Incredible oportunity on GER30 for todayWe have a simetrical triangle, the trend is upward, so watch for a top breakout.
Tomorrow, 23 may at 10:30 and 11:00 am we have red news, so keep an eye on it.
Germany30
German DAX Stock Index (The strong trending days are over)We had a great run since early 2019 and now the bull momentum has stalled in recent weeks.
So, we may go into a dreadful range period for now with big range bound movement.
We can see the strong bullish support are near 11300 to 11500 regions and if there is any pullback to the mentioned region, we can expect a push back up.
Time the trade well.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Short on DAX indexDax soon will go down, you can start open a short positions....
We have a three possible targets :
1. 11900 zone
2. 11750 zone
3. 11500 zone
I will update this trade.
Good Luck!
The German30 DAX Index from a different point of view.MMHVW - see chart. Uploaded fir cross reference purposes and not go be taken as financial advice.
Germoney High risk- Nice R/R ratio shortHigh risk trade with really nice R/R ratio. Move the SL to breakeven once it surpass 12280. Follow your risk and money management strictly. Good luck.
325 pts easy to takeNo comment
especially all german data like Pmi are so bad
overbought also
eurphoria about china /us trade talks
DAX Germany30 Index Short OpportunityRising wedge with bearish divergence, entry at 12310/12320, minimum target 12.134 stop above 12354
DAX FORECAST - NEW BULLISH IMPULSEHey Traders!
So I was expecting a pattern here and we have a perfect Impulse and a corrective structure which seems like a ZIgZag ABC.
A smaller degree impulse happened inside the structure so we will look for a buy set up; however it could continue correcting, let's hope it goes as planed.
Always trade with care,
Carlos
Short The DAXThere is a gap between 11800-11720 which needs to filled. There is a probability it can jump to these levels before go south to fill the other two gaps @ 10913 and 10447. Good luck :)
DAX / GER30 Short IdeaThe DAX index has hit daily resistance at 11,48x and will continue down for the time being.
I've seen a lot of chatter about the coorelation between AUDUSD and DAX and I have to agree that it follows it by +/- 60 days. If I continue to use this theory as a basis for my trate, we should see DAX shave off around 1,000 points in the next week.
German Stock Index (Range Bound Movement is expected)View On German Index (27 Mar 2018)
DAX is the strong pullback mode since last Jan and now it has reached an important resistant region
Now, I am not seeing any extreme edge at the moment and the market shall go into range for the immediate term (up to 1 month)
it will use 11300 as support level while 11600 as resistant for now.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
German Rally Exhaustion 1. Broke through rising wedge
2. RSI Bearish Divergence
3. Good RR.
**Wait for retracement to zone.
Short DAXWe called this our yesterday, already 200 pips + in profit now.
Today has been the worse day for there German DAX since February 7th (1.6%) where now we will see a decline all the way to the 11,500 region.
Ger30 DEAD man walking on steroids. Clear D1 sell opportunity.Clear D1 Ger30 sell opportunity.
We haven't yet solved Brexit :D
We buy long bad economy data :D
April Option Interest is in focus of 11.420 :D
RSI D1 clear overbought sign :D
What is here going on?
Algos doing crap again. This runs on steroids.
Don't get trappet.
Target: 1 11680
Target: 2 11450
Fibonacci Resistance StrongSome technical oscillators are suggesting overbought, but others not so much. The Fibo retracements suggest a strong resistance level. Overall, I want to see the DAX get above these levels if we expect this upward wedge to continue.
