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Ger40

2024-10-24 - priceactiontds - daily update - daxGood Evening and I hope you are well. tl;dr Indexes - Bulls bought the lows as was expected but they could not close the day with a strong bull bar. Instead we printed weak bull bars or inside bars. Are we any smarter today? Not much. Both sides are to weak to show a clear direction and so we mostly move sideways. Bears do not have any arguments after not getting any follow through. Bulls at least closed it above the daily 20ema, so we are still inside the bullish patterns and upwards is more likely than down. dax futures comment: We have formed nested triangles and I have no opinion on who might win the breakout. Today my bias was heavily bullish and that paid big time in the morning but then the weak bulls surprised me. I do expect the breakout to happen tomorrow. current market cycle: late bull trend key levels: 19400 - 20000 bull case: Bulls broke above yesterday’s trading range which was an obvious magnet but were not strong enough to get above Tuesday’s highs and closed the day slightly above the open price. The formed triangle will likely play out in tomorrow’s EU session and during the US session we should see a bigger breakout. Bulls still have the valid 20000 target. Invalidation is below 19300. bear case: Bears are showing signs of life and the pattern the market has printed over the past 2 months, shows us that we are late in this bull trend and the end is probably near. I have little doubt that if we get to 20000, the high should be around that price and if you can hold shorts for longer and scale in higher, it will be an amazing short opportunity. Until bears print a big bear bar below the bull trend line and daily 20ema, this market is still inside the bull trend. Invalidation is above 19700. short term: Neutral. 19413 should hold as the low and I slightly favor the bulls to break above the triangle but I will wait for strong confirmation or buy longs on decent pullbacks. medium-long term - Update from 2024-10-19 : 20000 is the goal for 2024, if bulls do not get it until year end, it will probably not happen for the next 5-10 years. This market is beyond overvalued and will drop 30-50% in the next 5 years. I have no doubts about that. That fact should not be relevant to your trading at all. Right now there is no selling pressure. I am confident that we will hit 17000 in 2025 but timing is more important than price, so let’s not waste brain capital on being bearish for now. current swing trade: None trade of the day : Yesterday I wrote this is a strong buy and so it was. Buying the Globex low while bar 24 formed was an amazing trade.
EUREX:FDXSZ2024
by priceactiontds
2024-10-23 - priceactiontds - daily update - daxGood Evening and I hope you are well. tl;dr Indexes - Big bear day on most indexes but they did not accomplish enough to flip the markets to always-in-short. I do think the odds of a bullish reversal into the weekend are much greater than continued selling. Many markets are at perfect support and buying this is a no-brainer for many bulls. We still have bullish targets above us (e.g. sp500 → 6000 and dax to 20000). dax futures comment: Bulls have waited for this pullback a long time and I highly doubt they will let it go to waste. Very high chance of this being a bear trap and we melt from here. Wait for confirmation before you trade this. We are right at the daily 20ema and the big bull trend line from August. Buying with a stop 19416 is probably risky but could work. Waiting for bears to try 19400 again might be wiser but it depends on tomorrows price action. Last thing I want to do here is enter new shorts. As mentioned in my weekly update and over the last weeks, 20000 is the target and I doubt the market can move significantly lower without touching it. Buckel up for tomorrow and Friday, we will see some big moves. current market cycle: bull trend key levels: 19400 - 20000 bull case: Bulls got the textbook pullback to huge support and they want to go straight up to 20000 from here. There is nothing more fancy to say about this. Look at the chart and wait for bulls to come around tomorrow, use a decent stop and let your trade run when it happens. Where would most bulls give up? Tough. It’s probably not 19399. Many will scale in but I do think this should not go below 19300 or the bull case is likely over. Invalidation is below 19300. bear case: Bears had a strong day but did not close below the daily ema and the big bull trend line. Zero doubt that bears will give up quickly once bulls come around because they know it’s big support. They made some decent points the past 3 days and most won’t overstay their welcome. If they manage to get below 19300, they would flip the market to always in short and their next targets would be 19100. Very unlikely that will happen but it’s possible, so I think it’s useful to mention. Invalidation is above 19480. short term: If we stay above 19400, max bullish for 20000. medium-long term - Update from 2024-10-19 : 20000 is the goal for 2024, if bulls do not get it until year end, it will probably not happen for the next 5-10 years. This market is beyond overvalued and will drop 30-50% in the next 5 years. I have no doubts about that. That fact should not be relevant to your trading at all. Right now there is no selling pressure. I am confident that we will hit 17000 in 2025 but timing is more important than price, so let’s not waste brain capital on being bearish for now. current swing trade: None trade of the day: Selling 19570 has worked on Tuesday and so today. Obvious resistance.
