Daxanalysis
DAX : horizontal trend rangeDAX is floating in the horizontal trend range, although there are bearish divergences, we can look at the chart for an uptrend if the price of 13.245 is crossed with a voluminous candlestick. With the downward break of 12.960, the first target will be 12.710.
DAX Trading Opportunity Dax is trading inside a rising channel will look for short opportunity on retest of upper boundary of channel.
Sell confirmation DAX30Doji candlestick formed on the resistance level meaning the sellers has taken over the market and pushing it to the support level 1 or 2
13.830 target at Dax #GRXEUR #DAX #DAX30 #tradingviewThat would be my idea for this week in DAX30.
RRR: 5.69 to 1
Entry 13,240
Target: 13,830
SL: 13,135
DAX30 - A closer look on 2h chartDAX30 did check the resistance and shows signs of a possible drop.
Take a look at our 2-hour candles chart, with key price levels
Dax to 20.000 points? #dax #dax30 #grxeur #tradingviewDax to 20.000 points #dax #dax30 #grxeur #tradingview
Real economy? What is that?
National debt? Nobody is interested!
Tax losses? ECB helps out!
Basic Law? Is restricted! Who Care's?
pension system? We live in the here and now!
Pension scheme? Shares are devil's stuff, buy government bonds & insurance!
Proportionality of measures? Where no prosecutor, there is no judge!
.....
The social system is in the bucket, the economy is broken, government bonds are worth nothing more. Save yourself who can.
The flight into at present still liquid real assets is in full swing.
If no party on the weekend then at least during the week at the stock exchange.
All-in?
(Remember a Story of my grandmother Rosa (1907 - 1999) and her sister Aunt Ida (1916 -2007) - God rest her soul.
Makes it best like the fox and the wolf that fill up their stomachs at the Farmers cellar.
Eat yes, but test again and again if you still fit enough to come through the cellar window.
At least that's how the fox did it, because when the landlord (farmer) finishes the eating party, the wolf is shot because he has turned to fat, and only the fox fits through the window.
So when the next round is played on the dance floor, we dance along, but always have the cellar door and the cellar window in view.
Greeting from Hannover
Stefan Bode
DAX30 -Time to Sell again?We got smashed last week but we are still alive.
Time to short this baby again.
Find our chart with key levels.
Dax- potential drop of 700 pointsDax is trading above 13k figure, a zone that provided a strong sell zone since June.
I believe this time is no different and, with the "vaccine effect" gone the German index will fall to at least 12.500 support.
Also, a sell trade above 13150k can have a strong 1:4 R:R
GERMANY DAX 30 - 5 Waves Up Since 2009 Almost CompleteThis market follows a similar pattern as the DOW JONES however Wave (C) is not an ending diagonal.
Waves i, iii, and v are 5 Wave moves.
Waves ii and iv do not overlap.
Wave v is already a similar length to wave iii so I expect one more all time high before wave v is complete.
I have linked related ideas below.
Please LIKE and FOLLOW to get notification of updates and future posts.
DAX with major confluenceThe market is currently at a strong area of resistance which closed with a shooting start candlestick formation and has tested the area multiple times in the past 24 hours which is a good indication that the market could possibly turn around. The MACD shows along with the ADX and DI show that the bullish trend has weakened coupled with it being on a 61.8% Fibonacci retracement level. These three tools create confluence, a good entry would be a break of the trend line and a retest of the 61,8 fib.
DAX30 - Synopsis of our 3 positionsA Synopsis of our 3 trades (and ideas):
OCT 12 IDEA 1ST TRADE
NOV 4 IDEA 2ND TRADE (COMPOUNDING THE 1ST)
NO5 IDEA 3RD TRADE (DCA THE 2ND TRADE)
Dax30- time to sell?After reaching my 11500 target, the German index had a false break under support and reversed.
Now is trading exactly in resistance (12500) which is also the neck-line support of H&S.
A new leg down is probable from this point and also we can have a great R:R if the index is retesting 11500 zone
DAX30 - UpdatedVery volatile last 48 hours because of US elections. US indices rose massively and DAX followed.
Fundamental is stronger than technical but now we will gradually see technical analysis take over again.
Find on our chart the next resistance level and remember to trade carefully these days.
DAX30- We did it again! (Dropped right on our resistance)FIRST~: PLEASE CHECK YESTERDAY'S IDEA
So, the chart never lies: the resistance level we had calculated acted perfectly , as the price dropped as soon as it was checked.
Our stop loss is now at entry point and we are expecting to see (hopefully) the drop further down.
Most importantly: DO YOU HAVE A TRADING STRATEGY?
Drawing a chart is part of the success but the most important element of trading is to have a Strategy that works.
How did we trade this?
Well we had a first sell position from last month, opened a second one yesterday earlier in the day and a third one when the price went to the resistance and a compounded 4th position after it started dropping.
Right now our risk is ZERO and the potential for a profit is huge, as if it drops we will take profit 4 times.
DAX30 - Closer to resistance levelsLet's see if the levels will be causing a reversal in the price movemrnt.
We have calculated these levels on M,W,D,4H charts
We made Top-Authors on DAX- Let's see what's next nowSo we sold Dax at very good times, twice, not let's see what is next.
We have calculated our support and resistance levels for you.
THANKS FOR BRINGING US TO TOP-AUTHORS FOR DAX30
Dax New Analysis And Free 500 Pips Here Dax New Analysis And Free 500 Pips Here
This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Dax30- Where to short it?My 11500 target was hit and now the German index is consolidating just above this support.
A correction from this point is not out of the question but with EU imminent lockdown I expect this to be short-lived and a new leg down is just around the corner.
12k zone is a great place to sell Dax30 and a target of 10k for swing traders is very probable
DAX30 - New sell levelDouble breach of broken support level. According to our technical analysis we expect a further drop to the 10400 level
It worked in our previous idea, let's hope it works now too.
#Dax - New #AllTimeHighs possible? Dax30 #tradingview #GRXEURHow can we protect ourselves from destructive politics?
Is the next wave of flight from money values to shares, precious metals, cryptos?
The possibility exists, because the minimum correction has been fulfilled and the Dax is reacting and turning north.
Is this the starting signal for the next catastrophe boom?
AIL - All In Long?
Questioning greetings from Hanover, Lower Saxony
Stefan Bode
