DAX: possibile long Let's 13080 level been broken on DAX to consider a long entry
Entry: 12934
SL: 12841
TP: 13028
GER30-DAX
FDAX1! - Forecast - 17/08/2020SHORT 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%
dax main trend is +on dax never never trade against main trend (when dax is above EMA200 daily)
so put buylimit , place =
1on gap 1on daily ema200 (and buystop on that zigzag high)
for find target use TREND BASE FIBO EXTENTION(in metatrader =fibo expantion) drow it on last N shape (i draw it on time30min)
main level=61-100-161%
tradingview.com/chart/jtsoM2GC/
GERMANY 30 - Deutscher Aktienindex (DAX30)With a good move to break 11359.4 with force = will cause an up trend continue to 12096.1 as a First Target on daily frame
GER30 (DAX INDEX) A Great Buying Opportunity Trade Proposal:
There is a probability of first tp to the proposed (12399) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.
Technical analysis:
DAX INDEX Waiting for the Range Bound and the beginning of the Ascension Trend.
TP1= 12399
TP2= 13625
Psychological fear and freed patternI am still waiting for an opportunity to short, in my view, we see a glimmer of hope until august - september.
But I guess when it gets colder more people will go to the doctor and become sick, so more corona infections.
My assumption is that insider will trade some weeks before that corona wave 2 to save their assets.
This second wave would be fatal, cause stimulus injections will be limited this time and corona will end only until 2021 may.
A big Insolvency wave will drain the market.
In my view I see black
Is DAX index bearish or bullishI am still following my bearish analysis based on Fib levels.
Governments push the price up by stimulation packages and printing money.
DAX, H4 - the bearish gap has been defendedLooking at the chart of the German DAX index, we may see that the bearish gap was defended after the market broke out from the triangle pattern described in the previous analysis. At that time we pointed to the gap as a potential target and a barrier to possible further increases.
Such a strong reaction to this described resistance may mean that the market has a chance to move back towards potential support, which could be located in the region of 9600 points. There, in turn, is a bullish gap which has not yet been closed,
________
Daniel Kostecki, Chief Analyst Conotoxia Ltd.
Materials, analysis and opinions contained, referenced or provided herein are intended solely for informational and educational purposes. Personal opinion of the author does not represent and should not be constructed as a statement or an investment advice made by Conotoxia Ltd. All indiscriminate reliance on illustrative or informational materials may lead to losses. Past performance is not a reliable indicator of future results.
66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Dax 30 Mark UpThese would be my areas of interest if I were trading the Dax 30.
Bias: Neutral
I would remain flexible with this market. Due to that massive selloff I'd expect Price Action to act as if it's a rubber-band so I would look for long opportunities. We shall see.
***NOT FINANCIAL ADVICE***
Equity Markets showing Reversal on the 4 Hour?First off is the Nikkei 225. We had a break out earlier today which also confirmed a head and shoulders bottoming pattern. The lower high and lower lows began to exhaust. We are now awaiting for our first higher low swing here to confirm this uptrend.
Second is the German Dax. We had our breakout, and are now approaching the major 10,000 level. From here, would like to see 10,000 tested before a pullback and then a breakout creating a head and shoulders pattern and giving us a higher low to confirm an uptrend.
The Russell 2000 is close to the Dax set up. We are watching for this breakout. Similar to the Dax in a way that we would like to see a move higher before a pullback and then a head and shoulders confirmation breakout. The Russell may also be a leading indicator on what we will see with the larger US equities.
A different scenario As I posted, a market is likely to continue HH. But, it is also possible that the market will stay in a range/triangle. This is more likely scenario than it will shoot up.
DE30EUR (GERMAN 30 INDEX) long/buy idea. almost 1700 pips move..In the name of ALLAH who is most merciful and the master...
We take trading as a business, not a gambling stuff.
We have calculated approximate risk to reward ratio.
Please note:
-> Never go beyond 1.5% risk of your total trading capital on a single trade,
-> Always move your stops to your entry levels after the price moves 100 pips towards target,
-> Close half of the trade position after market makes half movement towards target.
ridethepig | DAX 2020 Macro MapAs those following the latest Macro charts in Euro will know, the philosophy of EUR finding a strong bid will constitute good criteria for the devaluation of German Equities and rule out any possibility of setting new all time highs. This is crunching time for the Fiscal side in Europe, if Germany start to use the fiscal side then the logical follow up is EUR long:
An ingenious swing move, which is extraordinarily difficult to trade without knowledge of the fundamentals in play. Bulls have all the time been operating in stealth mode, whereas bears starting to go overboard in a counter attack. Mother Nature is taking care of these errors, all at once. In most circumstances she would have turned a blind eye, although from time to time intervention is necessary with a gentle smile and turned cheek. The diagram in Bund Yields highlights the underlying issue:
The sacrifice of the 12886 lows in DAX creates freedom for the waterfall manoeuvre. Otherwise sacrifices on the topside (only via a sweep) are still possible. See for example the following flows in CAC:
The fact that this attack was able to clear the highs, shows the two different battlefields in play for Europe. The exchange of flows in Europe is particularly worth expressing via DAX shorts with 2020 outlooks all set and ready to go. In the long term, remember to consider the US Equities chart:
To secure the position; invalidation and reassessment only necessary with a break above the highs. To the downside, initial targets enter into play at 10,500 ... we will cover and update the flows live here.
As usual thanks for keeping the support coming with likes, comments, questions and etc! Feel free to jump into the conversation in the comments with your views/charts.
BRACE! THE DAX IN TROUBLE TOO! 😲In this screencast I explore some interesting features in the 1D and 3D time frames.
There is a very rare VHC on the Aroons on the 3D time frame. This has not happened at least since 2008! It usually means business.
Have a look.
As usual your loses are your own.