EUREX:FDXSZ2024Long
by priceactiontds
Could the price bounce from here?GER40 is reacting off the support level which is a pullback support and could bounce from this level to our take profit. Entry: 19,439.80 Why we like it: There is a pullback support level. Stop loss: 19,279.78 Why we like it: There is a pullback support level that aligns with the 50% Fibonacci retracement. Take profit: 19,673.35 Why we like it: There is a pullback resistance level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:GER40Long
by VantageMarkets
#202442 - priceactiontds - weekly update - dax xetraGood Evening and I hope you are well. tl;dr dax: We are in W5 and no idea how high it will go. 20000 is the obvious choice and only 300 points higher on xetra. Until we hit that level, it’s hard to get bearish. The bull channel is also perfectly leading up to that price and who tf am I to deny technical patterns eh. Only longs for me are on strong momentum and they will be scalps. I am awaiting the weakness to short this into oblivion over the next 2 years. Quote from last week: comment: Bullish outlook was good. Bulls will likely retest ath on Monday/Tuesday and have good chances of making new ones. My targets above are 19500 and 19600 with 20000 being possible if we get blow-off top. Don’t be a bear until bears can close below 18900. comment : Bullish was good but the rally is losing steam. We are in the final leg before we probably transition into a trading range before we go down. 20000 is the target for bulls and I expect them to get it one way or the other. Preferred path is a spike followed by huge profit taking. Nothing about the chart is good for bears and I would not even think about shorts, before we see some decent selling again. You never want to be early in a trade as a retail trader. current market cycle: bull trend key levels: 19000 - 20000 bull case: Bulls have all arguments on their side again. My bullish wave thesis is still fitting perfectly and W5 could lead to 20000. Any close below 19200 would seriously hurt the bull case. I can’t write anything else but the stuff from last week. Nothing changed. We are moving higher, bears have no arguments, 20k is the target. Don’t make this more complicated as it is. Invalidation is below 19300. bear case: If you don’t want to long this, you simply have to wait. Bears are doing nothing and until we see much greater selling pressure, I will not even waste time on thinking bearish. Will this overvalued trash index lose 30-50% in the next 5 years? I have zero doubts about that. Is this the time to start scaling into shorts? Absolutely fucking not. Invalidation is above 19400. outlook last week: short term: Bullish for 19500 and higher. → Last Sunday we traded 19373 and now we are at 19779. Everyone is a genius in a bull trend. Never forget that when your uber driver tells you about Nvidia or Dogecoin. short term: Bullish for 20000. Can see a pullback first or not. We are in the middle of the channel, which is always a bad spot. Trade momentum or long a decent pullback. medium-long term - Update from 2024-10-19: 20000 is the goal for 2024, if bulls do not get it until year end, it will probably not happen for the next 5-10 years. This market is beyond overvalued and will drop 30-50% in the next 5 years. I have no doubts about that. That fact should not be relevant to your trading at all. Right now there is no selling pressure. I am confident that we will hit 17000 in 2025 but timing is more important than price, so let’s not waste brain capital on being bearish for now. current swing trade: None chart update: Added minor upper bull wedge trend lines (dotted) which will likely be broken on Monday and deleted again and a possible two legged correction.
