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Daxswing

DAX WEEKEND ANALYSIS - SWING As we can see in the chart the 50 EMA Is Lower Then the 200 EMA Which means any new position must be taken short But given the recent intraday spike we see a potential crossing of the 50 EMA whit the 200 EMA which would mean we enter a long swing buying phase. Looking closer towards the 5 EMA and 10 EMA We took a long speculative position the current uptrend is long. Stoch RSI indicated a crossing on monday: this is when we enter a speculative long position with tight stop on monday. @ 9740 +/- to counter the sidewaymovement. Stoch RSI Is indicating overbought signs, RSI Isn't. This means we enterd a hard resistance zone. Potential upswing possible up until 10460. Profit entered the 5% Range Advise for short term swing longs: HOLD
INDEX:DEU40
by Childrenofmen
4
EUROPEAN MARKET: DRIVING GERMAN INDEX - (DAX AT IT AGAIN) Incredible Yen hits 17-month high vs US dollar German Bond yield falls to a one-year low I noticed sharp rebound in European stocks, suggesting a pent-up appetite for an enormous risk. Europe's main indices fell as much as 1 percent, Japan's yen rose to a 17-month high against the dollar and Germany's 10-year bond yield hit a one-year low. The dollar's fall to as low as 107.61 yen prompted the Japanese government to warn that it could take steps to weaken the yen's exchange rate. The yen's push higher, and data showing a 9.2 percent fall in Japan's core machinery orders in February, helped drag the Nikkei 0.44 percent lower. I noticed a significant jump in Italian bank shares ahead of the aforementioned meeting in Rome between the country's largest lenders, the Treasury and the central bank to set up a rescue fund that will help lift European financials and broader indices. Europe's FTSEuroFirst 300 index of leading shares was up 0.6 percent, Germany's DAX was up 0.9 percent, France's CAC 40 rose 0.6 percent and Britain's FTSE 100 was up 0.2 percent. All had been sharply lower earlier. European stocks have fallen for the last four weeks, and another down week would mark their worst run in almost three years. All these above mentioned indications forced me to predicts the future of DAX ' within the next 1,700 minutes :)
FX:GER30
by DR.
2
INFALLIBLE DAX STEPS (THE FUTURE ) DAX steps for both hedging, day trading and long term FX gangsters :) all in this chart - please feel free to ask me any question if you are struggling to comprehend this infallible accuracy chart - it's hard to pick my brain on the fly unless you ask me, 'cos no one on the planet draw chart like I do, and there is so much into it - you got to ask me question so you know what am thinking / my vision about DAX movement. News and indicators are quite unstable, so forget about crappy indicators & news hype. As far as I am concern - I am the only one on the planet that use this below combo to determine Mr market' movement in one single trade. Elements that made this chart: *Geometry *Maths *Psychology *Candle Formation *Candle Wick Mira-Focus (I bet you never heard of this :) You must be way smart to understand this chart - I can't stress it enough and I can't say much here 'cos Investment Bankers may be upset :) Let's go get it! :) Happy trading y'all !
FX:GER30
by DR.
DAX 30: Open long positions for tradingVery interesting movement of European indices, where everyone made it out of the minimum of the day, closing positive after the support base (by definition support) of the descending channel that have been negotiating since early April . Thus, we believe that it is time to open long positions in all the European indices and in the case of the German Dax 30, with a stop loss (closing in values) below the minimum Tuesday. That is, in the case of Dax 30, the strategy is to open bullish positions at current levels, placing a stop loss below 10.797 points (corresponding to 10 798 points of index futures). Aim to rise in the coming sessions / weeks, we have the maximum of last week (11,452 points) and above the high end of the channel in 11,660 points. CHART HAS A MISTAKE: STOP LOSS 10.797
INDEX:DEU40Long
by Leo.Ash
3
DAX weekly chart continues to consolidate laterallyEven so, and despite the falls at this time exceed 2% for the week it is certain that the weekly candle is not indicative of anything. At the end of the day what lies ahead is simply a bearish backlash that left a very strong support at 11.167 points (minimum of 'hammer' formation) and has since been moving sideways. Stochastic Oscillator remains rotated downward and away from levels of "oversold". That is, we could still go laterally moving us in the coming weeks before generating a significant signal strength.
INDEX:DEU40Long
by Leo.Ash
DAX30: We raise slightly the stop lossRecently we recommended the opening of bullish positions in DAX30 with a stop loss (on closing prices) below the minimum decreasing last (or minimum reaction) in intraday minimum of 7 May session. Now just slightly went up the stop loss up to 11,594 points ('gap' up the May 19 session). Close this 'gap' up (ie the void), execute the stop loss, given the possibility to be directed to the support zone which presents the May low. But since the stop loss is not achieve, will continue long in the DAX30.
INDEX:DEU40Long
by Leo.Ash
1
Europe still has a long way to go until new highs, see why...It had said that on Tuesday session, where European indexes rose on average more than 2%, the first resistance zone and since then have been overcome we started to have minimum and maximum growing, which is always a sign of solidity. But that's not why we think we will ever directly to the annual maximum, reached in April. In the past few weeks correction procedure, it is certain that the weekly overbought relaxed enough, but we oscillators in no man's land, halfway between the oversold and overbought, and rarely indexes usually resume the upward trend from these levels It is indicated in many of the currently oscillators. I continue to put as most likely scenario the return to the annual maximum, but without haste, with alternating rises and falls thus consuming more time than depth. In addition, European stock markets will remain attentive to the results of the municipal elections this Sunday in Spain, which will most likely be a foretaste of the upcoming general elections. Needless to say, the first sessions next week will be directly influenced by the outcome of these elections, as foreign investors continue or not to trust the country. That is if in doubt, uncertainty is the number one enemy of the markets. The signal that somehow we anticipate the beginning of a new upward trend through the fact that the European bank sector index (SX7E) can overcome the resistance zone which features in 159.42 points. Above said resistance, the logic will rely on a new bullish impulse to launch the index above the annual maximum (162 points) and, on a higher plane, above the maximum 2014 (163.34 points).
INDEX:DEU40Long
by Leo.Ash
1
Don't Let Fear of a 'Grexit' Keep You Out of DAXIn the last analysis of DAX, proposed to open long positions with a stop loss on closing prices in 11.167 points (last minimum reaction). In addition, as can be seen in the chart, this minimum coincide with the guideline upward from the minimum of last October. So now we can do is keep the bullish positions in the index, with stop losses at the same level. Since puncture minimal reaction Finally, do not rule out that, with ups and intermediate corrections, the index try to head into the resistance zone which presents the annual maximum, around 12,300 points.
INDEX:DEU40Long
by Leo.Ash
DAX i am again LONG...Don't Let Fear of a 'Grexit' Keep You Out of European Stocks In the chart, we can say that perhaps we have seen the minimum current corrective phase. This does not mean that, from here, the rate has to go up to the maximum of the year. In fact, you can draw a lateral movement to end to consolidate the previous excesses. Thus, after the weekly candle-shaped "hammer" designed during the first week of May, it may be said that to the extent that the price does not come back to close down, the logic is that from here, little by little, restructure on the rise again in the coming weeks with the aim of rising clearly above the current. The "stop loss" will be placed in closures, down from 11,167 points.
INDEX:DEU40Long
by Leo.Ash