Dax40short
GDAX DAX 40 (German 40) Technical Analysis & Trade IdeaTheres a full video analysis posted before this.
The DAX 40's recent bullish surge reveals signs of exhaustion on the monthly and weekly charts. Lower timeframes suggest a manipulative price structure primed for a potential trend reversal.
Here's the breakdown:
- Overextension: Extended trends often succumb to corrections or shifts in direction. The DAX 40 appears ripe for such a move.
- Liquidity Engineering: The 4-hour and daily price action hints at manipulation. The downside breakout followed by a stop-loss raid indicates possible accumulation to fuel a bearish move.
- Reversal Pattern: This market behavior aligns with recurring reversal setups I've observed consistently throughout my trading experience.
Trade Idea
- Direction: Short (with the potential for significant downside)
- Timeframe: Expect bearish momentum through February and March.
- Monitor: Watch for validation on lower timeframes (e.g., a bearish break of the current range).
- Risk Management: Set appropriate stop-loss levels based on your risk tolerance.
Disclaimer
This analysis is for informational purposes and does not constitute financial advice. Before making any trades, perform your own in-depth research and exercise prudent risk management.
GDAX DAX 40 (German 40) Technical Analysis & Trade IdeaGDAX DAX 40 (German 40) Technical Analysis & Trade Idea
The DAX 40's recent bullish surge reveals signs of exhaustion on the monthly and weekly charts. Lower timeframes suggest a manipulative price structure primed for a potential trend reversal.
Here's the breakdown:
- Overextension: Extended trends often succumb to corrections or shifts in direction. The DAX 40 appears ripe for such a move.
- Liquidity Engineering: The 4-hour and daily price action hints at manipulation. The downside breakout followed by a stop-loss raid indicates possible accumulation to fuel a bearish move.
- Reversal Pattern: This market behavior aligns with recurring reversal setups I've observed consistently throughout my trading experience.
Trade Idea
- Direction: Short (with the potential for significant downside)
- Timeframe: Expect bearish momentum through February and March.
- Monitor: Watch for validation on lower timeframes (e.g., a bearish break of the current range).
- Risk Management: Set appropriate stop-loss levels based on your risk tolerance.
Disclaimer
This analysis is for informational purposes and does not constitute financial advice. Before making any trades, perform your own in-depth research and exercise prudent risk management.
Critical 4 weeks for DAX Following weekly chart.
The last time when I get a short signal to in weekly chart was 4 weeks before COVID crash. (red area in the chart)
Now I got the same signal and unfortunately this is the most trustworthy signal for me.
I think this 4 weeks are really critical and what I expect is we might way to go to gaps below.
Be careful and be careful!
DAX40 - Sell SignalDAX40 H4
Same thing applies here for DAX, you can see clearly how high we are trading from the D1 timeframe, analysis scaled into the H4 however. Alerts adjusted slightly for that 16005 sell zone price now. Really hoping to catch something right down towards 15740. Patience pays. US100 no doubt looking more attractive, but more susceptible to US figures manipulation.
Ger30I laid everything on the charts refer to it and you'll find yourselves in a good swing entry, be patient and yoou'll find your rhythm, it all depends on price action.
Sell DAXBearish flag and a turnaround yesterday right on the fib 50 level. Now it's trading around 14300 and the price tested the fib 38.2 level.
I think it will break the flag in the next one or two hours and afterwards move towards the Thursday lows. A break through the support at 14190 will give the price more downside momentum.
My first target is the fib 100% extension at 13990 which lies well at the august highs at 13980. The second target is the fib 161.8% extension at 13745 which is a bit higher than the Nov 8 highs.
GER40 to extend losses?GER40 - Intraday - We look to Sell a break of 14239 (stop at 14331)
Short term bias has turned negative.
The trend of higher intraday lows has also been broken.
Our outlook is bearish.
We look for losses to be extended today.
A break of yesterdays low would confirm bearish momentum.
20 1day EMA is at 14240.