XETR:DAXLong
by priceactiontds
2024-10-17 - priceactiontds - daily update - daxGood Evening and I hope you are well. tl;dr Indexes - Bullish spikes on all of them but markets closed mixed. All closed with a big tail above and we are where we closed yesterday. Near but still above the daily 20ema, near bull trend lines but also with bulls not strong enough to get a big breakout above with follow through. Most of the current patterns are in their last stages and the breakout will happen over the next days. I am neutral for now and scalp in both directions. dax futures comment: Big spike to new ath but also big rejection. Market is contracting inside the clear bull wedge. I doubt we get the breakout tomorrow but it could happen but next week for sure. Where will this break out to? Right now I favor another leg down to 19500ish more than a breakout above. On the daily chart it’s bullish and nothing else. I still do have my 20000 target. current market cycle: bull trend key levels: 19500 - 20000 bull case: Bulls touched 19800 and got rejected, no surprise there. Only question is how fast do will they retest that price. It’s possible that we need to sell some more to find new buyers but I do think bulls have a better chance of the blow off top if they stay above 19600. Since we are oscillating around 19700, I can’t be anything but neutral for now. Invalidation is below 19500. bear case: Bears need a daily close below 19500 to break outside the bull wedge inside the bigger bull channel on the daily chart. Volume is increasing which is better for the bears than the bulls but they can’t print one decent daily bear bar and until that changes, you simply can not be a bear here. Invalidation is above 19820. short term: Neutral. Bullish above 19820 and bearish below 19500. medium-long term - Update from 2024-10-06: 3 Months left in 2024 and I do think the market is in a trading range where the upper area is around 19500 and the lower area is probably 17000 or 16000 if something bigger comes up. Since we are at the very top, I expect the market to go some sideways before trying to go down again. Not so sure about 19491 being the high, since liquidity could see a bigger increase and upside could be higher. We will likely have another 10%+ correction this year and a possible year end rally. Update 2024-10-13: Possibility of a blow-off top to 20000 is there. If we get there, it will be the short opportunity of the decade. current swing trade: None trade of the day: S elling 19800 or buying the opening breakout above 19640, which was good for 160 points.
EUREX:FDXSZ2024
by priceactiontds
2024-10-15 - priceactiontds - daily update - daxGood Evening and I hope you are well. dax futures comment: A daily bear bar closing on it’s low. What a time to be alive. Kinda in the middle of the channel now, which is a bad bad place to trade. Both sides have valid arguments. I would rather sit on hands and only scalp on momentum than initiate trades around 19600. current market cycle: bull trend key levels: 19500 - 20000 bull case: Bulls can be happy a decent dip came which they can now buy. Will they buy 19600 or will they wait? I am not sure but would you really want to buy 19600 now in hopes of a climactic continuation above 19800? Hard to make that a good trade. I do think the rally was fueled by momentum, that is gone now. Invalidation is below 19500. bear case: Bears finally got a decent day and they want/need follow through tomorrow. Obvious targets to hit next are 19350ish (breakout price) and the potentially much bigger support at the daily 20ema and the bull trend line around 19300-19350. If we get there, I highly doubt bears will push their luck and we see another strong move up. On the 1h tf, the first target for tomorrow is the open of the week 19536 and that is also where a smaller bull trend line is. Can be bigger support and bears could also give up there. Hard to make a bigger bear case for now but it’s worse for the bulls to blindly buy this just because we dipped some. Invalidation is above 19800. short term: Bullish but a bit more neutral right now, until we know where the next support is and bulls come around again medium-long term - Update from 2024-10-06: 3 Months left in 2024 and I do think the market is in a trading range where the upper area is around 19500 and the lower area is probably 17000 or 16000 if something bigger comes up. Since we are at the very top, I expect the market to go some sideways before trying to go down again. Not so sure about 19491 being the high, since liquidity could see a bigger increase and upside could be higher. We will likely have another 10%+ correction this year and a possible year end rally. Update 2024-10-13: Possibility of a blow-off top to 20000 is there. If we get there, it will be the short opportunity of the decade. current swing trade: None trade of the day: Shorting 19750 was not the hard part about the short trade but holding through bar 38 - 52 was. Had to get short bar 32 or latest 33. Can you hold afterwards? Tough. Open price was an obvious magnet when we hit 19650, so do you want to hold through a 60 point up move when you are short? I did not. Could have gone short below bar 57 but then you see the spike and hope for more and when you hold, market reverses bad again and you are underwater or break even at best. Then you do what? The 15m 20ema was decent to short then but all in all tough because market wanted lower but also produced many big tails below the bars that touched 19600.
