DAX Trading A Complex CorrectionIn this update, we review the recent price action in the DAX futures contract and identify the next high probability trading strategy and price objectives to target
FDAX1! trade ideas
DAX 4hour : target of dax is 13900 gap we have 2 gap now (on cash phisical dax index) must fill
if bad news not come we are near low ( it little can go downer to above red area , we must pick buy)
IF YOU PICK BUY , DONT CLOSE IT SOON , WAIT 10-20 DAY MINIMUM TO 14800 or above
Mini Dax Future Europe Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
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FDAX UpdateRSI is now touching oversold much like NQ
I told you guys that FDAX looked bearish yesterday and not to go long in the afternoon. I hope you listened. I just closed out my puts a few minutes ago, I expect the market to go up after the European market closes, but I'm not gonna play it.
Some jackass trolled me a couple of months ago mocking me for tracking European markets, but now you know why. Futures move in the same direction 95% of the time, the US algos tried to pump it premarket and failed because the Euros were selling off strong.
DAX - five waves down completedDax completed an impulse to the downside, correction to follow. 13920 should be hard to break, plan to go short at that level.
FDAX UpdateLooks damn bearish and a lot of people are projecting that Putin will declare war on May 9th which is Victory Day (WWII) for Russia. I don't see Europe going up tomorrow morning if everyone expects Russia to declare war on Monday.
I don't recommend going long until ES1! and NQ1! go oversold on my short term chart anyways.
DAX Bearish unless this trend-line breaks.In the past month, I've made a case why DAX remains a long-term sell. The key parameter is the Lower Highs trend-line that started after the index made a (near) All Time High on January 05. As you see, the price has been rejected on that trend-line countless times already and on today's 1D candle, it has come the closest since the April 21 rejection.
A new rejection there, should extend the Channel Down, towards a new Lower Low around 13400. A break above the All Time High Lower Highs trend-line should be enough to reverse the long-term market sentiment from bearish to bullish. Keep in mind that the whole pattern since January, resembles a giant Inverse Head and Shoulders on a slope, with the two Channel Down patterns possibly serving the role of the Shoulders and the March 07 dip the role of the Head.
Keep an eye on the 1W RSI. A Bullish Cross will most likely confirm the sentiment shift from long-term bearish to bullish. In that case, target 16000. If on the other hand the Channel Down breaks to the downside, we may see accumulated selling similar to the February 24 break-out. In that case, I expect at least 12500.
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DAX 4 hour : Dow push dax down , but we must looking for buy 14800 gap on cash xetra dax still is open , we predict after some down move , dax can fly up again , so we must looking for buy = wait dax break trend line to up ok? or pinbar comes on 60-240-1440min chart then pick buy and hold it to high (buy in deep , close on high)
like always SL = last clear low
if you have buy , dont fear , dax will fly up soon (main daily chart trend is + up) be patient , dont close your buy sooner than 14400
good luck , WHEN DAX START GO UP , DONT PICK SELL , IT DONT PULLBACK YOU CAN CLOSE SELL
DAX Successful Equality Test & ReversalIn this update we review the recent price action in the DAX and highlight the next high probability trading pattern and price objectives to target
DAX : daily chart fibo 161% show dax will reach 18500 !!!!! but now dax can go up to fibo 61%( dax love fibo 61% too much) then 2 way possible , mini crash to 13400 or going upper to EMA200 daily
personaly i advice dont pick sell( each second dax,dow,nasdaw can fly up wild witout pullback and dont allow you close your sell) , only looking for buy in deep then hold 5-6 day to new high )
good luck , 100% put SL in last low ,,, keep monitor AC indicator on 30min and 240min chart(try find its secrets,reactions)
DAX 4 hour : dax reach ichimoku cloud low ,now can go upNasdaq crash today evening , push dow ,dax down , now we are looking for buy for hold 15-20 day until new high ( Ema200 daily 100% will touch soon, dax love EMA200)
advice = when pinbar comes on 1hour or 4hour or daily chart , dont fear pick buy with SL in low (punbar low) then try hold it mibimum to EMA200 daily ,understand?
if dax going downer in above fibo 61% , 13400 and GAP (cash xetra dax gap) near 12900 , we must pick buy , hold to high ( you must be very patient , some times pro traders open order take 3 month !!!
if you have old buy (why dont put SL in low or hedge sellstop?) dont fear ,bet you dax will see 15000 soon
good luck , dont forget on dax monitor AC indicator in 30min and 240min ( it show stochastic 7.4.4 movment)
DAX Double Correction Set UpIn this update we review the recent price action in the DAX and identify the next high probability trading pattern and price objectives to target.
