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Daxtrading

DAX: Entered a short term accumulation phase ahead of the next rDAX hit the 4H MA200 again after a much needed technical pull back that helped at correcting last week's overbought technicals on the 4H time frame (RSI = 48.684, MACD = 21.500, ADX = 34.751). This is a similar structure as early June, when the 4H MA200 (and 0.382 Fibonacci) offered support to a 4 day accumulation phase before the bullish leg made a Higher High on the Channel Up pattern. We are entering a new buy on the current market price, targeting the top of the Channel Up (TP = 16,500). Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:DE40
by InvestingScope
2
DAX: Two buy entries for the long term.DAX turned technically bearish on the 1D time frame (RSI = 42.479, MACD = 3.900, ADX = 32.769) with the RSI approaching the lows of March 17th. This is our first long term buy entry as the price is not only at the bottom of the (blue) short term Channel Up but also testing the 1D MA100 for the first time since March 20th. If the price closes a 1D candle under the 1D MA100, it will most likely fail to hold the S1 and S2 supports as well and instead go for a full -6.70% decline extension to 15,350 such as the mid March and mid December correction legs. That will be the second buy entry. In both cases our target is the short term Channel's HH (TP = 16,500). Pay attention to the RSI also where the bottom of the Channel Up will be an additional buy signal. Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:DE40
by InvestingScope
13
DAX: Holding today's low can lead to 16,500DAX is trading inside multiple short and long term Channel Up patterns, an indication of a strong bullish trend, showcased by the green 1D technicals (RSI = 59.394, MACD = 107.100, ADX = 32.591). As long as the 1D RSI stays over the MA line, we remain bullish (TP = 16,500). If it breaks under it, we will target first the dashed Channel bottom (TP1 = 16,000) and after a 1D candle close under it, extend to S1 (TP2 = 15,635). Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:DE40
by InvestingScope
1
DAX: Inverse Head and Shoulders aiming for a new All Time High.DAX is trading around the 4H MA50 and 4H MA200 with technicals naturally neutral (RSI = 52.802, MACD = 10.300, ADX = 21.396) as on any consolidation. The pattern that was completed (inside the long term Channel Up) is an Inverse Head and Shoulders. Technically such formations target the 2.0 Fibonacci. Our plan is to traget the R1 initially (TP1 = 16,335) and then buy any pull back given and aim at Fibonacci 2.0 (TP2 = 16,600). It is important to mention that the 4H RSI has been trading inside a Channel Up during the formation of the Inverse Head and Shoulders, giving an early bullish signal. Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:DE40Long
by InvestingScope
3
DAX Critical junction on the 1day MA100.DAX hit today the bottom of the short term Channel Up. This is inside a larger Channel Up pattern that started during last year's market bottom. As long as it holds, especially the 1day MA100, buy and target 16600 on a +6.34% repetition of the first short term Channel Up rally. If the price closes under the 1day MA100, sell and target the bottom of the long term Channel Up at 15150. The 1day RSI, trading inside a Channel Down, gives a clear indication as to when that low may be achieved. Previous chart: Follow us, like the idea and leave a comment below!!
CAPITALCOM:DE40
by TheCryptagon
5
DAX Trade break outs only. Neutral at the moment.DAX has turned neutral after the 16340 top and the subsequent test of the MA50 (1d). As long as those two levels hold, it will remain sideways with no action to take. The long term pattern is a double Channel Up. Trading Plan: 1. Buy if the price closes over Resistance (1). 2. Sell if the price closes under the MA50 (1d). Targets: 1. 16750 (top of Channel Up). 2. 15200 (Fibonacci 0.618 level). Tips: 1. The RSI (1d) is trading under the MA trend line, consistent with the previous two bottoms of the Channel Up. Please like, follow and comment!! Notes: Past trading plan:
CAPITALCOM:DE40
by TradingBrokersView
14
How to identify a TREND or RANGE market early in DaytradingTrading and Price Action can be broken down into tow simple terms...a 'range bound' market and a 'trend' market. Being able to identify the price action early is key to successful daytrading. In the video I discuss how I like to daytrade Indexes and especially how I look to identify a RANGE or a TREND market. As there really is only TWO WAYs to trade....ie/ reversion to the mean or continuation trading...it is important to identify the market conditions early to get on the right side of the market and take full advantage of a move up or down. I discuss my basic approach to trading and what I look for to identify the market conditions. I talk about my trading style and general entry criteria. Any comments or questions welcome below.
