DAX maintains a very healthy bullish 1D technical outlook (RSI = 60.112, MACD = 108.800, ADX = 23.465) as it is extending a rebound aon the 1D MA50, after an August 5th rebound on the 1D MA200 as well. Successive holds of those levels suggest that the index has already started the new Bullish Wave of the 2022 Channel Up. We can target at least the 2.0 Fibonacci...
Good Evening and I hope you are well. tl;dr Big news first. There is no reason why markets could not continue higher. Tis what I wrote yesterday. So you have been warned I guess. Indexes - Huge gap up and go on most markets during the Globex and EU session. Right now we are mostly trading between the 15m and 1h 20ema and that’s my absolute worst spot to...
Team, we are shorting DAX at market price 18865 STOP LOSS at 18930.20 Target 1 - 18826 - bring stop loss to BE once the price is reached Target 2 - 18771 Target 3 - 18724
Team, I am waiting for the price to move toward our position to short. We are considering shorting once the price hits below 18703-18697. The current price is at 18720 We assume the stop loss at 18775, but a safer stop loss level would be at 18817 Our target would be 18619.4. Please reduce or take profit from 50% to 70% of your volume at this price and trail your...
Good Evening and I hope you are well. tl;dr Indexes - Many new highs but also a deep pullback and we closed around the middle of the daily range. Are we smarter than yesterday? We know that bulls remain in control since we are trading above most higher tf ema but bears also sold off for 1% today on the sp500. I keep my neutral stance and wait for the FOMC...
Last week we were looking for a sell from 18500 with many technical confluences. We also had a 11 day straight bull run without any meaningful retracements. This is a continuation to the previous idea, as the price did not react from our level of interest and kept pushing higher. Currently waiting for 18800, which is the Weekly 0.786 fib level drawn from the all...
European Shares Rise, Led by Tech and Resources Sectors European shares opened higher on Wednesday, with gains driven by the tech and basic resources sectors, as investors await a key U.S. inflation report for insights into the Federal Reserve’s upcoming interest rate decision. The DAX remains in a bullish momentum zone as long as it trades above 18,180, with...
We are shorting DAX at 18646.8 with a stop loss at 18741 target at 18546 Once the price hit below 18600, trail stop loss to BE level.
Good Evening and I hope you are well. tl;dr dax: Neutral. Won’t be running into any more traps again. Both sides have reasonable arguments but bulls closed last week at the highs, so bulls are slightly favored. Best pattern currently is probably the big bull wedge we are in. Bulls want a retest of the ath 18990 and bears below 18000. Bullish above 18750 and...
Hola ola My Dear, Robbers / Money Makers & Losers, This is our master plan to Heist GERMANY 40 / DE40 based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level...
Team we are shorting the at the current price of 18556, you can use stop loss at 18613 or 18684 Target 1 at 18511.2 target 2 at 18422 target 3 at 18383 Please note: once the price hit the first target at 18511.1 take 50-60% volume trail your stop loss to 18613. There will be a consolidated period between 18480-18555, so please be aware
Good Evening and I hope you are well. tl;dr Indexes - What a bear trap that was. Many decent double bottoms and then straight up melting. Many markets did not even touch the 3m 20ema on the move up. Bulls took full control again imo and I expect the highs to be retested, if not broken. SP500 the strongest of the ones I trade. Very very low chance of this being...
Good Evening and I hope you are well. tl;dr Indexes - Dax puked hard but bulls are also making money there. Rest of my followed indexes were mixed. Bears still expect a bigger second leg down when you look at the daily charts. Add the bull trend lines to the current bear flags and wait for a break below. If we get it, I do think most bulls will cover. I am not...
Good Evening and I hope you are well. tl;dr Indexes - Green across the board. On the daily charts it’s mostly a small to normal bullish inside bar, so nothing to get excited about yet for the bulls. Tomorrow will be very important for the bears. If they fail to test the lows again or stop the pullback, many bears could give up and let the bulls test the highs...
Hola ola My Dear, Robbers / Money Makers & Losers, This is our master plan to Heist GERMANY 40 / DE40 Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at...
Good Evening and I hope you are well. tl;dr dax: Full bear mode. Bull trap and of August after making a new ath. Market is clearly in a hurry to go down again. Stairs up, elevator down. Most likely the bear gap to 18750 will stay open and every short sl has to be around that price. 1. tp is 50% pullback 18000 and as of now I expect a pullback there or more...
Good Evening and I hope you are well. tl;dr Indexes - Bears are selling the rips but most markets are contracting. Will most likely see a big move tomorrow but I don’t have a strong opinion on the direction. Very slightly favoring the bears for a bigger second leg down. dax futures comment: Y close was 18625 and today’s close was 18624. We oscillate around...
Good Evening and I hope you are well. tl;dr Indexes - Bearish bias confirmed. Bulls getting nervous by now. More bad data releases and markets are leaving bear gaps unclosed. Today we also made lower lows and the pullbacks were shallow. All good for the bears and the odds of another strong leg down and a measured move got higher today. dax futures comment:...