Daily analysis and trade setups on DAX Ger30 20220803Happy Midweek.
The Gandalf line for DAX is currently at 13300. Bulls are in-charge but still very fragile. Today's macro can break them.
It has always been my experience that when price action approaches Big Brown levels, it gets into consolidation because it is decision time. Currently that level is 13440 (B)
Macro: DE - Trade Balance, BME PMI, EUR - PMI, Retail Sales***, US - PMI, Factory Orders, Services Employment Index, New Orders, PMI***, Prices Paid
Today's pivotal level is at 13415. Buy above. Sell overbought above. Sell below. Buy oversold below
Buy
Break: 13490. 13535, 13600
Reversal: 13415, 13370, 13300, 13260, 13200
Sell
Break: 13420, 13375, 13310, 13260
Reversal: 13490, 13540, 13600, 13695
Green Goblin levels are here >>>
TIFibs confluence levels are here >>>
De30
DAX, DE 30 bearish ideaBecause of the gap and the volume indicator, the bulls are weakening and bears get power. so the trajectory would be long but bearish.
Daily analysis and trade setups on DAX Ger30 20220801Happy Monday, Happy August
Dax now has to establish above 13580 to be completely bullish. The trend is definitely up and anybody can see that.
I will publish monthly analysis separately but current move looks like a pullback on overall downtrend. If that is true then a continuation in monthly trend towards downside could be very gib. Alternatively, it can stay within the 13k to 14k range and give us some good day trading opportunities.
Today's pivotal level is 13390. It remains bullish on the day above that and bearish below
Buy
Break: 13470, 13540, 13590, 13680
Reversal: 13390, 13340, 13320, 13250, 13190, 13100
Sell
Break: 13440, 13410, 13340, 13300,
Reversal: 13550, 13610, 13680, 13840, 13960
Green goblin chart is here >>>
Confluence chart is here >>>
Daily analysis and trade setups on DAX Ger30 20220729Happy Friday and Happy Last Trading Day of the Month
DAX range has compressed so it is making multiple levels of support and resistance. We simply have to deal with it until it makes up its mind and moves
The bias is turning bullish by the day but the drop is going to be significant. So always be careful. " Trust the trend but verify " in force
Macro: EUR Unemployment, GDP, HICP, US PCE, PI + PS, Chicago PMI & Michigan CSI
Mostly directional scalp trades still
Buy
Break: 13440, 13520
Reversal: 13300, 13260, 13220, 13170, 13100
Sell
Break: 13350, 13270, 13220
Reversal: 13450, 13500, 13600, 13690
Chart with Fib Levels here >>>
Chart with TIFib Confluence Levels here >>>
Daily analysis and trade setups on DAX Ger30 20220728Happy GDP Day
DAX has been in a bit of consolidation since 19th July. A strong news can break it out of that range. Current outlook is turning bullish but I would remain careful.
A break above 13380 will set strong bullish direction if it continues after that
Bears have hard work in front of them to break 13070, 13000 & 12810
Macro: EUR business climate, consumer confidence, HICP, US GDP, Jobless Claims
Mostly scalp trades unless a strong directional move comes
Buy
Break: 12270, 13350, 13450
Reversal: 13140, 13080, 12990, 12920
Sell
Break: 13200, 13100, 12990
Reversal: 13270, 13350, 13450, 13600
Chart with Fib levels >>>
Chart with Green Goblins >>>
Chart with confluence levels >>>
Daily analysis and trade setups on DAX Ger30 20220727First of all, Happy Volatility Day
DAX/GER30 is still playing around Chop Zone but everything changes (perhaps) at 13:30 UK / 14:30 EU / 8:30 NY
Blue zones B, C and brown mega zone B are in play. Break above Brown Zone B will change the course of the market
Buy
Break: 13270, 13350, 13440, 13600
Reversal: 12990, 12910, 12830, 12750, 12670, 12630
Sell
Break: 13100, 12920, 12830, 12750, 12925
Reversal: 12340, 13440, 13590, 13840
Only zone chart is here >>>
For more precise levels, here is the Green Goblins chart >>
Confluence chart is here >>
Daily analysis and trade setups on DAX Ger30 20220725Dax is at a pivotal point. Brown Zone B is in strong play. I think it will go where the US markets go. Wednesday's FOMC will keep markets in a tight range.
