SELLERS taking over the MARKET?Hello everyone,
yesterday sellers took over EUREX:FDAX1! and we got through another zone.
Since the open, price is being pushed lower and I am looking for a short opportunity right now. We are getting closer to the bottom of the large trading range so let's see what the market is going to bring us. ;-)
Have a nice day!
John
FINEIGHT Team
Daxshort
#DAX ANALYSIS.. LONG TERM BEAR RUN.. In my analysis that I published earlier, I frequently emphasized the possibility of seeing a strong sales wave in the markets on a global scale, in this context, I think that there can be a structure in #DAX index as I mentioned in the chart..
The chart is weekly, it should be followed in the long run; Price movements in time may not correspond exactly as I have stated on the chart, but in the future, if #DAX cannot provide permanence above the trend line I have indicated with black dashed line, I think it is important to follow the pattern in question.. You can find important points on the chart in the long run.. Let's see what time will show..
What I wrote is about strong possibilities that most investors and analysts do not express or expect.. Please do your own due diligence when it comes to trading.. Invest at your own risk..
I wish you all the best..
#DAX ANALYSIS.. In my analysis that I published earlier, I frequently emphasized the possibility of seeing a strong sales wave in the markets on a global scale, in this context, I think that there can be a structure in #DAX index as I mentioned in the chart..
The chart is weekly, it should be followed in the long run; Price movements in time may not correspond exactly as I have stated on the chart, but in the future, if #DAX cannot provide permanence above the trend line I have indicated with black dashed line, I think it is important to follow the pattern in question.. You can find important points on the chart in the long run.. Let's see what time will show..
What I wrote is about strong possibilities that most investors and analysts do not express or expect.. Please do your own due diligence when it comes to trading.. Invest at your own risk..
I wish you all the best..
#Dax30 - Next 3.000 Move #Dax #GRXEURThere should be 3,000 points to be distributed again shortly, and again on the short side.
The whole LockDown is causing more damage globally, so that many more people will die as a result of the LockDown than of the Corona virus, because when people are starving and have no more livelihood, then you are waging war, because somebody has to be to blame.
In relation to Germany.
I do not see any economic recovery in the next 1.5 to 2 years from this standstill and if the lockdown is not finished by 20 April, there is a danger of irreparable damage. The massive loss of trust in governments, which use draconian punishments to prevent people from expressing their opinions, shut down doctors' websites, indict lawyers, put opponents in psychiatric care and denounce neighbours for driving in the "wrong" county, how will this deprivation of freedom ever lead to a normal life again?
Can so many people not see the parallels to 1933?
Are SELLERS taking over the market again? False BREAKOUT?Good morning, everybody!
After Friday sell off EUREX:FDAX1! opens with a large gap today. Sellers are back in the market and I am looking for an opportunity.
The price is now reacting on a minor resistance and we have got another major one higher, so what is it going to be?
Stay tuned for more updates!
Wish you good trading, guys.
John
FINEIGHT Team
#DAX ANALYSIS.. GREAT DEPRESSION OF MARKETS.. In my previous analysis, I mentioned that a strong sales wave could come to the markets again, in this context, I expect a structure as I mentioned in the chart.. Never say never.. Markets will be very interesting after 6 months, we will wait and see.. I firmly believe that big crash will come eventually and oil prices were the leading indicator of this..
Actually, I wrote that passage again and again in my previous analysis, please keep these in mind, greath depression is coming..
Disclaimer: Please do your own due diligence when it comes to investing.. Never put in money that you cannot afford to lose.. Invest at your own risk..
I wish you all the best..
DE30 Diamon & Double top - MACD & RSI DivergencySeveral indications to be on the short side next week.
CURRENCYCOM:DE30 CURRENCYCOM:DE30
- MACD divergency
- RSI divergency
- Diamond pattern completed
- last hours started to form a nice double top set up putting even more selling pressure on the DE30 for the following week
Strategy:
- wait for confirmation of Double Top and short. You can set positions to go long here as well as some short quick profits in case it doesnt breakt the diamond pattern
- If we see double top breakout this will trigger the diamond pattern and flag breakout on the daily aiming for a long short with nice risk reward
Are we going to short the market today?Hello traders,
yesterday we got some volatile movements on EUREX:FDAX1! which brought us great opportunities. Today we have got a pretty strong sell signal on M5 chart so I am entering a short position.
Check the video and let me know what is your strategy for today.
Have a great weekend, guys and see you on Monday!
John
FINEIGHT Team
Morning sell off on DAX - are we going lower?Hello guys,
after yesterday slow session EUREX:FDAX1! opens with a rally today and we are looking for an opportunity to sell. The price is now retracing which gave me a short signal, so check the video and let me know what are your expectations for today.
Have a nice day!
John
FINEIGHT Team
DAX analysis for 21.4.2020Hi traders,
today I got to my charts a bit late but let's take a look at what happened in the morning and what can we expect from the US session.
EUREX:FDAX1! opened with gap to the down side today which really canceled the yesterday's Pin bar signal. The morning was again quite lazy but eventually we broke yesterday's low and the price continues trending lower ever since. The first support is low from 16th April but we might see the price go even lower to 10 110.
I am now going short with the profit target at 10 250.
John
FINEIGHT Team
DAX analysis for 16.4.2020Hello DAX traders!
The buyers were not strong enough yesterday and the support at 10 500 EUR did not stop the sellers. What can we expect today on EUREX:FDAX1! ? Will there be another sell off? Check the video for some new ideas!
I wish you good trading, guys.
John
FINEIGHT Team