Daily analysis and trade setups on DAX Ger30 202200805Happy Friday, Happy NFP Day,
Macro : US NFP
DAX's line in the sand today is 13600 - yesterday's low. Bulls need to defend that and close above 13670.
Buy
Break: 13690, 13725, 13770
Reversal: 13600, 13570, 13500, 13450, 13390
Sell
Break: 13620, 13560, 13490
Reversal: 13680, 13720, 13750, 13850, 13930
Green Goblin levels are here >>>
Confluence Fib levels are here >>>
GER30 CFD
DAX (GER30) ANLYSISWelcome everyone,i'm sharing with you this trade and will tell you how to treat this market. First of all, the DAX broke over the previous resistance which became a support, so its a key level. the market couldn't go all the way up to the next level which is a key resistance, and then it went back. what we can see, is that the market is in an up trend, and we can consider the pullback as a correction where the market regain his force. Secondly, and according to Elliot waves and the Fibonacci, the market is ready now to pump up and go the next level which will be your target. Finally, after testing on the support, and couldnt break it, the market will go up to the next target and will hit it.
Daily analysis and trade setups on DAX Ger30 20220804Happy Thursday & Happy BOE day
Dax bulls are eyeing 13925 now but they will need to defend 13450. Near & below that level, things may change.
Macro: EUR Economic Bulletin, ECB Elderson Speech, GB BOE (everything), US Trade Balance, Jobless Claims, Fed's Mester Speech
Our pivotal level today is at 13600.
Buy
Break: 13670, 13725, 13760, 13820
Reversal: 13580, 13530, 13480, 13440, 13410, 13360
Sell
Break: 13580, 13550, 13490, 13450
Reversal: 13700, 13760, 13800, 13860 13920
Green Goblin levels are here >>>
Confluence chart is here >>>
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 >>>
NAS100 Daily Outlook | August 04Hi All,
NAS100 MN, W1 and D1 price bars are aligned on my previously assumed bullish outburst (check your charts). No concerns at the moment as we clearly were part of that massive move to the upside yesterday.
Short Term Outlook:
1. Market is showing very a strong bullish structure wherein we can take advantage of this structure if H1 price bar closes 13260 level. Our targets would be 13403 (145 pips), 13534 (260 pips) and 13888 (625 pips)
Strategy Applied - Price Action and Levels
Entry Confirmation - The sight of WICK FILL or BULLISH FORCE on M30, H1, H4
2. H1 price bar closure below 13211 level could trigger a short term massive drop to 13089 (122 pips), 12980 (230 pips) and 12806 (408 pips)
Strategy Applied - Price Action and Levels
Entry Confirmation -The sight WICK FILL or BEARISH FORCE on M30, H1, H4
Let me know what you think in the comment session please.
Live Trading today at 14:45 and 16:45 GST
14:45 - GBPUSD (ahead of news release) and GER30
16:45 - EURUSD and NAS100
Yours,
Kings
NAS100 Daily Outlook | August 2Hi All,
NAS100 W1 and M1 are aligned on this bullish outburst (check your charts) . D1 is our only concern, but looking critically at price action, we can clearly see that ONION PLAY (aka Bullish Force) is forming on D1 TF.
Short Term Outlook:
1. The flip of daily time frame at 12969 will bring great momentum to NAS100 where the BULLS will have the market until 13158/ 13381 areas
Strategy Applied - Wick Fill, Bullish Force
Entry Confirmation - The sight of WICK FILL or BULLISH FORCE on M30, H1, H4
2. H4 price bar closure below 12875 literally means that the BEARS will ride the trend until 12777,12675,12561,12466 areas.
Strategy Applied - Price Action and Levels
Entry Confirmation -The sight WICK FILL or BEARISH FORCE on M30, H1, H4
Let me know what you think in the comment session please.
Live Trading today at 13:00 and 16:45 GST
13:00 - EURUSD and GER30 [Platform - Trading view ]
16:45 - EURUSD and NAS100 [Platform - Check my Profile ]
Yours,
Kings
DAX Index, will keep bullish but... GER30Hello my friends, This is an update of previous analysis (blow link). Everything is clear on the chart for you like always. We have a bullish trend and price keeps it but If the price loose the support zone, the sell position will be activated in the direction of the arrow. Also consider the Taiwan situation. So monitor the price's action in the circles.
