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.
Daxanalysis
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
#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
Dax30- Next station 11500?Since the beginning of July, Dax30 is consolidating(distribution in my opinion) in a timid H&S (timid because you can barely distinguish the head from the shoulders)
Now the price is at neck-line support and in case of a break the next target is 11500
Look to sell rallies or sell the break
DAX SHORT POSITION/MASSIVE PULLBACK BY GERMAN ECONOMY Hi guys.
Today i'm going to explain why do i expect a massive pullback in German economy.
Technicaly :
* Daily MACD bearish
* Weekly bear crossover projected to happend in a matter of weeks and manifest " in no time" so to say, because DAX index shows signs of SERIOUS WEAKNESS having on mind level (12.7xx index points).
* Wall Street so called " experts" claim that it's impossible to predict time frame, but that's their opinion and it's wrong, that's why I'm the one holding 4 WORLD RECORDS REGARDING STOCKS :)
-2676 billion $ SHORT on SPX
- 5000 billions $ SHORT on SPX
-25.000 billion $ SHORT on SPX
-40.000 billion $ SHORT on SPX
Here is 25.000 billion USD SHORT on S&P500 posted on January 30th (few days before collision from 3400---->2200 index points).
REGARDLESS OF HOW MUCH THEY ARE PAID, they don't have a clue and everything they do is "scalping" with large margins and nothing but that :)
YES, I CAN LAUGH THEM AT THE FACE AND PROVE THAT I M NUMBER 1 IN THE WORLD WITHOUT BEING MODEST, BUT ONLY OBJECTIVE AS ALWAYS.
Short your positions with marging which could go up to X10 (but super "safe play") is X4, X5 leverage.
Don't exagarate, don't blow your margins.
Once again, German economy is in front of massive collision (we've seen signs of serious weakness in March) when DAX sank to 8000 index points).
ECB in Frankfurt is trying to maintain liquidity with stimulative package of 750 billion euros + additional 250 billion euros which is only delaying of IMMINENT collision.
Please, don't buy on top, clear your positions and you will be more than good.
Thanks for reading and good luck to everyone following my Technical and Fundamental analysis.
Don't listen to guys who tell you it's " buy time" because ITS NOT !!!
Cheers.
From Serbia with love
Short position on daxA downward continuation pattern on Dax. Break of current support is highly possible then we hold till the below support and see how it reacts. What do you think?
DAX approaching retracement levelshi all,
In my previous analysis I expected the DAX to trust from an Ending Diagonal Triangle. Now this thrust happened and DAX is approaching significant retracement levels.
I expect DAX to retrace either to 32,8 fib or the level above in the chart. Afterwards wait for price to break confirmation level. Probability is high that DAX will resume downtrend in Wave iii of (3).
Kind Regards,
Merakshi
Dax30- Rising wedge warns of o possible correctionUnlike American Indices, Dax did not made a new high on this previous leg of euphoria, and from June, the rise is forming a rising wedge.
This should be a signal for bulls that the optimism will come to an end soon and at least a correction is near.
I would pay attention to price action under 13k zone and be prepared for a medium-term sell trade
DAX30 Hello Traders,
if you agree with my ideas put a like and feel free leave a comment to link your trading ideas.
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FDAX1! - Forecast - 18/08/2020 (following 17/08 forecast)SHORT FDAX1!
ENTRY LEVEL 1 @ 12923
SL @ 12990
TP @ 12550 RR5.56
Risk 0.5%
ENTRY LEVEL 2 @ 12948
SL @ 12990
TP @ 12550 RR9.47
Risk 0.5%
ENTRY LEVEL 3 @ 12964
SL @ 12990
TP @ 12550 RR15.92
Risk 0.5%
(SELL ORDER ACTIVE 17/08/2020 :
ENTRY LEVEL 1
ENTRY LEVEL 2)
DaxHello traders, here is the analysis from our team :
we like the 12880 be taken out first.
then buy up.
buy up : 12880
tp#1 12883
tp#2 12885
tp#3 12893
stop: 12867
Let us know in the comment section below if you have any questions.😉