Macro movers: Germany business climate index
For immediate direction, as far as it remains above 13100, it is in bullish zone.
Blue zones C and B are also in play.
Buy
Breaks: 13225, 13270, 13350,
Reversals: 13100, 12990, 12900, 12830, 12750, 12670, 12620
Sell
Breaks: 13080,12970, 12920, 12850
Reversals: 13370, 13440, 13480, 13550, 13600
For more precise levels, here is the Green Goblins chart >>
www.tradingview.com
Confluence levels are here >>
Daily analysis and trade setups on DAX Ger30 20220721Mega zone Brown B is in play today
Price action may remain in a tight range around 13300 till ECB decision at 12:15
Outlook still remains cautious bullish with Gandalf Line at 13600
Buy levels:
Reversals >> 13200, 13050, 12970, 12920
B/O >> 13300, 13460, 13600
Sell levels
Reversals >> 13850, 13600, 13470, 13300
B/O >> 13190, 13040, 12930
Detailed Chart >>
DE30 11th JULY 2022DE 30 is considered a strong measure of German and European economic health.
German regulators put that collapse down to fears for the country's economy in the face of curbs in the supply of Russian gas that underpins industry, said one person with knowledge of the matter. Germany could be opening a bleak chapter. Although it held up better than the euro area as a whole during the pandemic in 2020, its economy did not rebound as strongly as the bloc in 2021 and is expected to lag this year. Globalisation, just-in-time supply chains and cheap energy from Russia - those are things that are changing and they are changing for good.
DE30 Trading idea with engulfingGuys I found this 1 min ago. the engulfing shows us the best way to earn. so just keep buying till monday!
DE30 Trading ideaGuys i just found a new option that could work. Better to believe the path and strongly not to put TPs away.
DE30 27th JUNE 2022Market sentiment shifted to a more negative setting amid fears over surging inflation and slowing economic growth.
Faced with challenges such as increasing material and energy costs, industrial companies in Europe continue to struggle with restricted revenues and operational challenges.
DAX 4 hour : dax can crash to 12500 area dax break its important trendline , so we advice sell near 13720 gap sl=13866
and buylimit near 12500 (red fibo161%)
note = for inter buy or sell , wait OK verfy come = clear pinbar in 1hour 4hour or daily or in 5min chart , price break last trend line
if you have old buy ( trade dax witout SL =100% margin call) put hedge sellstop in low and hedge (sellimit) it in 13700 after close , back to demo practice on eat SL and stand on fix low size
wish you win , stable win , dont fear from eat SL , eat 50% SL(+ stand low size) is base of this game
Dax Longterm Downtrend incomingDax is a potential short here, back to Key lvls 10800 and 8270.
Right now line in the sand is the 13350 lvl if this gets broken we will drive down till 10800. If after test of 10800 price cant hold above above 13000 we will continue going down till 8270 and little below.
This gives many short plays.
Right now most risky play is anticcipating the 13350 lvl to break. Wait for fakeout above 14300 and price coming back till 14150 to short and anticipate price to drive further down to break 13350.
Safer Bet is to wait till 13350 break and risking the 14800 lvl
DE30 18th MAY 2022Since September 20, 2021, the Frankfurt Stock Exchange has officially expanded the components of the DAX 30 index to 40 shares or the DAX 40 index. Of the 40 stocks of selected large companies that are components of the DAX 40 index, as many as 15 stocks made a profit, while 24 stocks suffered losses and one stock traded unchanged. The European Central Bank will be in the spotlight when policymakers meet to decide on a monetary policy path against a backdrop of record-high inflation and fears of a war-induced recession. As it goes, the ECB plans to end its emergency bond purchases at some point in the third quarter. We can see that technically the price is very volatile. we can take advantage of this opportunity to place orders based on chart pattern analysis
DE30 9th MAY 2022
DE30 5th MAY 2022
DE30 19th MAY 2022
DE40The German index broke through the structure as well as the trend line, potential places to enter a short position are supply zones.
Short DE30EUR We are currently at a 4 hour bearish order block and on the 1 hour we are inside a (fair value gap/imbalance/ liquidity void) that got corrected. So chances for the market to sell off when the market opens are high.. So if you have a small account take a chance on this trade, smaller stop loss big reward