Get started

Dax40

Daily analysis & day trading setups DAX DAX40 DE30EUR 09 SEP 22Happy Friday, DAX keeps entering and failing the zone starting at 12928. Yesterday's key levels are still in play. You can find it by clicking here (Opens in a new tab/windows so you will not lose this) In the absence of a catalytic news, it is likely to post an inside daily bar. So today's range is constrained by yesterday's OHLC Macro EU ECB Lagarde Speech, CAD Unemployment Rate, US Fed Waller Speech Buy Break: 12 975, 13 030, 091 Reversal: 12 855, 785, 678, 617, 554 Sell Break: 12 871, 797, 695 Reversal: 12 991, 13 044, 108, 160 I regularly publish my daily analysis & trading plan for day trading setups. The links are here: NASDAQ DAX SPX Green Goblin levels are here >>> Fibonacci Confluence levels are here >>>
OANDA:DE30EUR
by TradingIndian
Daily analysis & day trading setups DAX DAX40 DE30EUR 08 SEP 22Happy Thursday, Market will be nitpicking at the coordinated CB speeches today so get ready for some choppiness and sideways moves DAX has 12928 to 13154 range with mid zone at 49 to 55 In case of extreme moves beyond buying & selling levels ↗️ Upside key levels: 13 052, 125, 197, 294 & 432 ↘️ Downside key levels: 12 955, 817, 678, 582, 509 Macro EU ECB Monetary Policy Decision, Lagarde Speech, US Jobless Claims, Fed Powell Speech, CAD BoC Rogers Speech Buy Break: 13 055, 93, 145, 215 Reversal: 12 975, 920, 860, 786, 718 Sell Break: 12 993, 936, 871, 805 Reversal: 13 108, 163, 229, 288 I regularly publish my daily analysis & trading plan for day trading setups. The links are here: NASDAQ DAX SPX Green Goblin levels are here >>> Fibonacci Confluence levels are here >>>
OANDA:DE30EUR
by TradingIndian
Daily analysis & day trading setups DAX DAX40 DE30EUR 07 SEP 22Happy Wednesday, We are in bataille royale now - 12600 to 13k. Whoever crosses the line first wins in whichever direction. Mind the gap - 90 pts lower open overnight so it can go to 12810 first to bridge the gap. Levels to watch on upside are 12 767, 881, 974, 13 088 Levels to watch on the downside are 12 724, 674, 561, 474, 416 Macro GB BOE MP Report, Bailey Speech, EU GDP, US Trade Balance, Fed Brainard Speech, Fed Beige Book, CAD Interest Rate Buy Break: 12 810, 905, 13 012 Reversal: 12 660, 582, 492, 430 Sell Break: 12 721, 678, 596 Reversal: 826, 928, 13 030, 110 I regularly publish my daily analysis & trading plan for day trading setups. The links are here: NASDAQ DAX SPX Green Goblin levels are here >>> Fibonacci Confluence levels are here >>>
OANDA:DE30EUR
by TradingIndian
Daily analysis & day trading setups DAX DAX40 DE30EUR 06 SEP 22Happy Tuesday, Happy PMI Day, Line in the sand for DAX is 12817 but it is dealing with all important levels of market structure between August low of 702 & close of 817. A decisive move breaking of one of the levels and then continuing will set the direction. Levels to watch today are 442, 677, 940 & 991 Macro US S&P PMI, ISM Employment Index, New Orders Index, Services PMI, Services Prices Paid Buy Break: 12 750, 786, 848, 886, 924 Reversal: 12 709, 657, 630, 603, 565 Sell Break: 12 709, 641, 603, 554 Reversal: 12 764, 848, 886, 924, 977, 13 004 I regularly publish my daily analysis & trading plan for day trading setups. The links are here: NASDAQ DAX SPX Green Goblin levels are here >>> Fibonacci Confluence levels are here >>>
OANDA:DE30EUR
by TradingIndian
DAX 40 – Cash: Bearish Pin Bar SignalDAX 40 – Cash:  Selling On Retracement To Within The Range Of Bearish Long-Tailed Pin Bar Signal Price Action: Price formed a Bearish Long-Tailed Pin Bar Signal late last week. Price exploded lower from the Bearish Multi-Bar Fakey Setup that had triggered on Wednesday, August 17th (We did not consider trading this setup, nor did we mention it at the time it formed). Potential Trade Idea 1: We are considering selling on a retracement higher to within the range of the current Bearish Long-Tailed Pin Bar Signal. Potential Trade Idea 2: We are considering selling on a retracement higher and after a price action signal, at or just under the 13665 – 13970 short-term resistance area, which also coincides with the recent Bearish Multi-Bar Fakey Setup that had triggered on Wednesday, August 17th.
