Germany
Vonovia Break EvenMy Vonovia position in on break even. The breakout happend perfectly, there was a bigger pullback, thats an opportunity to move the stop.
If it breaks the 31.75 i will move my stop.
This is a long term Position, I'm even interessted in holding this Company.
I think the dax is just testing breakoutJust think this is a normal back test, but you never know these day's.....maybe Trump sends out another tweet the DAX is overvalued and I am screwed..........:-) We will find out soon........
BAYER (+MONSANTO) - LONGI have open position on Bayer since 1st January.
I like how it looks on the chart.
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 Index just hit the 78.6 Fibonacci RetracementDAX Index just hit the 78.6 Fibonacci Retracement, so I'm expecting a big down move.
Stop loss can be put just over the previous high and Take Profit at 50 level.
DAX 30 - Current consolidation analyzedFollowing the breakout of the channel at the beginning of December, the upward impulsion seems now to be over and a consolidation period has started since the end of 2016.
An important divergence exists between the recent uptrend of the price and 3 indicators (MACD, Momentum and RSI). The most valuable one being the RSI being clearly now in a downward configuration with a break of a support and creation of new lows.
This is very much a short term signal, as this divergence is not visible on the weekly data.
- Short term holders would keep their positions unless price goes below the current support at 11,484
- Mid to long term holders have no reason at this stage to cut their position
- In case of a break below the 11,484, the index could retrace down to around 10,897 (61.8% of the current impulsion)
- A break above 11,695 would create a new high and be a buy signal, cancelling out the divergence observed
GER30 SHORTMay have a reversal on the FX:GER30 . I am waiting for a clear signal of the bears taking over price and we could get a pullback
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.
618 retrace from the 2015 all time high...Looks like the weekly flag played out nicely. Any bulls may want to take some profits here though. Nice move overall so you've got to give some respect to more upside but I expect this 618 to piece and then pull back. I'll assess for more clues over the next few weeks.
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
DAX (Happy Friday - Day trading)DAX moving in the channel between 10600-10800
I see stochastic intersects its means upward movement
DAX GER30 backtesting bearish trendline - still SHORTDAX GER30 backtesting bearish trendline - still SHORT
