Short 15080I was asked to give more meaningful descriptions. You know I am just an engineer and usually in my mailing lists I just write ‘long 100’ and at exit ‘flat 120’ without any explanation at all. Most signals are time critical so writing explanations would cost the costumers money. But I will try to give you a better understanding. My signals are generated by automated trading systems. So I often have to go into the source code to figure out what was the deciding factor for the signal. The systems generate about 10 to 20 signals a day so debugging can easily become a full time job. But in this case it was pretty simple to sort out what overruled the rivaling factors. It was a chart pattern that my colleagues and I named in german “hängender Schwanz”. I don’t know the exact translation but it means that the candlesticks show a period of preludium, followed by calmness with small candles in a clear trend, followed by a climax with high volume, a calm eye of the storm, followed by uncertainty, a reversion to a gradually falling slope and then an inversion into the opposite direction while repeating the whole move with reversed signs but some important differences. YM 35000+ was the eye of the storm. YM 34000 to 35000 was the uncertainty and now we flow into the inversion. FDAX is dominated by YM, so the same applies here adjusted by local factors like currency, time zone, monetary policy etc. The next few days into autumn will let us know if this is just a minor correction or a move over some month.
DAX1! trade ideas
15560 gap still is open soon or late dax must fill this gap ,each second dax can fly up 4-5 day
advice=when dax start go up ,dont pick sell signals (it can wild go up witout pullback and you cant close sells) instead looking for buy in deep
we predict for dax 16000 then 16000 for next 10 day
cash xetra dax chart
DAX: The Sun is Rising! 🌅🌅🌅Currently, we expect the DAX is going to rise and leave the low of wave 2 in green behind. It is important that the course is surging past 16024 points. From there, we have plenty of room to further increase to regions around 16500 points. However, the DAX must remain above 14998 points.
Happy trading!
say hello to dax 40 and 17000 point dax now have 40 big company inside like Airbus ,this mean it's value is low , so next target is 17000
strongly advice = dont pick sell signals,looking for buy in deep and hold to new high
in coming week,we predict little down move in monday to support ,then fly to near 16000
ALERT= if dax break 16000 ,door will open to 17000, if you have open sell ,put sl=15670(break this nomber mean + big trend will start)
dax love gap and pullback to fibo 61% dax now must go down , powerfull 2 place we must inter buy(buylimit with sl=40 point
EMA200 on 1hour chart(big green line)
support in 15444
note=on dax when we speak from gap, mean gap on cash phisical xetra dax trade in frankfurt you can see its live chart in this symbol = DEU30
First Trading IdeaWhile the US Markets are still on steroids, here in Europe we could hardly make new highs. I guess this will continue because the UK and Spain are already hit pretty hard by the Delta wave and the travel season will spread the virus. France today has a spike in infections and Germany might follow in the next few days. My trade idea is to short the FDAX here at 15230.
predict = 15300 is dax next low today was futures contract expire day (99% dax go down in expire day)
we going to buy dax around 15300 and hold 10-15 day to 16000-16300
if you have buy,dont panic ,main trend (daily) is + up
note=orange fibo =trend base fibo extention(projection) on dax must draw in 30-240 min last V shape
wish you success
upper gap is open , time to buy dax and hold to 16000 or 16300for better view zoom on above chart
today AC(or stoch 7.4.4) on 4hour chart was red , now it turn gren = up trend can start (looking for buy)
dax frist fill yesterday close price (gap on cash xetra dax) now must fill open gap on up and 16000
if you have open sells,strongly we advice close them now , in going up dont pick other sell,dax fibo161% target is 16300
good luck ,put and never touch SL too
still dax gap is open, will fill soon let see cash xetra dax (frankfurt phisical index) it show gap must fill soon or late
AC is red ,when turn green looking for buy in deep
ALERT=if dax break gap in 15800 can fly up to 16100 to 16300, we dont advice pick sell ,specialy dax30 going to add 10 big company will turn to dax 40, it will increase dax price