Crash imminent this October? Is Micheal Burry right?Stockmarkets and Indices could get very interesting starting this October here are my observations....
Germany30
USA stock markets secondary as Germany outperformAlthough the US stock markets are doing OK, including SPY and S&P 500, the DAX seems to be outperformed by a long shot. I just noticed this today out of curiosity since the euro is starting to exceed the British pound. This might be due to the more substantial German market overall.
Ger30 multiple timeframe breakdownGer30 multiple timeframe breakdown, we will be looking to sell going forward and have a buy as stated to fill up the candles
03SEP Ger30 before marketOpenger30 structure is similar to us30 one some I wont be explaining a lot on that I feel like us30 and nas100 will be okay, but ill give insights on ger30 just for this week, after that I wont be giving any.So I'm also neutral will depend what price does when it reach a certain level
New Week, New OpportunitiesHere's our overview on the DE30 for the upcoming days. As always we say, never trade equities without following the news.
If you like the idea, support us with a like and a follow and don't forget to leave your opinion in the comments section.
This analysis is for educational purpose and not to be used on real accounts.
Trading The STOXX600 & GER30 Vs Manufacturing PMI DataIn this video, we take a look at how Manufacturing PMI data in Europe and Germany is used by the investment community to know when to buy or sell stocks with the European region.
This economic indicator is a powerful tool we can use to a clear idea as to the expected performance of the German 30 index and STOXX600 Index.
Manufacturing PMI data is available on investing.com on the first week of each month.
This is what global indices are telling us. Part 2 In this video I've gone into more detail for the EURO stox, GDAX, UK and NIFTY. They're all showing potential signs of a turn around which indicates a turn around coming in the American markets as well.
The Importance of Correlating Assets Hello Traders,
In today's lecture I'm explaining the importance of monitoring correlating assets to help give us early clues about the major asset we're looking to trade.
When trading EURUSD, I like to look at 6 correlating assets. They are as follows:
GBPUSD
DXY
GOLD
SPX
DAX
I hope you find this video to be informative and educational to allow you to add correlating assets as a strategy approach when trade planning.
Always remember to trade safe - trade well.
~Michael Harding
DAX30 GER30 London Session Pre-Market AnalysisDAX30 GER30 London Session Pre-Market Analysis
The DAX is creating a B trap on D1
H1 shows a 3 up... and currently red and green line are touching
marked the box high and low of the h1 box
I'd like price to break out above the h1 box high
#DAX Full Trading Analysis (Predictable Fibonacci Confluences)Traders, In this analysis I show how market moves in harmonics and how things line up nicely if we just learn to use fibonacci properly. DAX has several opportunities coming in coming weeks and months. Support and motivate me by hitting the like button, subscribing to my channel and sharing this analysis with other traders.
Comment below and let me know what you think of this analysis and what is yours? I welcome all comments, feedback, ideas and sharing of knowledge.
Have a great trading week!
Short GDAX [ DE30] Entry: 13700 TP:13200 SL: 13800This is a FUNDAMENTAL based trade ( Entry, TP, and SL are defined based on the D1, and H4 recent levels)
- Strong Support line found at all time high zone ( 13 765 - 13800)
- Negative EU economic date
- Increase of the number of Corona Virus cases
- Expectations of the global economy to slow based on the current economic rate
- German and European economies relies highly of manufacturing which is highly tight to the Chinese economy
Risk:Reward almost 1:5
Trade Safe :)
