Retest of the channel breakLong trade on 4hr retesting the channel breakout on the 4hr chart. Just be aware as the breakout has low volume therefore be quick to move to breakeven is order gets triggered. Longby dan411vm1
GER30 Dax (Eurex) may rise to 18250.00 - 18370.00Pivot 17965.00 Our preference Long positions above 17965.00 with targets at 18250.00 & 18370.00 in extension. Alternative scenario Below 17965.00 look for further downside with 17870.00 & 17770.00 as targets. Comment Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. Supports and resistances 18400.00 18370.00 18250.00 18165.00 Last 17965.00 17870.00 17770.00 Number of asterisks represents the strength of support and resistance levels.Longby Daniel_Thompson1
DAX making progress off of Friday lowThe DAX is showing relative strength following Friday's low. The hourly chart may be running out of puff, but that will bring support levels into focus. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (trading as “FXCM” or “FXCM EU”), previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763). Please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this video are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed via FXCM`s website: Stratos Markets Limited clients please see: www.fxcm.com Stratos Europe Ltd clients please see: www.fxcm.com Stratos Trading Pty. Limited clients please see: www.fxcm.com Stratos Global LLC clients please see: www.fxcm.com Past Performance is not an indicator of future results.Long04:21by FXCM115
Bullish Rise DE40 has just bounced off at the pivot and could rise to the next pullback resistance level which is close to 161.6% Fibonacci extension Alternatively, if the price breaks below the pivot, it could continue to fall to the next support level level Pivot: 17902 Support: 17657 Resistance: 18208 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party. Longby ICmarkets224
Weekly Technical Analysis 22/04/2024Start your week by identifying the key price levels and trends. The SpreadEx Research team has analysed the most popular markets, including stocks, indices, commodities & forex. *KEY Trend direction is set by the slope of the VWAP Trend phase is determined by the current price relative to the VWAP (20) level and Elliot waves Support & Resistance are set by the StdDev #2 Lower and Upper respectively. Momentum is determined by the RSI level (70 as overbought and under 30 as oversold). ------------------------------------------------------------------------- Analysis Germany 40 has shifted to a bearish trend and entered an impulsive phase, with the price now at 17,827, which is below the VWAP of 18,013. The index has found new support at 17,499 and is encountering resistance at 18,564. The RSI has decreased to 42, indicating a significant shift in market sentiment from previously bullish to currently bearish. UK 100 remains in a neutral phase, turning from bearish to quickly bullish again in a generally sideways move. The price has slightly increased to 7,986, positioning it above the VWAP of 7,913. The new support level is now 7,836, while resistance aligns exactly with the current price at 7,986. The RSI has decreased to 62, reflecting a cooling of earlier bullish sentiment. Wall Street continues to be bearish and the recent sell-off leaves it in an impulsive phase. The price is slightly higher at 38,117, yet it falls below the VWAP of 38,444. The support and resistance levels have been significantly adjusted to 37,183 and 39,704, respectively. The RSI is down to 41, further signalling a deepening of the bearish momentum. Brent Crude remains bullish with an upwards sloping VWAP but has transitioned to a corrective phase. The price has dropped to 85.66, below the VWAP of 88.73. Support has been set at 85.41, with resistance not far off at 92.05. An RSI of 39 indicates a significant reduction in bullish momentum. Gold continues to display a bullish trend and is in an impulsive phase as price hovers near recent highs, with the price rising to 2,364, above the VWAP of 2,335. The support level has been revised up to 2,244, and resistance has been slightly adjusted to 2,426. The RSI at 63 shows a mild decrease in bullish sentiment. EUR/USD remains bearish and in an impulsive phase, with the price slightly higher at 1.0664 above recent lows, yet still well below the VWAP of 1.0735. The support has been adjusted to 1.0560, with resistance at 1.0910. The RSI has risen slightly to 38, suggesting a softening of the bearish pressure. GBP/USD continues to be bearish and impulsive, with the price now at 1.2382, below the VWAP of 1.2535. The support level has been revised down to 1.2324, with resistance noted at 1.2746. The RSI has decreased to 31, indicating a slight intensification of bearish momentum. by Spreadex0
Potential bullish bounceThe DAX (DE40) has made a bullish reaction off the pivot which has been identified as a pullback support. Could this index potentially bounce higher towards the 1st resistance? Pivot: 17,680.30 1st Support: 17,004.20 1st Resistance: 18,560.76 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Longby ICmarkets3
DAX: Almost on the 1D MA100. Has it bottomed?DAX effortlessly made a -6.50% decline from the top and hit our 17,450 TP, crossing in the meantime under the 1D MA50 for the first time since November 10th 2023. Naturally its 1D technically outlook turned bearish (RSI = 41.378, MACD = 14.500, ADX = 36.627). In our view, it has or is very close to the new technical bottom as the 1D MA100 is just right under and the 1D RSI is inside a Channel Down bottom similar to March 20 2023. We don't expect the price to drop much lower than 17,300 next week, if it does then the ultimate long term buy entry will be on the 1D MA200. Our target by June is the HH Zone again (TP = 18,750). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope10
Germany 40Pair : Germany 40 Index Description : Completed " 1234 " Impulsive Waves Break of Structure RSI - Divergence Exp FIAT as an Corrective Pattern in Short Time Frameby ForexDetective3
DAX - Bouhmidi-Reversal next targets After a nervous start and breaking through the previous day's low (17716) and the lower Bouhmidi bands (17678), a relaxation in the form of a reversal towards the range of the previous day is emerging around noon. This is initially a positive sign! The next intraday targets are: If defending the previous day's low: 17761/17863/17996 If falling below the previous day's low: 17678/17598/17519..by SalahBouhmidi3