Good luck.
If you like the idea, do not forget to support with a like and follow me for next analysis :)
Write your comment and opinion below to me
Daily analysis and trade setups on DAX Ger30 20220802*** Tradingview has hidden my analysis for August 1, 2022 because it contained a link to my twitter profile. ***
This is likely to be relatively quiet day unless some news appears. Practically entire Europe is now in vacation mode. Volumes are very thin and hence ticks can be jumpy.
DAX is on a retracement journey. So potential retracement levels are 13350, 13290, 13230 & 13140
If it breaks above 13450 and shows the momentum then next potential levels are 13580, 13690, 13780 and 13840
Macro: US Fed Evans Speech
Today's pivotal level is 13400. It remains bullish on the day above that and bearish below
Buy
Break: 13440, 13495, 13530, 13570, 13610
Reversal: 13340, 13260, 13200, 13170
Sell
Break: 13390, 13320, 13250
Reversal: 13500, 13610, 13720
Green goblin chart is here >>>
Confluence chart is here >>>
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 >>>
Joe Gun2Head Trade - Heading higher int he short termTrade Idea: Selling NASDAQ
Reasoning: Into huge resistance on the weekly chart
Entry Level: 12888
Take Profit Level: 12110
Stop Loss: 13192
Risk/Reward: 2.47:1
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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 >>>
NAS100 Daily Outlook | July 28Hi All,
After FOMC news drive yesterday, WHAT ELSE?
Here are my thoughts;
1. There is a lot of noise to the left hand side so am capping my profit target for buys from 12565 to 12667 zones.
2. Buying mostly today is also confirmed by my WICK FILL play (join my live session to access my 90% winrate playbook) but traders must not expect price to move aggressively to 12900 rather focus on the closest resistance level
3. There are chances that price can drop up until 12303/12174 levels in near term and this is because;
a. We have a strong support level around 12303
b. Previous day's bar does not have a bottom wick hence has the tendency to draw price back to itself.
Let me know what you think about my analysis in the comment session.
To learn more about my favorite setups and how to perfectly harness pips using them, join my live streaming today.
Daily Live Trading session at 8:45AM EST/ 4:45PM GST
Pairs: EURUSD / NAS100 / GER30
-Kings.
GER30 Long OpportunityGER30 has formed a bullish flag chart pattern at the H4 perspective. Wait for the breakout of the structure to look for long opportunity.
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 20220726It's all CHOP CHOP CHOP with DAX for the last 3 days.
Unless one of the levels 13140 or 13290 are broken with confidence, it's going to be like this till FOMC tomorrow
I have observed this behaviour in all the assets when they get close to Brown top levels. DAX is near Brown level B at 13440.
Yesterday's levels are still in play i.e. Blue B and Brown B
Buy
Breaks: 13350, 13440
Reversals: 13100, 12970, 12920, 12830, 12790
Sell
Breaks: 13100, 12990, 12920
Reversals: 13350, 13440, 13600, 13840
For more precise levels, here is the Green Goblins chart >>
Confluence levels are 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 >>
DAX Index, Buy from level. GER30Hello my friends, Everything is clear on the chart for you like always. We have a W pattern at support zone so I expect a long leg to resistance zone. So monitor the price's action in the circles.
Good luck.
If you like the idea, do not forget to support with a like and follow me for next analysis :)
Write your comment and opinion below to me
Daily analysis and trade setups on DAX Ger30 20220722DAX is likely to consolidate today. However, PMI data might change that and make it directional
Blue zones B, C and mega zone Brown B are in play today.
Break below 13100 can drop DAX to 12800 and below
Break above 13300 can take DAX to 13600 and above
Buy
Breaks: 13220, 13270, 13350, 13450
Reversals: 13050, 12960, 12900, 12820, 12700
Sell
Breaks: 13160, 13100, 12990, 12925. 12825
Reversals: 13270, 13380, 13475, 13630
Chart with Green Goblin levels >>>