as predict yesterday , dax going to fill downer gap around 15620wait for around 15620 for buy and hold (germany GDP forecast comes very bad , link below)
www.forexfactory.com
FDXS1! trade ideas
we have open gap on cash xetra dax in down ,must fill AC 240min going to red true?
let see cash xetra dax (phisical dax trade in frankfurt floor)
but trend will remain ++++ up ( end of year rally)
www.cnbc.com
www.marketwatch.com
again strongly advice dont pick sell ,looking for buy in deep ,dax going to 17000
break today low ,can push dax downer in green arrow we must put buylimit ,after open ,hold them 7-8 day to min 15800 area
16830 is dax next target if you dont have buy yet , looking buy in deep and hold 7.8 day
if you have sell , close them now or put hedge order on today high
ALERT=fibo 161% show dax target is 16800-17000 strongly advice dont pick sell signals ,looking buy in deep
next open gap on cash dax =15850 put buystop on high is very good idea , if dax break high , can start new + trend
earning news ( like Tesla) comes very good ,it can push dax to 16000 even 16300 (fibo 161%)
advice dont pick sell signals until 16000 , sell now is very very risky,each second dax can fly up
DAX 1st Target Hit +300The Dax corrective pattern has played out nicely hitting the first upside objective of the descending trend line resistance +300 points, longs can take off half here and move stops to entry to play for a break of the descending trend line and look for a retest of prior cycle highs
2 powerful place for buy dax and hold dax can go down to 15300 then again fly up , in green arrow we can put buylimit for hold 7-8 day
FDAX overboughtRSI overbought MFI almost there.
I wouldn't expect much of a gap up tomorrow, but you never know.
Current Dax ChannelAktuell könnten wir auf einen zweiten Schnittpunkt des großen Aufwärtstrendkanals seit Corona zusteuern.
dax next target =15555 as predict 2 days ago, dax go up ,,, today in low , you can buy dax and hold 7 day (sl in low)
our target=16300 fibo 161%
Harmonic patternsPossible short related to a combination of harmonic patterns on Dax with target area in red. Not investment advice
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.
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
www.tradingview.com
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.