PEPPERSTONE:GER40Short
by UnknownUnicorn393254
Daily analysis & day trading setups DAX DAX40 DE30EUR 05 SEP 22Happy Monday, Happy New Week, Trading may remain thin post London open due to Labor Day holiday in the US. So get ready for erratic price action on already very thin volumes. We are an inflection point. DAX now has more hoops to jump going up than going down. Level to watch are 12 688, 702, 818 on the upside for bullish indication. Break of 12 600, 560 & 442 will put bears in the driving seat. Macro EU DE+GB Composite PMI, Retail Sales Buy Break: 12 616, 680, 780 Reversal: 548, 463, 371, 307 Sell Break: 12 632, 560, 475 Reversal: 12 695, 795, 902, 13 015 I regularly publish my daily analysis & trading plan for day trading setups. The links are here: NASDAQ DAX SPX Green Goblin levels are here >>> Fibonacci Confluence levels are here >>>
OANDA:DE30EUR
by TradingIndian
Daily analysis & day trading setups DAX DAX40 DE30EUR 02 SEP 22Happy Friday, Happy NFP Day, Bold prediction: if DAX crosses 12587 & goes below 12352, it will break 12k and we will be going back to bear market Today we are likely to push back above 860 to close the week with a reversal candle. Move towards 598 & break of that will attract it to 376 & onwards Macro US Avg Hourly Earnings, Labor Force Participation, NFP Buy Break: 12 745, 795, 865, 917, 991 Reversal: 12 647, 598, 549, 510, 463 Sell Break: 12 733, 698, 647, 591, 559 Reversal: 12 817, 877, 926, 991, 123035, 106 I regularly publish my daily analysis & trading plan for day trading setups. The links are here: NASDAQ DAX SPX Green Goblin levels are here >>> Fibonacci Confluence levels are here >>>
OANDA:DE30EUR
by TradingIndian
Daily analysis & day trading setups DAX DAX40 DE30EUR 01 SEP 22Happy September, Happy Thursday, DAX will cause some serious damage if it loses 12702 & 12677. The next level will be 12442 followed by 12323 On the upside, it is now firmly capped at 13k as bears now taking the charge. I am making a bold prediction here - the probability of 9943 followed by 9370 has gone up significantly If you are thinking of buying the dip or going long, think carefully, seriously Macro EU DE Mfg PMI, GB Mfg PMI, EU Unemployment Rate, US Jobless Claims, Nonfarm productivity, Labor Costs, Mfg PMI, Employment Index, New Orders Index Buy Break: 12 750, 795, 820, 870, 920 Reversal: 12 702, 677, 622, 585 Sell Break: 12 725, 690, 648, 587, 530 Reversal: 12 805, 858, 925, 991, 13090 I regularly publish my daily analysis & trading plan for day trading setups. The links are here: NASDAQ DAX SPX Green Goblin levels are here >>> Fibonacci Confluence levels are here >>>
OANDA:DE30EUR
by TradingIndian
DAX40 Double Bottom Formation In The 4 Hour ChartI am looking at a possible double bottom formation on the DAX40 on the 4-hour chart. We have seen nothing but bearish price action since we hit the daily resistance level around the 1395 price point on the 17th of August. Since then we have been making lower lows and lower highs, forming a descending trend line. We have tested this descending trend line twice. What is interesting about the second time we touched the trend line is that the second tap coincided nicely with retesting previous support flipped resistance. I have highlighted the neckline in yellow and have extended this zone to the left and right and we can see that the top of the current double bottom neckline is testing resistance that was once support if we look to the left. So we have some nice confluences here lining up already. Looking at the two bottom peaks, we can see they are around the same price level but looking below at the MACD, we clearly can see full divergence. The Histogram is weakening and the MA lines are trending upwards as well. This means that the