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Dax40short

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.
DShort
by TheVortexTrader
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.
OANDA:DE30EURShort
by OANDA
Jamie Gun2Head - Selling Dax AGAIN!!!Trade Idea: Selling Dax (again) Reasoning: At key resistance level - looking for a move lower, MACD divergence !! Entry Level: 14546 Take Profit Level: 14290 Stop Loss: 14644 Risk/Reward: 2.61:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
FOREXCOM:GER40Short
by Signal_Centre
Potential Shark Forming 🦈🦈GER30 - Another shark (You see the trend) Here i'm waiting for price to hit either the .886 of this shark or the demand zone below, with the current outlook across the stocks i'm looking for a bullish push before a retracement then continuations! Let me know your thoughts! * Disclaimer ** These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
G
by benalistarfx