HKEX:HSI1!Education
by TradeTheStructure
DAX: 16,300 test by the end of the month.We have stated before that DAX has been trading inside a five month Channel Up, getting a comfortable buy at the bottom of the pattern. With the help of the 1D MA100, the price has been rising for the past month, trading for more than 2 weeks over the 1D MA50 as well with the 1D technicals now on deep green values (RSI = 61.499, MACD = 135.500, ADX = 52.061). We don't see this as a top yet, first because the Channel Up upside potential extends much higher but also the 1D RSI hasn't crossed into its usual above 70.000 overbought region to start forming the top. We remain bullish (TP = 16,250), expecting to test the 16,300 market high of 2021 by the end of the month. Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:DE40Long
by InvestingScope
8
DAX This wave still has room to riseDAX has gone a long way since our buy recommendation 2 weeks ago (see chart below). The technicals on the 1D time frame are firmly bullish (RSI = 60.575, MACD = 68.200, ADX = 31.986) and the RSI in particular is out of its Buy Zone and approaching the top of the Channel Down. The index is trading inside a Channel Up for exactly 5 months and every bullish wave has so far been within 11.50% - 11.85%. If it rises by +11.50% again from the recent bottom, then we are looking at a target price around 16,130. Our TP is 16,000. It is important to keep in mind the long term dynamics on DAX and what stands out in particular is how perfectly the 1D MA100 supported March's correction. In fact, DAX hasn't closed a 1D candle under the 1D MA100 since October 24th 2022. Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:DE40Long
by InvestingScope
GER30 are sellers starting to take control? Hi, and welcome to Friday's update. In today's video, we are focusing on the GER30 daily chart. Price action and the OBV indicator are starting to show signs that sellers could be gaining short-term control over the market. Looking at price we can see that buyers made a failed breakout attempt, and sellers came in strong on the next session with an engulfing bar. Yesterday buyers held a rally but closed well-off highs showing plenty of rejection. Today, sellers have started a new move but still have a little work to do. We would like to see sellers continue to push lower and break support seen at 13,640. A break and close below yesterday's low could be the trigger for a new leg lower if sellers can hold the move. If buyers can regain control and close price back above 13,750, we would be looking for more evidence before we continue to think that the market is set to break lower. What are your thoughts? We also like to hear feedback from our readers. Thanks for stopping by. We hope you are all enjoying your Friday and good trading.
GShort
by Eightcap
DE30EUR 2021 Feb 08 Week OANDA:DE30EUR DE30EUR 2021 Feb 08 Week (Intraday) Green/Red zones = preferred entry zone D1 chart showing weakness - shortening of thrust observed - price advancing on decreasing volume H4 chart similarly showing price advancing on diminishing volume Also note the narrow range bars as it approaches the high. if price forces through resistance and show rejection, it will be good opportunity to short. Else just ride the channel Remember to follow or like if you find this useful. Have a safe and profitable trading week ahead.
OANDA:DE30EUR
by paradox677
DAX30- We did it again! (Dropped right on our resistance)FIRST~: PLEASE CHECK YESTERDAY'S IDEA So, the chart never lies: the resistance level we had calculated acted perfectly , as the price dropped as soon as it was checked. Our stop loss is now at entry point and we are expecting to see (hopefully) the drop further down. Most importantly: DO YOU HAVE A TRADING STRATEGY? Drawing a chart is part of the success but the most important element of trading is to have a Strategy that works. How did we trade this? Well we had a first sell position from last month, opened a second one yesterday earlier in the day and a third one when the price went to the resistance and a compounded 4th position after it started dropping. Right now our risk is ZERO and the potential for a profit is huge, as if it drops we will take profit 4 times.
XETR:DAXShort
by FX_Professor
6
Does DAX afraid of the second wave of the pandemic?The index broke the short-term rising channel, with the rise of the second wave sounds in Europe. Although countries do not want to close their economies, this risk seems to exist for investors. In this case, in the positive scenarios for the index, the pre-pandemic peak may be the bullish target, whereas, in the fall, it can return to the fib 0,618 level it passes quickly. Only personal opinions and ideas. Does not include "Legal Investment Advice"...
XETR:DAX
by EmoteK
#DAX - Comming Trendchanging? June 19, 2020 #GRXEUR #DAX30Back 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 for it. After 3 months of upward movement, trend is tiring at the moment. If a reversal is established, then there could be a next downmove. Ideally, we still have some time to position ourselves and to wait for the weekly closing and hopefully the month/quarter closing candle next week. Nevertheless I need a tradingplan. Currently still on sideline but always be ready to enter the market. Greetings from Hannover, Stefan Bode
FOREXCOM:GER40
by StefanBode
3
#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
#dax - Last Time Five Figures #dax30 #grxeurA 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 then the economic system is threatened with collapse and the mortality of the entire population increases and the life expectancy of the whole people decreases, because there is no longer any security of supply. It must be prevented with all forces the agenda of Bill Gates & Co. that the world population is reduced by his personal desired goal of 10-15 percent. That is genocide with an announcement (Hitler, Lenin, Stalin, MaoTseTung,... send greetings) and later humanity will be able to reduce its population with its vaccinations as in India, Kenya, Mexico, Tanzania, Cameroon, ... with paralysis, infertility or even death. But hey, with ID2020 you will have the proof that you are vaccinated and then you can still participate in the economic life with your implanted digital account. These are sick people and these sick people have to be stopped, because they want to implement the Revelation of John 13:16-18! "16 The small and the great, the rich and the poor, the free and the slaves, all of them were forced to have a mark placed on their right hand or forehead. 17 Only those who carried the mark could buy or sell: the name of the beast or the number of his name. 18 Here is wisdom. They who has understanding, calculate the numerical value of the beast. For it is the number of a man's name; his number is six hundred sixtysix.
FOREXCOM:GER40Short
by StefanBode
1
DAX analysis for 3.4.2020Good 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 information in the market yesterday which would move the price in any direction. Therefor today the same prediction is still valid. We are aiming for short unless the key rezistence of Wednesday's high is broken. If that happens, we stay in range and can start to look for long opportunities. Have a nice Friday and trade with patience. FINEIGHT team
EUREX:FDAX1!Short
by Fineight
#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