DAX bears lose control following Israel's retaliationThe DAX dropped following the news that Israel retaliated for Iran's attack over the weekend. However, the bears seem to have lost control, with the hourly charge at a crossroads. The longer-term path shows a series of lower peaks followed by lower troughs. This suggests that the current up-leg may be an exploitable rally in the downtrend. The DAX hourly chart is showing signs of support. However, the daily chart is still under pressure. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (trading as “FXCM” or “FXCM EU”), previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763). Please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this video are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed via FXCM`s website: Stratos Markets Limited clients please see: www.fxcm.com Stratos Europe Ltd clients please see: www.fxcm.com Stratos Trading Pty. Limited clients please see: www.fxcm.com Stratos Global LLC clients please see: www.fxcm.com Past Performance is not an indicator of future results.05:05by FXCM4
Momentum Regimes: Major IndicesMomentum Regimes: Major Indices The charts show the current momentum regimes for 4 of the major global indices. These are subject to change. by techpers1
Dax 40 So we wait for pdl and pdh sweep then we hop to 4 hour time frame them we find our order blockby Myco_1
Selling German 30(Ger40)Set up wasn't respected, although it stop out on the second entry( the scaling in trade). Shortby Rudo_Planet9030
DAX to find buyers at market price?GER40 - 24h expiry Price action looks to be forming a bottom. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. The primary trend remains bullish. 50 1day EMA is at 17765. A Doji style candle has been posted from the base. The corrective cycle lower looks to have stalled. We look to Buy at 17830 (stop at 17730) Our profit targets will be 18080 and 18160 Resistance: 17910 / 18000 / 18100 Support: 17800 / 17713 / 17600 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.Longby OANDA2
1:1 Short DAX1. Daily Break of Structure (BOS) 2. 50 & 100 EMA Cross down on H4 and PA retest of EMAs 3. Retest of BOS 4. Trendline Break and Retest at H4 EMA CrossoverShortby rogruz0
German 30( ger 40) sellWith the previous trade taken taken yesterday got a chance to make a scale in, and this further goes in line with the trading plan of scaling in only when the previous trade is in profit. Shortby Rudo_Planet9030
Sell, ger40(German 30)A trade according to a proven and tested strategy, I like to call it triangle set up commonly known as the break out structure. Took a sell after a retest at a resistance area, and made a double top for further confirmation. Shortby Rudo_Planet9030
DAX short-term traders are bullishThe DAX hourly chart is showing signs of support. However, the daily chart is still under pressure. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (trading as “FXCM” or “FXCM EU”), previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763). Please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this video are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed via FXCM`s website: Stratos Markets Limited clients please see: www.fxcm.com Stratos Europe Ltd clients please see: www.fxcm.com Stratos Trading Pty. Limited clients please see: www.fxcm.com Stratos Global LLC clients please see: www.fxcm.com Past Performance is not an indicator of future results.Long03:42by FXCM228
Sell on German 30Set up wasn't respected. As planned, a retest was made in the significant level, which was part of my trading plan however, it didn't go into play.Shortby Rudo_Planet9030
GER40 short ideaAt rising channel toppish, look like pushing up momentum is greatly reduced looking at the gradients of each rise. RSI is diverging. at BB top, has shown a bearish bar. high risk to reward ratio. Shortby jianhua85Updated 4
A sell on German 30Using my strategy, a triangle set up, commonly known as the breakout structure. I enter my trade at a retest of a sensitive area (a area with multiple touches) and I place my Tp at the base of the triangle therefore making me a swing trader as some trades take a day or more. And this one isn't any differentShortby Rudo_Planet903112
2024-04-16 - a daily price action after hour update - daxGood Evening and I hope you are well. Today nothing moved the markets and I was humble enough to book some early profits and scalps before US open. I left it at that and am very happy with that decision. Days like this are the death for inexperienced traders, so if you lost money today, train on a paper account when market is this choppy. Leave your ego at the door if you think paper trading is above you. Base thesis still stands, markets would have traded lower by now if bears could have done so. Market is looking for a reason to bounce and retest the highs or print a lower high. Obviously invalid if we see meaningful lower prices with follow through. dax bull case: Atrocious price action but bulls kept it above 18000, which was the bare minimum they had to do today. Avg daily range is somewhat above 180 over the last days and today was around 150 where we closed 70 points below the open. Tight trading range will a lot of fades. Did not help anyone to establish their bias. Bulls want to retest the open of the week 18200 and see if they can trade higher again. Daily 20ema is 18250 so this will be a magnet. bear case: I have zero interest of being a bear at 18000 for now. Bears showed unbelievable strength on their first sign of life since late 2023-12 and this tight channel down is too tight for my comfort. Chances that we break below are very slim. That being said, bear channel is alive and well and the bull trend line from 2023-10 is broken, had it’s retest and is now gone for good. If you are still holding your longs because you have a “feeling” market will turn, I probably can’t help you. I won’t turn full bear until we see a better lower high or retest of the ath before we can form a proper broader channel downwards. short term: Sideways to up - 10 Days where rips were sold and new lows were bought. Stick to what has worked until it clearly does not anymore. medium-long term: After 10 consecutive green weeks, we finally printed two red ones. Bears are drooling. My long term outlook stays bearish and I expect at least a -20% correction in 2024. —changed -30 to -20% because price is moving higher while time is getting shorter for the target. Medium term is 17100 while I think we can touch the big bull trend line starting 2022-10 around 16700 in 2024. —unchanged trade of the day: If you are not comfortable with tight trading range price action, train with a demo account until you are. Think of your training as athletes do. Longby priceactiontds1
GER 40 - Premarket Analysis Apr 16, 2024GER 40 - Premarket Analysis Apr 16, 2024 Based on Trend Analysis, and chart recognition from Simple Trading Book and Volume ProfileShortby Trader604Updated 4