GER30 CFD
Zones of advantage - if shorting the DAXI show two zones of advantage. The first has happened already. Those looking to short the DAX may be interested in another zone.
Certainly shorting after a significant fall is not a great idea, especially as bulls may be looking at a possible double bottom.
The zones do not mean that the market has to obey them! The zones create probabilities.
An additional advantage is that that price is under a trend switch on the 4H time frame.
Scenarios to prepare for (notes to self):
1. Price rocks north and busts through both zones.
2. Price collapses now.
3. Price consolidates before moving north or south.
The big issue here is avoiding FOMO.
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which has a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
DE30 Buy the dip.GER30 - Intraday - We look to Buy at 15513 (stop at 15457)
Daily signals are bullish.
Pivot support is at 15500.
Dips continue to attract buyers.
We look to buy dips.
Daily signals for sentiment are at overbought extremes.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
Our profit targets will be 15666 and 15686
Resistance: 15650 / 15680 / 15700
Support: 15630 / 15600 / 15550
DE30 Buy the dip.GER30 - Intraday - We look to Buy at 15511 (stop at 15457)
Dips continue to attract buyers.
We look to buy dips.
Pivot support is at 15500.
Support is located at 15500 and should stem dips to this area.
We are trading at overbought extremes.
Our profit targets will be 15659 and 15689
Resistance: 15650 / 15700 / 15730
Support: 15600 / 15570 / 15550
DE30 Sell the downtrend.GER30 - Intraday - We look to Sell at 15669 (stop at 15715)
Trend line resistance is located at 15570.
Bespoke resistance is located at 15670.
Pivot resistance is at 15675.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Preferred trade is to sell into rallies.
Our profit targets will be 15551 and 15531
Resistance: 15550 / 15600 / 15670
Support: 15500 / 15470 / 15430
GER30 Sell - Swing TradeGER30 Sell - Swing Trade
Sell Limit 15677.95
Stoploss 15760
Take Profit 15431.7
DE30 Buy the dip.GER30 - Intraday - We look to Buy at 15513 (stop at 15457)
Dips continue to attract buyers.
We look to buy dips.
Daily signals are bullish.
Pivot support is at 15500.
Support is located at 15500 and should stem dips to this area.
Daily signals for sentiment are at overbought extremes.
Our profit targets will be 15666 and 15686
Resistance: 15650 / 15670 / 15700
Support: 15600 / 15550 / 15500
DAX: What is the current forecast? Buy now?Technical analysis of the DAX index - viewed in the D1 chart
The DAX was able to defend its upward trend above the 50-day line despite a more volatile pace in the past trading days. It is still within walking distance of the record high of 15,803 points. A decision as to whether the index remains true to its seasonal pattern and can mark a new high in a timely manner in order to then switch to a corrective phase of several weeks to several months after a top in the course of July should be made in the coming trading days.
Short term opportunities on the upside remain
We continue to favor a temporary new high in the orbit of the remaining potential target areas at 15,900 / 16,000 points or 16,187-16,274 points in July. There are various Fibonacci extension targets, the capping resistance line along the highs of April 19 and June 11, as well as the upper limit (measured by indicators) in the weekly chart. A price confirmation would be seen in a daily close above the current resistance at 15,803 points. After the targeted high, we expect a medium-term downtrend to be established.
Trigger zone on the bottom
From our point of view, the alternative would be an upstream slide below the critical support zone at currently 15,448-15,461 points, especially at the end of the day. A horizontal accumulation zone and the 50-day line act as support themes here. In this case, we would classify a dynamic sell-off in the direction of 15,309 points and then 14,816-14,961 points as likely. Below the last-mentioned zone, the higher-level chart image would then also become significantly clouded.
Note:
Despite careful analysis, Global Investa does not accept any liability for the content, topicality, correctness or completeness of the information provided. The information provided does not constitute investment advice, purchase recommendations or investment brokerage.
dax for monday ,still + trend is powerfull ,exclent NFP alive becouse NFP show industrial employment and grow , effect more on dow,dax (industrial index) so this week we will see buyer pressure (if big bad news not comes)
put buystop on friday high is good idea
AC(or stoch 7.4.4) 4hour chart is green,mean buyer and + trend will come
advice =looking for buy with sl =40 or last low , dont pick sell signal (if you want sell,1000% put SL , dax can go to 17000)
ALERT=if low break dax can see 15200 then 41850(gap) but soon will undo to high (15200-14850 buylimit place with sl=40,,,after opwn ,dont close soon,give 7-8 day time to market back to high,,,,close buy under 16000 is very stupid)
www.tradingview.com
if you have sell , you must put SL=15700(friday high) or put hedge buystop (size=2*total sell) if buystop open ,never close it ,frist close sels in low,then buys on high
good luck
dax40 in comming week will go upper secret= dax is very sensetive on daily chart pinbar 99% work
you can see 8 days ago pinbar,do its job exclent but not done yet , in 16000 will done (as we predict 6 month ago)
in other side dax30 going to add 10 big company ,it will give dax + trend to 17000
in comming week with exclent NFP news behind dax , it must go up,up,upper
if bad news comes,dax can break yesterday low , it can go to 15000 then 14850(buylimit place for hold 20-30 day) gap(on cash xetra dax) then will fly up to 16000
2021-2022 is bull market,enjoy it ,looking for buy in deep , dont risk with sell in powerful + trend
note=in 16000 you can pick selllimit but put SL=80 point , easily dax after 16000 can go to 17000, we will see on 16000 too with target 15200
ichimoku not work on dax (good for trendy markets like gold) , i put it on daily chart only you can see its up,down level , pro traders use EMA200 on dax
prnt.sc
dow and dax have relationship , here open orders by larg banks(brokers) and funds money managers, they pick heavy buy this week ,buy more will continue in next weeks
prnt.sc
prnt.sc
ALERT= dax going to fly up exclent NFP new and factory orders will push dax to 16000 in next 6-7 day you will see + effect
i mportant news = dax30 going to add 10 new company , DAX40 and 10 big company will push dax to 17000 to 20.000 (target for end of 2021)
strongly advice stand on buy side ,looking for buy in deep , dont pick sell signals
www.cnbc.com
GER30 Buy the dip.GER30 - Intraday - We look to Buy at 15507 (stop at 15448)
Daily signals are bullish.
Pivot support is at 15500.
Dips continue to attract buyers.
We look to buy dips.
We have a Gap open at 15570 from 15570 to 15600.
A lower correction is expected.
Our profit targets will be 15666 and 15686
Resistance: 15600 / 15670 / 15700
Support: 15550 / 15500 / 15470
dax crash by emotion but can fly up to 16000see AC indicator (or stochastic 7.4.4) on 4hour chart , it turn red in today morning , force many open sell !!!
be inform dax target stil is 16000 (see fibo 161%)
now on 1hour chart we have buy pinbar going to fibo 61%( FDAX LOVE FIBO 61%) then will go to fibo 161%
ALERT=if low break ,dax can see 14850 powerfull support (gap on cash xetra dax too)
wednesday : 3angel break ,dax has powerful buy trend base fibo extention show dax target is 15880 -16000
1hour Ema200 is important for inter buy
i will buy dax in 15625 with sl=15560
ALERT=fibo 161% on left side show many buyer target is 16200
if you have sell,put SL or hedge buystop on 15712 , break 15712 can shoot dax to 16000
ADVICE=like yesterday stand on buy side,looking for buy in deep ,dont pick sell signals