Dax Wolfe Pattern Possible Wolfe Waves structure. Seems that in any scenario (long or short) the price should retouch the lower trendline of the pattern in area 15170. So we are positioned short from 15260. Not investment advice.
FDAX1! trade ideas
2 powerful place for buylimit and hold minimum to fibo 61% you can hold these buys to fibo 161% too (can take 15 day
ALERT=if you have sells , close all near 15077 , each second dax can fly to 16300 (fibo 161%) dont pick sell signals, main trend on daily chart is very +
note=our target for close buys is fibo 161%=16300 area , be careful it can goes to 17000 too (dax40 is under fair value )
note=AC 4hour is green now , check it
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for coming week = fibo 61% show dax target is 15555 16300 is our target for next 30 day and 17000 until end of 2021
strongly advice dont pick sell signals ,looking for buy in deep(sl= day low)
if you want pick sell signals ,Never Never remove your SL (on day high) ,each second dax can fly up to 16300 even 17000
if you have sell now,put sl on today high , break high mean start of + trend
dax must go this way on cash xetra dax DEU30 we have gap in 15035
alert=if dax break high, can forget downer gap and fly up to 15555 gap
dax next target is 1555 gap on cash xetra dax best trade for now is buy near yesterday close and buystop on today high (above gap)
cash xetra dax
note= we calculate dax next high (our target) 16200-16300 be careful from sell
Understanding Sessions - DAX FuturesFollow up from yesterday's post for US Futures, but same concepts apply for ALL assets in any market.
See this example from the action this morning.
DAX hasn't yet settled beneath the US Session Open, clearly indicating current pressure remains up.
Yet the range potential on a push higher or lower is nice and wide. For these cases I tend to prefer to play the reaction to the next move, not predict the move itself. If you're scalping, you can use the smaller timeframe session open such as 5 minute as a guide for 'in the moment' pressure, but always keep these bigger sessions in mind and where you are in relation to them.
Reference my earlier posts from yesterday and this morning for ES for more info.
news on dax push it under EMA200 daily ZOOM on above chart
dax now touch powerful support on daily chart(must be low for next 30 day) , we dont belive sell on dax , soon or late it must fly up to fill 2 open gap on cash dax
advice = when dax break ema200 daily (big orange line) looking for buy in deep with sl in low ,dont pick sell signals
alert= dax in 2-3 day can move up 1000 point ,see march 2021/3/9
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.
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
dont fear buy dax and hold until fibo 61% despite AC 240min is red ,looking for buy and hold 7-8 day
FDAX UpdateLooks to me like it wants to retest support, double bottom if you will.
Indicators look like they want to go oversold again, if FDAX goes down it usually results in a gap down for the US market. Keep in mind ES and NQ are already oversold on the 3 hr if you decide to do a gap play.
are you ready for dax 16300pinbar on daily chart ,,,until 16300 dont pick sell signals , only looking for buy in deep then hold it 7 day min to 15800 or 16300
we strongly advice if you have sell ,close it now or put sl(or hedge buystop) on today high
note=we have open gap on 15600 on cash xetra dax
big gap on cash xetra dax cash phisical dax chart
we dont advice pick sell signals on dax(and dow,gold) ,looking for buy ,hold to 16000
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!
looking for buy on dax AC 4hour is green now , if news not comes , dax dow can fly up to high (new record) fibo 161% show pro buyer target around 16400
advice=when dax start go up ,dont pick sell signals, dax can wild go up (no pullback) and dont allow you close sell
2 place you must buy dax and hold 15 day today going down comes from asia (night) but 99% dax fly up to 16000 soon
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
news on china push dax,dow to new low but- trend not end big orange line , Ema200 daily is under zoom ,we will buy on it for hold but with sl=80
we have big gap on cash xetra dax in up see 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.
Second Trading IdeaThe DAX has the tendency to make weird dance moves right at the end of the party. This could be one of them so I will short again at 15540.
