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#DAX - June 19, 2020 #DAX30 #GRXEURToday's triple witching day can be volatile, so here are my variations. If Dax no longer reach 12,486, I still expect another downward movement. Bearish price targets would be at 11,763 points and 11,305 points. Therefore, 12.486 should be seen as a StopLoss mark. My goal is to set SL on entry point because a reversal of the trend could also take place in the area of 12.208 and 12.095 points. There is no free lunch, at least at the stock market. Have a good trading day and a nice weekend Greetings from Hanover, Lower Saxony Stefan Bode
FOREXCOM:GER40Short
by StefanBode
1
#dax30 - No "Endsieg" there! #dax #grxeurWatch out for sarcasm! There shall be no relaxation of the Corona regime before 20.04.20. That the German leadership has chosen the 20.04. as the date to make further decisions is quite astonishing. Do the fake democrats from the Berlin Democratorship want to announce the bank holidays and currency reform to the digital Euro for the "Führers" birthday? I thought this date would have been forbidden in the FRGermany and removed from the calendar long ago, since not even car license plates with the initials of me and my wife, (in Hannover), with H - SA are issued anymore. There the mentally lost but political "elite" made a mistake. Let's see how long the sleeping sheep can be taken for fools before you realize that the biggest robbery in history is taking place and all your savings and retirement are being robbed? Will the "German Michel" notice something or will he let himself be fooled again by incompetent "Führer"? What do you think?
FOREXCOM:GER40Short
by StefanBode
5
#dax - Next shortidea #dax30 #grxeurYou like the idea? Then thumbs up and like + comment. You don't like it? Then thumbs up and the criticism in the comments. If you are not short yet, you can go short now. But if you are already short, you can also pyramidize. For the last opinion, the stop of Trade 1 on deuce, so that no more money is lost on this trade. Then type in Trade 2 and it would still have a CRV of 6.3 to 1. Total risk would be 1% of the portfolio but the chance of trade 1 would remain at 8.1% portfolio growth and that of trade 2 at 6.3%. Together this gives a 14.4% portfolio growth chance with 1% risk. Greeting Stefan Bode
FOREXCOM:GER40Short
by StefanBode
2
DAX on the way to old ATH (in the long run)We had a risky time after the german index DAX has fallen to a low at 11.800 pt and after leaving the diamond pattern. At 11.730 pt it found the low which marked the end of wave C. I wasn´t sure if the index had enough momentum to break the strong resistance at 12.600 pt (fib retracement 78.6%). But it had, when attacking it in the second motive wave. I think this wave hasn´t ended yet; instead it could lead the index to levels around 13.000 pt - this zone has been a swing trend zone - there´s also a gap which hasn´t be closed yet. But with reaching this zone we also reached the overbought zone (RSI) and some profit-takes would be reasonnable. If the analysis is right up to this point we should see a correction wave (4) leading to the last support (fib retracement 78.6% at 12.600 pt). But not below this level, because in EW-theory the wave 4 can´t lead to lower points than the peak of wave 1. And if so, this analysis will be false at that point. But if not, we should enter in wave 5 after having rebounced. Above the swing trend zone at 13.000 pt there are no significant lines or gaps which could mark an end of w5 - so it´ll be possible that the index tests the last ATH at 13569 pt another time. Actually the indicators are signalling a bullish trend. This analysis is no trade avice!!!
XETR:DAXLong
by Luettis
2