Our profit targets will be 14012 and 13962
Resistance: 14330 / 14380 / 14450
Support: 14240 / 14150 / 14000
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
GER40 to extended losses from engulfing.GER40 - Intraday - We look to Sell a break of 14319 (stop at 14401)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Posted a Treble Top formation.
A bearish Head and Shoulders is forming.
A break of yesterdays low would confirm bearish momentum.
Bearish engulfing has been posted on last candle.
Our profit targets will be 14131 and 14081
Resistance: 14450 / 14500 / 14583
Support: 14340 / 14250 / 14150
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
DE40 posted a treble top.GER40 - Intraday - We look to Sell at 14549 (stop at 14631)
We are trading at overbought extremes.
Posted a Treble Top formation.
Rallies should be capped by yesterday's high.
We look for a temporary move higher.
Bearish divergence is expected to cap gains.
Our profit targets will be 14346 and 14306
Resistance: 14500 / 14550 / 14583
Support: 14440 / 14380 / 14300
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Selling DE40 at market.GER40 - Intraday - We look to Sell at 14439 (stop at 14521)
We are trading at overbought extremes.
Bearish divergence is expected to cap gains.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
We look for a temporary move higher.
The bearish engulfing candle on the 4 hour chart is negative for sentiment.
Our profit targets will be 14222 and 14162
Resistance: 14400 / 14470 / 14600
Support: 14350 / 14300 / 14250
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
GER40 with stalled bullish momentum.GER40 - Intraday - We look to Sell a break of 14119 (stop at 14226)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Spikes (rejections) can be seen in both directions highlighting indecision.
We are trading at overbought extremes.
A higher correction is expected.
A break of the recent low at 14123 should result in a further move lower.
Our profit targets will be 13851 and 13801
Resistance: 14320 / 14400 / 14440
Support: 14200 / 14123 / 14000
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
The DAX could retrace further from its ‘bull market’ thresholdThe DAX entered a technical bull market on Tuesday by closing just over 20% higher from its September low. I have lost count the amount of times I have seen a market pull back from the 20% threshold (which is based on no logic that I can see, other than being a nice round number) – so that is just the first clue that the DAX could pull back further.
But we also saw two Doji candles leading into the high, prices were rising on lower volume, and a bearish divergence has formed on the stochastic oscillator. Therefore, the bias is for a retracement towards the 14,000 area whilst prices remains beneath 14,440. At which point we can re-evaluate its potential for a move up to the 14,709 high. A break above this week’s high assumes bullish continuation.
DAX 40 - 123 Breakout Strategy SetupToday we are trading the DAX 40 (DE40) in the 15-minute time frame. We are using the strategy that I have titled “1 2 3 Break-out Strategy”
In previous videos and posts, I have explained exactly what to look for regarding the criteria and the setups that need to be in play for us to determine the correct entry, stop loss and take profit targets.
I have also explained that we use the London session primarily to find our entry. Please note that If we do not find an entry in the London session, we then keep our eyes on the chart throughout the day as sometimes the entry can come a little later, and in some cases we even see it happen during the New York market trading session.
This strategy uses a previous range that was set either in the previous day's Asian trading market session or if the price was trapped in a trading range for longer, we use that range as our points of interest. It does not matter how long the price is trapped inside of a range because this strategy is simply a breakout strategy. So we have to make sure our range is determined before we can spot our break out.
Now, what is important to note is that ranges do not need to have support zones and resistance zones perfectly horizontal. We can have all types of Support / Resistance zones. Sometimes these zones work at different angles. As long we can see price respecting these zones and bouncing off of them for a minimum of two taps.
I have called the strategy the 1 2 3 Break out strategy because I believe the best setups occur when we see three taps before the breakout. In the video below, you will see how I explain this.
Trading is very subjective and it is easy to make our eyes see exactly what we want. We can make any zone on the chart have multiple taps, but the trick is to use the correct levels where, with an objective view, we can see that the price has indeed bounced off of these zones.
The breakout candle should never be larger than 100 pips. I always like to make sure it's less than 90.
My entry was at the price point of 12485.0
My stop Loss is 12580.7
My Take profit is 12321.4
Hope you all have a good weekend.