EUREX:FDXSZ2024
by priceactiontds
2024-10-14 - priceactiontds - daily update - daxGood Evening and I hope you are well. tl;dr Indexes - In my weekly post yesterday I wrote “max bullish” a couple of times and I hope you did not short this today. Bulls are in absolute control and they have no reason to stop buying every small dip. You can not be a bear on the hope that this madness will stop eventually. It can go much further than you can imagine. Strong day, strong close, can only expect higher prices until bears print consecutive big bear bars on higher time frames. My best guess is still a blow-off top this week, which can mark the top before we see a bigger correction. Today felt like we are already in it. dax futures comment: Bulls got follow through and confirmed Friday’s bullishness. There is nothing bearish about this so don’t waste time looking for bear arguments. You never want to be the first in trading unless you are a big institution who needs to scale into positions because you literally move the market otherwise. 19700 is almost a given but buying high is not the way to go here. Wait for decent pullbacks. Today the 30m 20ema was perfect to buy on 3 occasions. current market cycle: bull trend key levels: 19500 - 20000 bull case: Bulls are close enough to 20000 and bears absent to enough to expect that we get there. We have formed a proper channel where the lower trend line is around 19600. If that holds, it’s max bullish again but we could also reach the bigger trend line around 19500 before going higher again. Since bulls literally bought every dip since Wednesday, expect for them to continue to do so. Invalidation is below 18500. bear case: Best they can hope for is sideways movement and maybe get down to the 1h 20ema. Anything below 19500 would surprise me. Their target is to test the 1h 20ema and the lower bull channel line around 19600ish. If they somehow break that, their next target would be the price area around 19550. Invalidation is above 18720. short term: Max bullish until bears come around. Look for longs. medium-long term - Update from 2024-10-06: 3 Months left in 2024 and I do think the market is in a trading range where the upper area is around 19500 and the lower area is probably 17000 or 16000 if something bigger comes up. Since we are at the very top, I expect the market to go some sideways before trying to go down again. Not so sure about 19491 being the high, since liquidity could see a bigger increase and upside could be higher. We will likely have another 10%+ correction this year and a possible year end rally. Update 2024-10-13: Possibility of a blow-off top to 20000 is there. If we get there, it will be the short opportunity of the decade. current swing trade: None trade of the day: Close of last week held during Globex, EU opened could not even get down there, that was the last big hint bulls mean business and you should get long. Only real tricky thing today was to either hold through bar 32 - 34 or get long again on bar 49 or 54.
