FDAX Update againLooks like it bounced off my blue line. I think a gap up is more probable for tomorrow then down.
I love my "random" lines.
Fdax
FDAX UpdateHit my bottom channel line, indicators are not quite oversold, but I think it hits it and reverses either tomorrow morning or Monday.
Gap direction can go either way but bullish for next week.
FDAX FUturesLooks to me like it wants to go oversold before the bounce. Which means it'll bounce right during earnings season next week. Expect a whipsaw week I guess.
DAX ABC Pattern playIn this update we review the recent price action in the DAX futures contract and identify the next high probability trading pattern and price objectives to target
Dax 4 hour :buy dax near 12970 with SL in low never remove SL , if dax break low can crash to 12000
good luck , if you have old buy , 100% put hedge sellstop in low
ALERT= dax love buy and +up trend , so when it go up , dont pick reverse sell , instead looking for buy in deep , in my idea +up trend will start sooon
for inter posation wait OK VERFY COMES = pinbar in 60-240-daily chart , then pick buy (or sell)
FDAXVery simple ... Very clear
A downtrend in the new step will start soon.
This is my personal opinion. Please do not trade based on my analysis and data.
DAX Trade Strategy UpdateIn this update we review the recent price action in the DAX futures contract and update the long trade strategy and price objectives in play
Dax daily = still upper gap is open put sellstop in low (buystop on friday high) is good idea but low size (SL= last high/low) , if low break dax can crash to 12000 area
AC indicator on 4hour going to red,sell
if low not break , looking for buy is good idea but with SL in low
if you have old buy put hedge sellstop in low (5-6 point under low)
note = try hold your buy until 14000(fibo 61%)even above ,dont close buy soon ,give it 10 day wait
,DAX low buy and +up trend
DAX 4 hour : after pinbar comes on high time , pick buy dax fill gap now , now it is in buy area(above green arrow) , we can looking for buy now , we must wait OK verfy comes then pick buy (very low size) try hold it until 15000
OK = buy pinbar on 1hour, 4hour ,or daily chart appear or last upper trendline break by price in 5min chart
if you have buy , dont fear , be patient ( why you dont put SL in 4 hour last low)
if you have selk , close it now , wait for OK buy
goodluck
FDAX UpdateOversold on MFI and RSI
Probably gets a bounce tomorrow morning. Not shorting anything right now
FDAX UpdateRSI hit overbought with MFI divergence, index rolled over hard.
Bearish for the open tomorrow, guessing gap down regardless of what the indices do during the day
FDAX UpdateIndicators show no direction and it's right up against the calendar year trendline.
I'm taking a couple of days off, wasn't thinking very clearly this morning. If tomorrow is a green day then we probably see a rally for 2 weeks, if not then we're already pretty close to the bottom anyways. I'm too skittish for long plays, I'll watch.
DAX 4hour : buystop on high , upper target is 14500 then 14800despite some down movment led by DOW , i belive dax trend is + up
best accetion is buystop on high , if you have sell ,100% put SL on high 14150 , if it break dax can start +up trend
good luck , 90% looking for buy dax love buy +up trend ( sell on dax,dow,index is very dangrous)
ALERT = DAX LOVE EMA200 DAILY (orange big line on chart) it can fly up witout pullback,dont allow you close your sell
FDAX UpdateSince someone asked....
FDAX indicators show no direction for Monday but I can't imagine it will break this calendar year trend next week.
In any case, keep an eye on BTC, if shit coin takes a crap I bet everything does next week.
FDAX UpdateIndicators in the middle, can go either way tomorrow.
Asia has been consistently bullish this week though despite the US tank
DAX 4 hour : dax next target is EMA200 daily 14800 AC indicator on 4hour do its job exclent
dax touch fibo 61% ,now in pullback as predicted befor ( daily chart trend will + up)
now looking for buy when OK comes , OK= when PINBAR comes on 1hour , 4hour,daily chart or in 15min chart ,price break last upside trendline
dont fear pick buy with SL in day low ,,,, hold your buy 6-7 day to 14800 area or more
good luck
FDAX UpdateMFI really close to overbought....
If it hits overbought over the weekend we could see the market trying to fill teh lower gap instead of the upper gap on ES & NQ
DAX Trading A Complex CorrectionIn this update, we review the recent price action in the DAX futures contract and identify the next high probability trading strategy and price objectives to target
DAX 4hour : target of dax is 13900 gap we have 2 gap now (on cash phisical dax index) must fill
if bad news not come we are near low ( it little can go downer to above red area , we must pick buy)
IF YOU PICK BUY , DONT CLOSE IT SOON , WAIT 10-20 DAY MINIMUM TO 14800 or above
FDAX UpdateRSI is now touching oversold much like NQ
I told you guys that FDAX looked bearish yesterday and not to go long in the afternoon. I hope you listened. I just closed out my puts a few minutes ago, I expect the market to go up after the European market closes, but I'm not gonna play it.
Some jackass trolled me a couple of months ago mocking me for tracking European markets, but now you know why. Futures move in the same direction 95% of the time, the US algos tried to pump it premarket and failed because the Euros were selling off strong.
FDAX UpdateLooks damn bearish and a lot of people are projecting that Putin will declare war on May 9th which is Victory Day (WWII) for Russia. I don't see Europe going up tomorrow morning if everyone expects Russia to declare war on Monday.
I don't recommend going long until ES1! and NQ1! go oversold on my short term chart anyways.
