Germany
DAXGood move this morging. I still look down. But after speech Mario Dragi DAX can go up.
If you dont want lose your money every time open positions with STOP LOSE
Bayer stock facing upside pressureBayer have just taken over Monsanto. This is huge as it brings together two of the biggest pharmaceutical firms globally. Looking technically, I can see some severe upside where investors look to pile into this now global powerhouse (takeover valued at $68bn). I would expect a rally to $112 based off of current market structure and the bullish harami pattern. I would also like to see end of week volumes finish extremely high.
DAX going higher.The DAX continues to look healthy, and the potential pullback in this market should only have buyers interested. The breaking above of the 10800 level should be a sign we are continuing the uptrend. I think that the 10,400 level below is the 'floor' in this market as well.....
DAX 30 (MONEY MAKER)Long time i think about DAX. I see one Global chanel(RED) and smaller channel (Black). In all channels shall be downward movement.
Every order to open with SL
Have good profit my people!
DAX-30GER-30 again make little correction up. After DAX need going more down. Because golbal down trend for DAX
If you open position just with SL
DAX - Bullish Continuation Descending TriangleIt was a pain trading the DAX all of last week. Several candles indicated tactical bounces off important breakout supports around 10470 - 490, however the index failed to distance itself from key supports, decisively. Friday ended the week with a bullish engulfing pattern. Bigger picture, we are looking at a descending triangle pattern, which I expect to resolve higher, given the bullish backdrop since February.
DAX Not Playing Out As ExpectedThe anticipated bounce off breakout supports didn't play out as expected. Lack of follow-up is a signal that we need to accept. I'm not turning bearish, yet. Key support to watch on the Index is at 10443. Below would complete a minor top with light support at 10374 (gap) and heavier supports at 10129 - 10093 - 10066 (key moving averages, early August reaction low).
Sticking To Dax Bull CaseYesterday's candle was actually bullish. Long-legged candles signal reversals, even if the intraday selloff may have suggested otherwise. The key message: breakout levels ~10490 were tested (violated), but held. Index is off to a fresh swing higher, which could target 10860 (late December high) and 10981 (cycle fibo level).
With that in mind, yesterday's mini reversal in Gold, and GBP strengthening vs. USD, are short-term technicals suggesting we are getting a dovish Yellen at JH?
DAX SHORT :))) 10380ENTRY BETWEEN 10450 to 10500 will be fine but i will wait for 10500...
SHORT FROM 12:00 GMT till next 4hours :)
EXIT between 10370 10380
DAX Back At Breakout Level - Worth A LongOur favorite European Index, the German DAX, escaped the bear market in early August, when it rebounded swiftly after initially rejecting mega-resistance at 10475-485, which it then took out very aggressively. This Monday sent a bearish shooting star candle on overbought conditions, calling for a healthy pullback. As securities often do, they retrace back to breakout levels. Today's session did exactly that and rebounded right at 10490, the former year highs.
Daily oscillators aren't bottoming yet, and today's candle isn't really as attractive, as I would like to have it, I would risk a long, given the bullish long-term backdrop. Target at 10800 - Stop at 10450.
Best,
DAX-30The leaders of growth among the DAX0.69% 30 index components on the basis of today's trading were the shares of Deutsche Bank AG-1.21% (DE: DBKGn), which went up by 0380 n . ( 3.07 % ) , closing at 12755 . Quotes Adidas AG (DE: ADSGN) increased by 3,750 n . ( 2.53 % ) , ending trading at 152250 . Shares of Commerzbank AG (DE: CBKG) rose at 0116 n . ( 2.05 % ) , closing at 5767 .
Dax Price Action System 1 - Trade #196Long @ 10.674,8 Stop Loss @ 10.568,1 Take Profit @ 10.941,7 Risk / Trade 1,07%
