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Daxswing

DAX LONG!The DAX (Deutscher Aktienindex (German stock index)) is a blue chip stock market index consisting of the 30 major German companies trading on the Frankfurt Stock Exchange. Prices are taken from the Xetra trading venue. According to Deutsche Börse, the operator of Xetra, DAX measures the performance of the Prime Standard’s 30 largest German companies in terms of order book volume and market capitalization. It is the equivalent of the FT 30 and the Dow Jones Industrial Average, and because of its small selection it does not necessarily represent the vitality of the economy as whole.
XETR:DAXLong
by khotso.mokhele70
DAX - Breakout of the bearish channel or short below 11050?Since October 8th, the DAX has lost close to 1000 points. This graphic offers a technical framework on the bear trend and shows that the DAX moves into a bearish parallel channel which has been tested several times. We can also notice that prices have reacted on 11050 points. In my case, before to take a swing position on DAX, I am waiting for : -A breakout by the top of the bearish channel to open a long position or -Prices move below 11050 to short the DAX
OANDA:DE30EUR
by Kevin_Tchoulfyan
2
Germany Dax DE30 Daily Update (21/11/17)13250 resistance zone But.. Candle is still pretty bullish. wait for a small consolidation with rejection candle before taking a short. Do note, it is a counter-trend trade, the structure is still very bullish. Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation. SonicR Mastery team is not responsible for any liabilities arising from the result of your market involvement or individual trade activities
OANDA:DE30EURShort
by sonicrmastery
1
The trade it and leave it rule... why did I not follow it?I was alerted of this trade via my friend's analysis which I also deemed fit to enter at my own risk. At 2017.07.26, Dax retested the broken support (which was also the 8 EMA at that time) which resulted to a formation of a bearish pin bar. At the split second that I've adjusted the TP because of 'potential greed,' I have not kept in mind the possibility of such movement when the gap was filled. At the time the gap was filled, Dax, without hesitation, reversed to the upside probably for some breather. Sadly, it hit my SL which were adjusted to my entry levels.
OANDA:DE30EUREducation
by bearvsbullmarket