buy area at green ballon, between February lows (8.699) and 12th February (8.967).
Brexit Impact on DAX - Polls versus Odds See the diferencesBrexit Financial Times poll 6 June:
Stay: 45%
Leave:43%
Odds Betfair
Stay: 70%
Leave: 30%
Something is not right, someone is lying and i bet are polls.
Base on that i design a new up channel and a possible buy are to get long. Make your comments.
DAX 9733 May Lows Critical Level to WatchMy stop profit was actived at 10.037 (DAX futures) during this night. For now i am out, waiting where DAX wants to go. May lows is the key for bulls and bears at this moment. Has you see DAX break the ascendant channel. If DAX close below 9.733 a re-test of february is a option.
DAX Key Support at 9,900DAX Look: return to levels of demand
The key short-term support is at 9,900 points.
DAX drop 1,03% which falls at about 14:30 hours of today's session. This has led to the price of our indice to close the gap at 10.057 points. Short-term the trend is bullish (until the price stay inside the channel DAX still in bullish mode) . We do not appreciate any sign of weakness but to see a very bullish signal should wait for a close above 10.365 points (highs of this week).
DAX still inside the new upside channelDAX is near to close the 10.057 gap. I will advice re-open (add more) longs at this levels
DAX, ready for drop off?Messy as f*ck, but let'see if the count is right. Confirmed after breaking yellow box. This is a continuation of "LET'S GO DIPPING" related idea.
DAX 30 Bearish CYPHER PATTERN @ 10014Hi guys,
This is my first post regarding any indices or stocks as I was performing some back-testing of pattern formations on them.
This is a bearish CYPHER pattern @ 10014 and stop loss will be placed above the X leg which we use as good resistance in this case. Targets will be at the 38.2% and 61.8% retracement levels. IF/WHEN first targets are met, half of the position would be closed for profit and stop loss for the second half of the position will be moved to break-even, ensuring a risk-free trade.
Thank you for your support.
Trade Numbers:
Risk: 97 points x 2 = 194 points
Reward #1: 97 points. R:R = 1:1
Reward #2: 156 points. R:R = 1:1.6
Plan your trade... Trade your plan.
DAX Bull Zig ZagFor the 1st in the last 12 months DAX make a new higher high. Of course DAX will have some pullbacks in this travel to new all time highs.
Time to short sell german 30 From April 07 lowest point 9467 until the highest point in April 21 1044 pipps 9.95% increased ! Does the ger30 will continue going up without any big drawdown ? No way ! i wil start short sell this index now so set sell limit around 10450-10500 first target 10240 second target 10160 ! . other scenario if German 30 continue going up and break 10500 resistance. then first target 10650 second target 10860 .. if it hit 11000 OMG i will strong sell this index !! !
Another Story: Bears Resting. We have seen a Strong Bear move with 4 of 5 days as bearish.
However the previous swing low hasn't been breached yet.
Bears will make second attempt to do so, at favorable levels.
Current bulls, unless they get reinforcements will likely give way to next swing low.
So,
IF Bulls gets re-reinforcements a double top or retest of consolidation zone.
IF More Bears join the party, looking for break of previous lows.
More,likely a consolidation phase coming up.
Its time folks ! short that mtfcrI made a easy comparison of dax 2004-2008 and 2012-2016
Its said things go in cyckles
DAX to go down lower the next days??Alongside negative divergences in RSI, MACD and AO i spotted that price action is making lower highs and lower lows.. also kijun crossed tenkan to bearish and ichimoku cloud turned to bearish. I think not confirmed yet. But when it goes on with lower highs and lower lows this should lead down south.
DAX30, shorting setup!DAX30 is about to hit a resistance level that previously got double topped+the current bearish trend line.
Chances are high that it will not break 9560-ish level. Thus I would see it a very good and relatively safe opportunity to go short on this one!
Safe and successful trading!