EUREX:FDXSZ2024Long
by priceactiontds
DAX to challenge the all time highs?DE30EUR - 24H EXPIRY Our short term bias remains positive. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. Previous resistance at 19300 now becomes support. We look to buy dips. Price action continues to trade around the all-time highs. - We look to Buy at 19305 (stop at 19205) Our profit targets will be 19555 and 19625 Resistance: 19400 / 19495 / 19600 Support: 19340 / 19300 / 19200 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:DE30EURLong
by OANDA
2024-10-10 - priceactiontds - daily update - daxGood evening and I hope you are well. tl;dr dax - Perfect two legged (ABC) correction on the 1h tf and now bulls are free to continue the short squeeze. Buckle up. Bears are only allowed to speak below 19250. If bears manage that, next target would be 19100 and a continuation of the trading range since last Tuesday. My swing long is going. comment : My line in the sand for the bulls was 19250 and the low was 19276. Bulls now want the third big leg up tomorrow and they have all the reason to assume it will happen. We have a perfect bull trend line, so watch what the market is doing around it and don’t short until it’s broken. I’m full bull here. current market cycle: bull trend key levels: 19000 - 20000 bull case: Bulls want the third leg to 19600+. That’s it. As long as the bull trend line holds, it’s bullish. You can either long now or wait on a breakout above 19450 with follow through. Either is fine. Stop is obvious (if not, ask me). Invalidation is below 19276. bear case: Bears fumbled it today. Selling was decent but they could not get below the breakout price 19270 and if bulls start the better buying tomorrow, I don’t think we will see much fighting. If bears somehow manage to print below 19250, consider me surprised and that I am wrong. Invalidation is above 19450. short term: Max bullish. Stop is still 19250. medium-long term - Update from 2024-09-01 : 4 Months left in 2024 and I do think the market is in a trading range where the upper area is around 19000 and the lower area is probably 17000 or 16000 if something bigger comes up. Since we are at the very top, I expect the market to go some sideways before trying to go down again. Next 2000 Points will be made to the downside but it’s too early to short this. current swing trade : Can do long now, 19358 or wait on breakout. Stop is the same. trade of the day: Selling 19400 was decent I guess but on these days you find the middle of the range and scalp.
EUREX:FDXSZ2024Long
by priceactiontds
DAX: Channel Up intact. Bullish.DAX is bullish on its 1D technical outlook (RSI = 61.639, MACD = 2020.300, ADX = 35.161) but only neutral on 4H, indicating the significant upside potential it has. Right now the price found support on the 4H MA50 and is rebounding. This suggests the the previous correction is over, the bearish wave of the two month Channel Up bottomed near the 4H MA200 and the 0.5 Fib. We turn buyers again on DAX, aiming for the -0.382 Fib (TP = 19,900). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:DE40Long
by InvestingScope
2024-10-08 - priceactiontds - daily update - daxGood evening and I hope you are well. tl;dr dax - Do or die for the bears at exactly at the bear trend line and last weeks close and also Monday’s pullback high around 19260. Above 19290, bulls are favored for a breakout and target 19330 or higher. If we turn here, I expect 19100 or lower. dax futures comment: Watch the 30m 20ema tomorrow and see if bulls can hold above it. The 19250-19280 area should be resistance and I favor the bears, once we drop below 19200 again. Bulls want the breakout above 19280 and then a strong move for a retest of 19491 ath. We are near are exactly at two very important trend lines. One is the big bull trend line from early August (please see my weekly post and chart) and the other is the bear trend line from the ath. I expect a huge day tomorrow, once we know who wins the battle. Right now I think odds are 50/50. current market cycle: bull trend (big trend line is currently at 18950 on xetra) - close below 19000 ends that bull trend key levels: 19000 - 20000 bull case: Bulls need to break above the bear trend line to stay above the bull trend line and daily 20ema. Market traded the 4th consecutive day around the daily ema and tomorrow we will likely have a huge breakout. If bulls win, we will probably retest the ath. Invalidation is below 19000. bear case : Bears are in do or die mode. Either reverse hard and stay below the bear trend line, or give up and see 19400+ again. Both sides showed strength this week and there is no clear direction for tomorrow. Bear case gets better once we trade below 19200 again. Invalidation is above 19280. short term: Neutral between 19200 - 19280. Bearish below, bullish above. Best to wait for the breakout tomorrow or Friday but I favor tomorrow. medium-long term - Update from 2024-09-01: 4 Months left in 2024 and I do think the market is in a trading range where the upper area is around 19000 and the lower area is probably 17000 or 16000 if something bigger comes up. Since we are at the very top, I expect the market to go some sideways before trying to go down again. Next 2000 Points will be made to the downside but it’s too early to short this. current swing trade: Will swing in the direction of tomorrows breakout trade of the day: Strong selling through Globex but market made a tripple bottom near 19050 and whenever the market tries to do something 2-3 times and fails, it will likely try the opposite. Long above 19130 - bar 10 was a very good trade.