bears (sellers) are weakening and at some point, the bulls (buyers) should be stepping in and taking control. When trading double tops and double bottoms, we always look for full divergence because this adds confidence and confluence to the setup. Now, to confirm this double-bottom formation, we need the rest of the formation to play out. We need the price to move impulsively upwards pushing past the descending trend line, then push and close above the neckline. We also need to see strong bullish volume accompany that bullish move. If we see that, and only If we see that, I will then be looking at reasons to go long. I will be waiting for a retrace back into the neckline and enter somewhere inside of the neckline retest. My targets will be previous daily resistance. Currently, we are still ways away from something like this happening. However, I wanted to bring this to your attention because it is good to be able to see patterns begin to form early. This helps us keep an eye on it and set alerts if need be. This also trains our eyes and gives us the ability to spot these patterns in the smaller time frames where the action occurs much quicker and decisions need to be made must faster. Let's watch what happens. If the double bottom formation doesn’t form and the price continues to drop, we may look for further short opportunities and other pattern formations. We can only trade what the charts give us. Hope you all have a fantastic first of September. See you on the next one. The Vortex Trader
OANDA:DE30EURLong
by TheVortexTrader
2
Daily analysis & day trading setups - DAX DAX40 DE30EUR 20220831Happy month end, Happy Midweek, Happy Wednesday, Bulls have managed to regain 13k overnight. So 13k is line in the sand. 13 125 now is the key level on the upside. Any break below 12 850 will confirm bear strength. Last day of the volatime month. Macro EU DE Unemployment, HICP, US Employment Change, Chicago PMI Buy Break: 13 045, 088, 110, 150 Reversal: 12 998, 935, 850, 815, 738, 690 Sell Break: 13 013, 12 942, 870, 810, 775 Reversal: 13 094, 125, 154, 219, 290 I regularly publish my daily analysis & trading plan for day trading setups. The links are here: NASDAQ DAX SPX Green Goblin levels are here >>> Fibonacci Confluence levels are here >>>
OANDA:DE30EUR
by TradingIndian
Daily analysis & day trading setups - DAX DAX40 DE30EUR 20220830Happy Tuesday, Unless DAX regains 13k and breaks above 13 100, it can still go either way. Bears do want to break yesterday's low and create LL. Line in the sand is 12 850 Macro EU Business Climate, Consumer Confidence, HICP, US Housing Price Index, Consumer Confidence, Fed's Williams Speech Buy Break: 12 940, 990, 13 060, 085 Reversal: 12 890, 825, 735, 700, 675 Sell Break: 12 905, 850, 795, 750, 700 Reversal: 13 010, 095, 130, 215 I regularly publish my daily analysis & trading plan for day trading setups. The links are here: NASDAQ DAX SPX Green Goblin levels are here >>> Fibonacci Confluence levels are here >>>
OANDA:DE30EUR
by TradingIndian
Daily analysis & day trading setups - DAX DAX40 DE30EUR 20220829Happy New Week, Happy Monday, DAX has broken 13K and got itself in some trouble here. 12675 & 11895 are two very important levels to watch. Bulls need to bring it back above 13440 & 14085 to get back the control. Overnight drop in Dax has shown continuous selling pressure which is not good for bulls, going into another vital week with month end falling right in the middle of the week. Macro ECB Lane Speech, US Fed's Brainard Speech Buy Break: 12 860, 970, 13 052 Reversal: 12 735, 655, 580, 525, 440 Sell Break: 12 750, 665, 590 Reversal: 12 885, 990, 13 070, 175, 225, 270 I regularly publish my daily analysis & trading plan for day trading setups. The links are here: NASDAQ DAX SPX Green Goblin levels are here >>> Fibonacci Confluence levels are here >>>
