Today's focus GER30 Pattern – Range – diagonal consolidation pattern Possible targets – Upside, 15,985 – 16,160; Downside, 15,718 – 15,530 Support – 15,740 Resistance – 15,965 Hi, and thanks for looking at today's update. Our focus is on the GER30 as price sits in a range but has also formed a wedge/diagonal pattern that could signify movement to come. It's an...
Hey Traders, As we end the Trading week we can look at a great instance of market value for exits and entries. The DAX rising fast to prev highs and that means we want to STOP buying and take exits. You should only really be buyinh dips and selling on moves up. Watch for more.
Bears in Twitter start to ask themselves whether they were all wrong or they were too early to bet against the market after the Fed was hawkish-but-not-too-hawkish in yesterday's meeting. DAX is a heavily automotive, banks and other cyclic assets weighted European index. Europe has performed better than America, but if ECB decides to implement an even more hawkish...
Hi there, In the video, I went through some basic technical analysis on germany 40 Feel free to share your analysis kind regards
The DAX is in high spirits. Having already risen into the white zone between 15966 and 16127 points, the index is likely to surpass it after a short corrective excursion into the orange area between 15625 and 15805 points. Once it has reached the support at 16295 points, the index might even jump into the second white zone between 16385 and 16545...
Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ The DAX index has lost 0.32% after the close on Monday, The market is having a hard time breaking out of the resistance zone from 16024.90 to 16114.41, as we see on the...
Hello everyone , as we all know the market action discounts everything :) a short video where we look at the 4H & 1W chart trying to understand the market and the direction of the trend . Starting with the 4H chart ,the trend seems to be bearish after the price dropping from an all high, This break higher has left behind the sideways trend from the last few weeks...
Dax is trading above 13k figure, a zone that provided a strong sell zone since June. I believe this time is no different and, with the "vaccine effect" gone the German index will fall to at least 12.500 support. Also, a sell trade above 13150k can have a strong 1:4 R:R
Breakout is confirmed in my opinion and now I'm long. First target 13,800. First goal is to get SL @entrypoint and then let the trade run. Greeting from Hannover Stefan Bode
The range 12,850-12,860 should be magnetically attractive. Is this where the trend reversal and thus the end of wave 2 takes place, or has the air gone out of the market and market participants are securing their profits before the US election (in 2 months) and are switching to cash, gold, commodities or ...? Greetings from Hannover Stefan Bode
Hello traders, here is the analysis from our team : we like the 12880 be taken out first. then buy up. buy up : 12880 tp#1 12883 tp#2 12885 tp#3 12893 stop: 12867 Let us know in the comment section below if you have any questions.😉
SHORT FDAX1! ENTRY LEVEL 1 @ 12923 SL @ 12990 TP @ 12550 RR5.56 Risk 0.5% ENTRY LEVEL 2 @ 12948 SL @ 12990 TP @ 12550 RR9.47 Risk 0.5% ENTRY LEVEL 3 @ 12964 SL @ 12990 TP @ 12550 RR15.92 Risk 0.5%
Back from my two-day training seminar (trading/investing) and a big applause to the eager participants. It was a lot of fun again, even if it was certainly a lot of input for you and the heads smoked. You are perfect and you will rock the show in the next months and years. But now - Mr. Dax. There are signs of a possible trend reversal and I want to be prepared...
Today'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...
A last high would be possible before the light is turned off. But I am already short. If the economy is not successively boosted next week, the DAX will not recover this DECADE!!! Then it really doesn't matter whether 0.37 percent (German Heinsberg study) or 1.98 percent of those infected with corona (Bill Gates sponsored Johns Hopkins projection) die, because...
Good morning, traders! yesterday we were expecting some drop on EUREX:FDAX1! , the price was very lazy in the morning but eventually we got about 220 pips drop. Nevertheless sellers were not strong enough to break yesterday's low and the price came back up. The day closed as an inside day to the previous one. What does that tell us? There were no new...
Watch 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...