EUREX:FDXSZ2024
by priceactiontds
DAX Analysis: Consolidation Signals Pending BreakoutDAX Technical Analysis: The price is anticipated to consolidate between 19100 and 18975 until a breakout occurs. A close below 18975 on the 4-hour chart would signal a bearish trend, with potential targets at 18890 and 18780. Conversely, a 4-hour close above 19110 would support a bullish trend, likely driving the price toward 19250. Key Levels: Pivot Point: 19020 Resistance Levels: 19110, 19250, 19330 Support Levels: 18970, 18780, 18650 Trend: - Consolidation 19100 and 18970 - Bearish below 18970 - Bullish above 19110 previous idea:
PEPPERSTONE:GER40Short
by SroshMayi
GER40 "GERMANY40 Index" Money Heist Plan on Bullish SideHallo! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist GER40 "GERMANY40 Index" based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Stop Loss 🛑 : Recent Swing Low using 1H timeframe Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
PEPPERSTONE:GER40Long
by Thief_Trader
GER40 / GERMANY40 Market Money Heist Plan on Bearish SideHallo My Dear Robbers / Money Makers & Losers, 🤑💰 This is our master plan to Heist GER40 / GERMANY40 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 the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich 💰. Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High Stop Loss 🛑: Recent Swing High using 2h timeframe Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
PEPPERSTONE:GER40Short
by Thief_Trader
DAX This week offers a great buying opportunity.DAX (DE40) has been trading within the same Channel Up since the bottom of the Inflation Crisis on the week of October 03 2022. The recent August 05 rebound on the 1W MA200 (blue trend-line) was nothing but the start of the new Bullish Leg of the pattern, the 3rd in total. The previous two, following their respective Bearish Legs (dotted Channel Down), they first reached a Resistance just above the previous High and after a pull-back and break-out above it, the continued for the 2nd part of the Leg. It appears that in symmetrical terms, we are exactly there, right before the start of the 2nd phase of the Bullish Leg. Interestingly enough, the 1W MACD completed a Bullish Cross just last week (been the most solid bottom confirmation in the past Legs) so if anything, the rally could be even stronger. In any case, keeping in mind the strict Resistance offered by the Higher Highs trend-line of the Channel Up, our target is still 20000, which is just below the 1.618 Fibonacci extension. That is the Fib level where both previous Higher Highs of the Channel Up were priced. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:DE40Long
by TradingShot
2024-10-03 - priceactiontds - daily update - daxGood Evening and I hope you are well. tl;dr dax - Look at the xetra 1h chart because it’s clearer there than on futures. 4 legs down and we have not touched the 1h 20ema on xetra since Tuesday. Strong follow through selling and there is an open gap down to 18928. Since we are seeing continues episodes of buying, I do expect this gap to get closed on a spike and we might go neutral or green into the weekend. We are right at the bull trend line from beginning of August and I highly doubt it will get broken on the second touch. comment : Clear picture on the xetra chart. Close enough to the bull trend line to expect a big bounce upwards to 19200 or higher. If bears win this, next good support is 18800ish. I favor the bulls if they break strongly above the 1h 20ema tomorrow. current market cycle: bull trend (big trend line is currently at 18950 on xetra) key levels: 19000 - 20000 bull case: Bulls are trying and buying in between the bear legs and one side will give up for a bigger move soon. Since this is the second touch of the bull trend line from early August, I have to favor the bulls. Their first target is a 1h bar