Sell GER30 few days tradeHola Guys,
The price broke the triangle made up with T1 and T2. The market had a pullback on S3 pp and S2 support. Thanks for this pullback we made a test ceiling on T2. This for me is a Bearish signal and i'm gonna open a little trade.
SL is 11640, it is also protected by S2 support and S2 pp
. The TP area is the trendline T3. I forecast that the market will kiss the trendline T3 and after it'll have a pullback but for the moment i'm not able to understand the power of this pullback, so i'm gonna stay ready to close the position here.
To understand the analyse please check my last GER30 idea.
For any questions or needs just write in coments or send a p.m. I'll be happy to help you.
Also i'll send BO and countdowns signals in p.m. because isn't easy to share here, is too slowly.
I hope the trade could help you.
Kind Regards,
Delta B.
Germanindex
GER30 in a Triangle area. Weekly analyseHola guys,
Our DAX30 is in a indecision moment, this is the reason this week i staied neutral. It is between R1 resistence and S1, S2 supports. The triangle pattern is made by connecting T1 upper trendline and T2 lower trendline. Also in the chart you can see T3 daily trendline.
Now... my plan for the next week is to wait Monday to see where it's gonna break and after i'll wait a confirmation for the trend that is gonna come ( i'll look for a test ceilling ).
We could have:
1) breaking of T2 and a test ceilling on T1 or S1. Than i'll sell paying attention at 5min candle stick patterns and at the price action. I'll also look for the possible pullback on S2 and T3 ( this are bullish areas ); here i could swip the trade, but anyway i'm gonna advice you if a change is near. S1 and T1 will protect my SL while the first TP could be when the price touches T3
2) breaking of T1 trendline and a test ceiling on the same trendline. This would be a bullish signal ( of course first we have to look at the price action of the market and candle stick patterns ). In this case i'm gonna take a long position, paying attention at when the market touches R1 resistence ( this is the strongest bearish area ). If a swip of the trade will happen i'll write you. S1 will protect my trade while the TP will be near to 11800 ( or i'll close it at a strong pullback that could be a change of direction ).
This is my weekly technical analyse for GER30. When the broke of the triangle will happen i'll publish the idea of the direction that i'm taking.
I hope that this idea will help you. Personally i'll use it to open BO options and couwntdowns... and of course for normal trading too. For any question about the analyse or others request like: the reason of the support and resiste areas, money management or personal market advicer service or account manager ( if you're account is in a bad moment ) contact me in p.m. without any problem, i'll be happy to help you.
Kind Regards,
Delta B.
German Market (DAX 30) to head higher : Elliott Wave AnalysisIn this post I'm discussing the chart of Dax using Elliott Wave.
As per my main count that is presented here the market is in Wave v of Wave 3 and hence a lot of upside remains.
Upside targets for upcoming months :
T1 : 12400 (Most recent high)
T2 : 13000
T3 : 14000
The market seems very favorable from the point of view of investment as more upside can be seen after T3 is achieved, however more optimistic view will be technically achieved once the long standing resistance of 12400 is taken out.
Dax Trading Idea 18-01-17I will open 2 Buy positions:
Position 1 @11560-11590 (max risk -3%)
TP 11650
SL 11545
Position 2 @ 11550 (max risk -3%)
TP 11700
SL 11545
I will open 2 Sell positions:
Position 1 @11615 (max risk -1%)
TP 11545
SL 11635
Position 2 @11680 (max risk -3%)
TP 11545
SL 11705
I wish you a successful Trading Day/Week :)
DAX/GER30 January Analysis + #LongTimeTradeI post everyday my positions. Feel free to contact me.
Dax will reach 11700 till 2017-01-23 !
My Trade Plan for 2017-01-19 - 2017-01-23
Buy @11580 (+70/-58)
TP 11650
SL 11522
Buy @11580 (+120/-58)
TP 11700
SL 11522
My Trade Plan for 2017-01-19 - 2017-05-05 LONG TIME
Buy @11550 (+650/-319)
TP 12200
SL 11230
DAX - time to short index?Now I `m in Long (target 11310-11343).
A possible rebound from the upper border of the channel.
I go into a short deal GER30 on the rebound.
Potential targets on the chart.
Stop on the upper border of the channel (zone 11400-11440).
I will comment on the idea, as events unfold.
Thank you for your attention.
DAX (Long term)Storm coming to the global market
In the United States began an information war
But global forces want to save the US economy, they sacrifice the European economy
Problems at Deutsche Bank.
And of course the media will blame the Mr. Putin
In technical analysis working with fibonacci levels + RSI
GER30: Finally out of the consolidation...short itThe DAX has broken the lower line of the consolidation channel, that is the bearish bias we were waiting for, so to jump on the bigger move downwards, we are waiting on an imminent opportunity at the @10560 level of major resistance, also we have equidistant harmonic retracement.
Hoping to see some kind of rejection at that level complemented with RSI
Have a great weekend !
:)