DAX 4 hour : it give sell signal now dax break big trend line (on FED increase rate news)
for now : we can pick sell under red arrow + sellstop in friday low and we can buylimit above 2 green arrow and hold them 10 day to EMA200 daily near 14900
if you have old buy , put SL or hedge sellstop under friday low , allow dax go down and back to up, up trend apear ( neverclose sell in low , price can go downer)
note = if dax break red trend line 14250 , it is buy signal , dax can go to EMA200 daily 14900
good luck , keep monitor AC indicator on 30min and 240min chart (if you are new on AC indicator , 8 month only watch it a.d find its secrets,reactions, dont trade with it )
DAX futures on 4hour say : 2 scenario on dax despite yesterday crash led by DOW , we predict dax up move will continue to back to high above 16000(can take 6-8 month)
we will buy dax above 14270 , we have fibo 61% and EMA200 there (SL under support or 14150) after +80 point profit ,move SL to open price then wait 6-7 day (for safe buy = you can wait pinbar comes on higher time frame , or last trendline break on 5 min chart to up ,understand? then SL= day low)
strongly advice dont open sell , hold your buy until near 15000 ( buy low size , hold ,wait too much, pick big point )
good luck , keep monitor AC indicator on DAX in 30min and 4hour chart)
note= gap on chart comes from cash dax (phisical dax trade in frankfort)
FDAX UpdateFDAX RSI hit overbought, so market looking weak.
Possible gap down tomorrow, feeling bearish at least for the open tomorrow. Not to mention Friday is usually the day fund managers re-align their portfolio and you gotta figure they're going to dump crap stocks based on what NFLX did.
DAX: Popeye ⚓️“I’m strong to the “finich”, ‘cause I eats me spinach”, that’s the motto of Popeye the Sailor Man. He gets strength from eating spinach, which he conveniently carries with him in cans all the time. DAX has also taken a mouthful from the green spinach can between 13981 and 13385 points to gain strength for its long way upwards. We expect the index to surmount the mark at 14663 points soon and to continue the ascent above 16295 points from there.
DAX can reach 14770 gap ( cash xetra dax gap)as predict 2-3 days ago , DAX ,DOW ,Nasdaq have powerful buy so looking for buy in 15min chart deep
ALERT = dont pick sell on dax , dax ,dow,nasdaq easily can fly up and back to high ( if you want sell under green arrow , pickvery very low sell with SL=40 point , never remove it )
on dax AC indicator(accelator occilator) on 4hour and 30min is very important
good luck
DAX Still consolidating. Trade the break-out.Not much have changed on the German stock market (DAX) as the price is still consolidating within the All Time High Lower Highs trend-line of January (Resistance) and the 0.382 Fibonacci retracement level (Support).
Being below the 1D MA50 (blue trend-line) as well, scalpers may find some value trading the 1D MA50 - 0.382 Fib Zone but a lower risk trade lies on the break-out, either above the Lower Highs trend-line (bullish targeting the 1D MA200 (orang trend-line) and then the All Time High) or below the 0.382 Fib (bearish towards the 0.236 Fib/ 1W MA200 (red trend-line) and then the March lows.
While the 1D RSI favors the downside, keep an eye on the MACD for a Bullish Cross, which will shift the sentiment upwards. Also on a longer-term horizon, this looks like an Inverse Head and Shoulders on a declining trend with the ATH Lower Highs trend-line as the Resistance to break. And that is typically a bottom pattern calling for a trend reversal to the upside.
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Dax Futures Germany Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
DAX Trading The Corrective ChannelIn this update we review the recent price action in the Dax futures contract and identify some high probability trading patterns and price objectives to target.
DAX if break EMA200 1hour (Green Line) can fly up we are waiting Dax break EMA200 1hour to enter buy !
2 target 🎯 it has above 14600 and EMA200 daily (big orange line)
these 6-7 day market is range so looking for breakup is good idea
alert= on daily chart Dax can create W shape too
DAX Last week's trading plan intactDAX eventually followed the trading plan suggested last week, as the price turned neutral into a consolidation range, following the rejection on the All Time High Lower Highs trend-line:
The strategy is still valid. As long as the Lower Highs trend-line holds and the 0.382 Fibonacci retracement level supports, we can keep scalping for medium-term profits. A break above the Lower Highs is a bullish break-out signal targeting the 16290 High, while a break below the 0.382 Fib (13900) is a bearish break-out signal targeting initially 13350 (March 10 Low).
Notice that in RSI terms (portrayed on the 1D time-frame), it has started trading downwards on Lower Highs, similar to January. That was when the correction trend of the Lower Highs started.
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