DAX could MOVE UP!hey tradomaniacs,
Market is currently shaky and volatile but I don`t see any reasons for the recent moves in terms of fundamentals and correlations.
US-DOLLAR has corrected a little bit due to drastic moves down in indicies with the opening of the london-session.
If these moves were legit we would see a drastic continuation, which is currently not the case.
DAX30 👉
#Washouts
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Peace and good trades
Irasor
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Daxanalysis
DAX COULD RISE! hey tradomaniacs,
DAX has jsut re-tested a very nice suppor-zone with possible bullush confluence!
Be carefull with USD-Longs as many indicies have just tested strong support-zones!
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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DE30EUR 2021 Feb 08 Week
OANDA:DE30EUR
DE30EUR 2021 Feb 08 Week (Intraday)
Green/Red zones = preferred entry zone
D1 chart showing weakness
- shortening of thrust observed
- price advancing on decreasing volume
H4 chart similarly showing price advancing on diminishing volume
Also note the narrow range bars as it approaches the high.
if price forces through resistance and show rejection, it will be good opportunity to short.
Else just ride the channel
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Have a safe and profitable trading week ahead.
DAX could MOVE UP!Hey tradomaniacs,
looks like DAX wants to breakout and move up in order to continue teh current trend!
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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DE30EUR 2021 Feb 01 Week (intraday)
OANDA:DE30EUR
DE30EUR 2021 Feb 01 Week (Intraday)
Green/Red zones = preferred entry zone
Last week's theme was sell sell sell.
Immediate Resistant = 13568.6 - 13596
Immediate Support = 13307 - 13340
Support1 = 13031.9 - 13056
Support2 = 12855 - 12889
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Have a safe and profitable trading week ahead.
DAX - SUPPORT IS BEING TESTED ATMOur updated DAX chart. As the chart imposes a major support is being tested after the asset's failure to rise higher.
Eurozone is in trouble with France showing weekness and this might cause all European indices a correction. Italy and Spain as well as the rest of the PIGs are hustling with lockdowns.
Could this be the time to click on the Sell button? We will find out in the next few hours/days. I'm going short here and hedging with buying Nasdaq, but that's me guys.
DE30EUR 2021 Jan 25 Week
OANDA:DE30EUR
DE30EUR 2021 Jan 25 Week
Green/Red = Preferred entry
Look for entry opportunities in lower timeframe
A = Reversal
B = No result from effort
We may see some weakness.
Immediate Resistance = 13928
Immediate Support = 13843.6
Resistance3 = 14138
Resistance2 = 14044
Resistance1 = 13968
Support1 = 13742 - 13761
Support2 = 13675 - 13696
Support3 = 13569 - 13600
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Have a safe and successful trading week
DAX BUY SETUP Hey tradomaniacs,
I smell fake-moves in the Forexmarket...
US-DOLLAR retraced very well while the stockmarket moved up!
By the way: DAX (GER30) is giving is a great opportunity here 👉
US-DOLLAR should drop if Indicies continue to be that strong❗️
Since prices vary from broker to broker I make no detailed call here. ;-)
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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DAX: Head and Shoulders on its way?With all vaccine turbulences (how many doses can each country get, bureaucracy and so on) and covid19 cases going up in Germany (lockdown already updated until January 31), could we expect the formation of a H&S pattern by the end of next week? Also, Deutsche Bank is insanely overvalued at 9.530€.
DE30EUR 2021 Jan 06 Midweek Update
OANDA:DE30EUR
DE30EUR 2021 Jan 06 Midweek Update
Could this wide spread down bar on ultra high volume be accumulation?
Keep your eyes on 13681.
It is back into a previous supply zone, circled, so I'll be cautious at the moment.
If price goes below 13533 then we would likely see a change in trend.
13681 : if it holds, then we can see a test of the high.
Resistant1: 13890 - 13928
Resistant2: 14020
Resistant3: 14090
Support1: 13568 - 13590
Support2: 13458
Support3: 13349
Support4: 13233 - 13250
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ger30,DAX,DAX30, short this is a short as in it really near all time high and soon going to break because of global reasoner that are going in the upcoming time.
in a bigger picture it is following a very high push upwards so might as well go for another high records but it closely follows Dow. the new York exchange and hence can be highly volatile due to the pandemic .
overall many retailers want a short as it has been a very strong upwards sueeze but to cannot fight against the banks youll have to always respect the big sharks in the market
DAX - The secret to surviving 🥨🍺There is no secret that we all have good and BAD trades.
Dax was my BAD trade last month.. Tried to get it once, tried to get it twice, it was just not listening to me.
So what do we do in these cases?
What is the secret to surviving in the markets?
Well the answer to both questions is ' FORGET ABOUT THAT ASSET FOR A WHILE' and trade something else.
Pick an asset which you are more synchronized with. Learn how to have many assets in mind, so you never end up chasing the one.
Just like the girl in the club playing difficult to get. Only way to grab that attention is to show up with another blondie✨.. another German babe maybe.
That is exactly what i did, I got onto other trades and totally forgot about DAX until it is time to remember it now:
DAX, I am back. I am about to start selling you again and this time i want all my money back.
STOP LOSS 13400
TAKE PROFIT gradually at 12880 12500 11900 11450
(Let me explain this part one more time: we take profit along the way, at every take profit level we cash out part of the trade and let the rest of the position 'run'. We also do change the stopl loss at zero risk at that time (entry point minus swaps)
(ps if this goes wrong again I will be forgetting DAX 😁 for a long time.. DAX this is your last chance to make out with the FX PROFESSOR)
Dax30 run out of fuelAs with all indices, since US election, Dax had a good run-up of 2000 point or almost 20%.
Now the index looks like running out of fuel and a drop to 12500 is possible.
I don't rule out a spike up towards 14k, but this in my opinion will be short-lived and can be used as a good entry point for sellers
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.