The Vortex Trader
DAX 40 - 123 Break-out Strategy EntryToday we are trading the DAX 40 (DE40) in the 15-minute time frame. We are using the strategy that I have titled “ 1 2 3 Break-out Strategy”
In previous videos and posts, I have explained exactly what to look for regarding the criteria and the setups that need to be in play for us to determine the correct entry, stop loss and take profit targets.
I have also explained that we use the London session primarily to find our entry. Please note that If we do not find an entry in the London session, we then keep our eyes on the chart throughout the day as sometimes the entry can come a little later, and in some cases we even see it happen during the New York market trading session.
This strategy uses a previous range that was set either in the previous day's Asian trading market session or if the price was trapped in a trading range for longer, we use that range as our points of interest. It does not matter how long the price is trapped inside of a range because this strategy is simply a breakout strategy. So we have to make sure our range is determined before we can spot our break out.
Now, what is important to note is that ranges do not need to have support zones and resistance zones perfectly horizontal. We can have all types of Support / Resistance zones. Sometimes these zones work at different angles. As long we can see price respecting these zones and bouncing off of them for a minimum of two taps.
I have called the strategy the 1 2 3 Break out strategy because I believe the best setups occur when we see three taps before the breakout.
Trading is very subjective and it is easy to make our eyes see exactly what we want. We can make any zone on the chart have multiple taps, but the trick is to use the correct levels where, with an objective view, we can see that the price has indeed bounced off of these zones.
The breakout candle should never be larger than 100 pips. I always like to make sure it's less than 90.
My entry was at the price point of 12485.0
My stop Loss is 12580.7
My Take profit is 12321.4
Hope you all have a good weekend.
The Vortex Trader
DAX 40 Scalping Signal Reaches TargetToday we are trading the DAX 40 (DE40) on the 15-minute time frame. We are using the scalping breakout London session strategy. We can see that an hour before the London market opened we had our break-out candle which took out the previous points of support set during the Asian Market session.
I have put a green box around the break-out candle. This impulsive breakout candle was our short entry signal. The candle itself broke through the support levels around 12648 and closed slightly below the deepest wick (depending on which exchange you were looking at)
To have a successful short entry signal, we need to see the impulsive breakout candle close very close to its low. We also need to see the top part of the candle sit through the moving average. Once we see this, our signal is activated.
Now, how do we manage to catch these signals? Like I have said in previous posts, we need to watch the charts an hour before the London market opens up because the breakout may come early as it did today. The candles do not necessarily have to break out of the Asian zone as the London market opens up. Market makers and institutions can decide to break out of any range and at any point. So, rather make sure you are awake and in front of the charts an hour before the London session begins. This will ensure that you are around to catch any possible moves.
We entered into a short position as the breakout candle closed. We used a market order and placed our targets at around 12548 ensuring we can get a risk to reward of one to two.
Our 10 pip stop loss was set above the top of the breakout candle at 12680.
If you have the time to scalp the DAX on the 15-minute chart, then my advice would be to give this strategy a chance. Before using it on a live account, make sure to back-test it thoroughly to increase and develop confidence and comfortability.
Scalping is a different beast completely when comparing it to swing trading. Those of you that follow our youtube channel know that I enjoy doing both of these. I am primarily a swing trader and I enjoy using order blocks on the 4-hour time frame for three of the major currency pairs.
However, when I have the time to sit in front of the charts, I do enjoy scalping the DAX on the 15-minute chart during the London and Newyork Market sessions. We tend to see a lot of volatility around the opening of these sessions and this volatility can be a day trader's best friend. This is what we need to make money and secure profits.
Selling previous GER40 support.GER40 - Intraday 9pm UK expiry - We look to Sell at 12185 (stop at 12256)
Daily signals are bearish.
Our bespoke support of 12200 has been clearly broken.
Previous support at 12200 now becomes resistance.
Preferred trade is to sell into rallies.
Our profit targets will be 12004 and 11964
Resistance: 12000 / 12100 / 12200
Support: 11900 / 11800 / 11700
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.