close above 19100 and if the move is strong enough, we see more bears giving up and they will probably wait before shorting again higher. Second target is 19200 (50% pullback). Invalidation is below 18800. bear case: Bears continue to sell every rip near the 1h 20ema but the selling is getting weaker and they barely made new lows today. It’s either go big or go home for the bears. Strong break below the bull trend line 18900 is their only option or give up and try to short higher (19200 or wait for 19500). Invalidation is above 19150. short term: Neutral again at 19000. Big round number, should be huge support and my bias is bullish for tomorrow. medium-long term - Update from 2024-09-01: 4 Months left in 2024 and I do think the market is in a trading range where the upper area is around 19000 and the lower area is probably 17000 or 16000 if something bigger comes up. Since we are at the very top, I expect the market to go some sideways before trying to go down again. Next 2000 Points will be made to the downside but it’s too early to short this. current swing trade : None trade of the day: Short near the 1h 20ema, again. Or buying 19000. Obvious trades in hindsight…
XETR:DAX
by priceactiontds
2024-10-02 - priceactiontds - daily update - daxGood Evening and I hope you are well. tl;dr dax - 3 clear legs down and today’s selling could not reach the lower bear trend line, which showed weakness by the bears. We are close enough to the daily 20ema to expect bulls scaling into longs and hoping for a retest of 19400/19500 or higher. 1h 20ema held today too but I expect it to be broken tomorrow. Below 19200, 19000 will come fast. comment: Not happy with the currently drawn bear channel, since market has only 1 touch of the upper trend line. I expect sideways to up movement tomorrow until we touch it and there bears have to defend it for another try at 19200. I am neutral around 19300 and can’t see bears doing another strong leg down tomorrow. current market cycle: bull trend (big trend line is currently at 19000, minor bull trend line got hit today) key levels: 19000 - 20000 bull case: Bulls bought the minor bull trend line that started 2024-09-11 and probably also the daily 20ema which is only 200 points lower. It was also the August high 19217. Bulls want to make 19200 support that was previously resistance before market broke strongly above it for a new ath. Bulls know that this is the first pullback in an otherwise very strong bull trend and high 1 are almost never working strongly for bears. Bulls see this as a pullback and scaling into longs, that is why we have tails below the prior 2 daily bars. Next they want to break above the 1h 20ema and retest today’s high 19428 - above that price comes 19500 probably quick because I expect many bears to have their stops there. Invalidation is below 19190. bear case: Bears had 3 legs down and today’s leg was weaker than before. Not good for them. They need to defend the 1h ema or risk a test of 19428. They do not have many arguments besides trading below the 1h ema. We are still above the daily ema and both bull trend lines. Either bears show strength tomorrow or bulls will take control again. Don’t. Short. The. Hole. Invalidation is above 19430. short term: Neutral around 19300. Bullish above 19430 and bearish only below big bear bars below 19200. medium-long term - Update from 2024-09-01: 4 Months left in 2024 and I do think the market is in a trading range where the upper area is around 19000 and the lower area is probably 17000 or 16000 if something bigger comes up. Since we are at the very top, I expect the market to go some sideways before trying to go down again. Next 2000 Points will be made to the downside but it’s too early to short this. current swing trade: None. trade of the day: Shorting 1h 20ema again. The selling down to 19200 was weirdly strong.
