FDAX oversoldMost EUropean indices are oversold on MFI and RSI, but they appear to be cascading, so they can continue down.
SHould get a bounce Thu if it does tank. No long positions yet.
Fdax
FDAX RSI oversoldThis selloff is induced by Europe going back into lockdown, FDAX RSI is oversold....
I'm not sure if it's gonna bounce until MFI gets oversold though. Europe looks weak.
i see 14000these days dax,dow is range (zigzag 13500 to 12400) this range can countinue
note=on fdax we have head and shoulder in Daily chart ,if low breaks ,dax can crash to 12000 to 11000
for see daily analyse use dax fut
FDAX1!
FDAX Update 10/21Algos buying futures this afternoon because they expect a gap up tomorrow. FDAX went oversold on MFI.
Considering MFI is oalmost overbought on ES1!, I'm expecting a pump and dump tomorrow, so gap up and tank.
Dax at interesting price level, potential turning pointHi guys DAX retraced back up to the price level which I wanted to see for another short opportunity. Looking at the daily chart it would however make more sense if that move plays out tomorrow. However at 4H we already have a nice signal candle in the chart.
Possible DAX count current down moveI expect that the longerterm downmove in the stock market has begone. However the current move will have a certain end and possible short term correction starting next week.
FDAX Europe tank UpdateSo one of the reasons why I was bearish for open today is because I had this overlay going last week.... didn't publish it, probably should have. Then again, I'm on a 10 post limit since I'm doing a free account, if you guys want me to upgrade, you can always chip in some money, lol.
So it exceeded my overlay target and went severely oversold on RSI, but MFI is not oversold yet so it could get follow through tomorrow. Not sure about gap direction for tomorrow, so probably not holding anything overnight.
... and I just looked a the market and it still looks like crap, lol. Dividend stocks like FDX, MMM,PCAR, and banks are getting absolutely hammered today.
3 POWERFUL BUYLIMIT =12750 SL=40 DONT CLOSE YOUR + POSATION SOON , BE PATIENT ,IF YOU CANT WAIT (SHOT DOWN YOUR SYSTEM AND GO AWAY FOR 24 TO 48 HOUR
DONT FORGET PATIENT =BIG PROFIT
DAX SECRET=WHEN PRICE IS ABOVE DAILY EMA200(YELLOW LINE)LOOKING FOR BUY , OR PUT BUYSTOP ON HIGH(15MIN) ,DONT PICK YOUR SELL SIGNALS (CHECK 2019 HISTORY)
DAX with a downside potentialEuropean equity indices are far behind the US markets.
If we experience correction in ES and NQ, indices such as DAX gives us very clean structure to follow.
Break of a trend line to the downside should take us around a yearly vwap and anchored vwap support around 11600.
FDAX Update 9/3 AHBig drop for the US market, but the only thing FDAX did was give up yesterday's gain. Indicators in the middle, though scrolling down.
This could go either way tomorrow morning, no indication of direction for the morning gap.
I bought one TSLA put for kicks and giggles, lol.
FDAX UpdateI really need to start waking up earlier in the morning (market opens at 6:30am west coast).
FDAX went overbought on RSI... that prompted the tank. Probably a small bounce tomorrow and a tank over the 3 day weekend.
#DAX - I'll be #BULLISH #DAX30 #fdax1! #tradingviewBreakout 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
FDAX UpdateDidn't quite get oversold, but MFI is at the level where it usually rallys and it did a double bottom.
Guessing FDAX, Dow and small caps all go for the COVID gap fill.
#dax - 12.850 and then? #dax30 #fdax1! #grxeur #tradingviewThe 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
#DAX - Long-Pyramid - #FDAX1! #GRXEUR #tradingviewFriday's trade is running and now would be the chance to build up a long position in the current correction with SL just below day low at least when the abc correction is over.
Of course, it is possible that the abc will first complete a wave A, but this would become apparent relatively quickly and we would then have to put the SL on entrypoint of short position so that we don't lose money in the new trade.
Regards from Hannover
Stefan Bode
#dax30 - Two ideas #Dax #GRXEUR #FDAX1!Two ideas for the Dax.
One as a potential long trade.
But if, contrary to expectations, there is a correction pattern,
a short position should be taken from the thick red line (ii) onwards,
because then 11.750 should come soon
#Dax - decision before the weekend? #GRXEUR #FDAX1! #tradingIf the Dax now marches right through, then we can take 500 points at
the breakout. Or should we wait for another downmove and optimize our RRR and then we can even take 750 points more?
Good question, especially since it's the third Friday of the month and in case of doubt feat that few people would consider sensational.
Decision is not yet fixed but at least I am prepared.
Greeting from Hannover
Stefan Bode
DAX: Channel Up with the 4H MA50 supporting.DAX has been trading within a wide Rising Wedge but since the July 31st low, the index has entered into a smaller Channel Up on the 4H chart (RSI = 53.592, MACD = 30.100, ADX = 25.048). As long as the 4H MA50 supports, the pattern resembles the July Channel Up that topped on the 13,300 High.
We are expecting a typucal +4.70% leg towards 13,300 - 13,400 which is our Target Zone.
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FOR ANALYSE DAX USE THIS FDAX1!ALL CFD ,OPTION,WARRANT CHART, DATA COMES FROM FDAX(EUREX) SERVER , SO WHAT FDAX TRADER SEE IS VERY IMPORTANT, THEY MOVE CHARTS
ON FDAX1! YOU CAN SEE GAP BETTER (GER30,DE30 CHART NOT ACCRUE)
NOTE=ON FDAX CHART RIGHT CLICK ON SETTING/SYMBOL AND ENABLE EXTEND HOUR ( NIGHT DATA)
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I BUY ON HIGH ON FRIDAYPUT BUYSTOP ON HIGH , SL LAST LOW
2 TARGET IS IMPORTANT =CASG XETRA DAX BIG GAP NEAR 13500 , DAILY EMA200 NEAR 12000
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new up trend expected use TREND FIBO EXTENTION draw tool to find dax targets
elliot wave trader use it for find TP (dont use it for reverse posation, if you want put reverse ,you need other signal near it like Support line or trend line)
main level =61-100-161%
for learn search in youtube=fibo expantion
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POWERFUL ORDER PLACESDAX WILL TRY TOUCH 13000 ,TRY NOT TO SELL LOOKING FOR BUY,,,, PUT SL ON YOUR SELL ORDER WHEN PRICE IS ABOVE 60MIN EMA200(green line) ON FDAX1! (DAX FUT IS MOST IMPORTANT, CFD,OPTION EVEN XETRA DAX COMES FROM FDAX SERVER,CHART)
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