OANDA:DE30EUR
by TradingIndian
Daily analysis & day trading setups - DAX DAX30 DE30EUR 20220825Happy Friday, Are you ready to rock & roll!!!??? Today may turn out to be when either bulls or bears finally find their way. The tug of war may end today with JP's speech at JH Symposium at 3 pm London time. DAX30 is hanging on to dear life at 13300. Bulls need to move above 13360 creating HL/HH. If DAX40 moves there, watch out for strong reaction at 13440. On the downside, 50 DMA are of 215 to 230 is still in play. Macro US Core PCE, PI/PS, Power Speech, Michigan Cons. Sent. Index Buy Break: 13 340, 370, 445, 520 Reversal: 295, 260, 210, 180, 110 Sell Break: 13 295, 250, 215, 160 Reversal: 13 375, 425, 465, 515, 550, 620 I regularly publish my daily analysis & trading plan for day trading setups. The links are here: NASDAQ DAX SPX Green Goblin levels are here >>> Fibonacci Confluence levels are here >>>
OANDA:DE30EUR
by TradingIndian
3
Daily analysis & day trading setups - DAX DE30EUR 20220825 Happy Thursday, Happy GDP Day, As I am publishing this, DAX has already pumped higher based on DE GDP positive data. May be, the doomsayers are afterall losing their story. DAX is now aiming to takeout 13440 and go for 100 DMA at 13638. This may bring us firmly into bull territory. Our line in the sand today is 13230 Macro EU DE Business Climate, ECB MPM Accounts, US GDP, Jobless Claims, Jackson Hole Buy Break: 13 330, 390, 415, 440 Reversal: 13 295, 265, 230, 180 Sell Break: 13 300, 285, 240, 180 Reversal: 13 390, 440, 475 I regularly publish my daily analysis & trading plan for day trading setups. The links are here: NASDAQ DAX SPX Green Goblin levels are here >>> Fibonacci Confluence levels are here >>>
OANDA:DE30EUR
by TradingIndian
Update DAX; Tangible effects of romance.The DAX is moving according to my previous analysis for now. After touching the cloud on W1 and closing under the KIJUN in June, it is slowly, but steadily moving in a downward direction. That week, the price tested the KIJUN W1 again. In addition, on MN1 it is also bouncing off the KIJUN. For happiness it needs three arguments: price closing under the KIJUN MN1; price closing under the TENKAN W1; price closing under the D1 cloud. Friday's speech by Jerome Powell could get in the way. I have it in my head that there is still time and the Fed may still want to pull the markets out before the end of the year. But, even if that happens, I will only move my downward stance forward. Q4 2022 and Q1 2023 should bring negative data for the market - unemployment and persistent inflation. Germany has serious problems: rising inflation; rising ECB interest rates; the search for alternatives to energy from Russia. If bad unemployment data come on top of this, the DAX may not hold very high. That aside; I already have my first position at BE (price: 13877). If I hear a more 'hawkish' attitude from the Fed on Friday, I'll be looking for a top-up.
XETR:DAXShort
by Manticore_Investments
Daily analysis & day trading setups on DAX DE30EUR 20220824Happy Midweek, Happy Wednesday, DAX is at a precarious level. Bulls need to regain above 13275 & 13360. Bears are pushing to break 13050 & 12955. Line in the sand today is 13175. Macro EU DE 10y Bond Auction, US Durable Goods Order, Nondefense Capital Goods Orders, Pending Home Sales Buy Break: 13 160, 210, 265 Reversal: 13 085, 010, 12 985, 920, 870, 830 Sell Break: 13 100, 015, 12 925, 875 Reversal: 13 165, 220, 275, 345, 365 I regularly publish my daily analysis & trading plan for day trading setups. The links are here: NASDAQ DAX SPX Green Goblin levels are here >>> Fibonacci Confluence levels are here >>>
OANDA:DE30EUR
by TradingIndian