EUREX:FDXSZ2024
by priceactiontds
DAX Bearish Below 19,260, Bullish Reversal Requires Close AboveDAX Technical Analysis: The price has dropped and successfully reached our target of 19,100. Today, DAX remains in a bearish trend as long as it trades below 19,260, with further downside targets at 19,100 and 18,970. To shift into a bullish trend, the price must close at least a 1-hour candle above 19,260. Key Levels: Pivot Point: 19260 Resistance Levels: 19330, 19490, 19720 Support Levels: 19100, 18970, 18780 Trend: Bearish trend as long as trades under 19260 previous idea:
PEPPERSTONE:GER40Short
by SroshMayi
2024-09-25 - priceactiontds - daily update - daxGood Evening and I hope you are well. tl;dr Indexes - Yesterday I promised you the breakout on Thursday and boi did we get one today. Problem for the bulls is, that they could not trap bears and they also could not close at the highs. That means, that the directional probability up or down is once again 50/50 (neutral). Most bull channels and wedges are still valid but if bears would have given up, we would not have seen 50-75% retracements of the leg up. Still bullish until bears print lower lows. dax futures comment: Big breakout, no more guessing about the direction. Now it’s a matter of how high can it get? It’s obviously a short squeeze and a stupid rally based on nothing but bear pain. Does that help you trading? No. There are several measured move targets and the next best one I have is 19600. Does not mean we have to get there but it also does not mean we can not hit 20000. Yes. 20000. Why are you still doubting this madness? current market cycle: broad bull channel key levels: 19000 - 19600 bull case: Bulls did it again. Most of the move happened during Globex and probably left many traders out of the market and had them chasing a second leg all day, which they got. Bulls did 4 clear legs up and that should be enough for now. Bulls kept buying the 15m 20ema all day and they also closed the EU and US session at their respective highs. You have absolutely zero reason to assume the highs are in. Look for pullbacks to get long until bulls clearly have no interest in higher prices. Invalidation is below 19250. bear case: Bears are in a world of pain. Every macro schmackro indicator points to a German recession and the auto industry is giving out warnings on earnings. Nothing makes sense from a “logical” standpoint. Welcome to trading. The sooner you realize this is a giant casino, the quicker you learn to let go and don’t care about this stuff. You have to trade your strategy and manage risk. Bears have nothing going for them and would need to get below 19250 before they have any case. Can this be a giant bull trap and we reverse strongly over the next 1-5 days? Everything is possible. Can you short this? Only if you want your account to be blown. Invalidation is above 19500. short term: Max bullishness if we stay above 19250. 19600 is my next best target before we can talk about the most insane of all targets, 20000. medium-long term: Can not hold any bearish outlook on this breakout. Need to see the next pullback to calculate new targets. current swing trade: None trade of the day: The buying during Globex did not stop and the 15m 20ema held all day. Not one pullback dropped below the previous one. Just a very strong bull trend day and you can buy anywhere and make money if you hold. Sounds easier than it is, I know.
EUREX:FDXSZ2024Long
by priceactiontds
2024-09-25 - priceactiontds - daily update - daxGood Evening and I hope you are well. tl;dr Indexes - Sideways. I won’t write much about this. Markets refuse to go lower but also not much higher. Best now is to wait for the clear breakout that will likely happen this week. I have zero bias to which direction it will go. I am not a fortune teller. Both sides have reasonable arguments, despite this being one of, if not the biggest asset bubble in history. comment: Market continues to contract. Many lines on my chart but all of them are valid until broken. Will see a bigger breakout tomorrow and or Friday. current market cycle: trading range key levels: 19000 - 19200 bull case: Bulls are somewhat very slightly favored since we are making higher highs and higher lows but barely. Not much changed since last Thursday. We are near the ath and market refuses to go down. Structure on the daily chart has potential for a breakout above. Wait for it to happen or scalp small. Invalidation is below 19000. bear case: Bears try but once market begins to stall they are out. Their only objective is to keep the market below the ath or near it. Not much more to say until they print something below 19000 again. Everything below 18800 would be amazing for the bears and would probably end this bull move. Invalidation is above 19250. short term: Neutral and waiting for the breakout. Bulls want above 19250 (roughly 19100 on xetra) and bears below 18800. Everything in between is a dead zone where market is in balance. medium-long term - Update from 2024-09-01: 4 Months left in 2024 and I do think the market is in a trading range where the upper area is around 19000 and the lower area is probably 17000 or 16000 if something bigger comes up. Since we are at the very top, I expect the market to go some sideways before trying to go down again. Next 2000 Points will be made to the downside but it’s too early to short this. current swing trade: None. trade of the day: Buying 19000 or shorting near 19100. Bear trend line from 19195 was decent to short.
EUREX:FDXSZ2024
by priceactiontds