FDAX UpdateWent overbought on both RSI and MFI and reversed.
Bad news for the bulls because that more than likely means a gap down for the US market tomorrow morning
FDXS1! trade ideas
DAX: Further Rise ExpectedThe DAX is in high spirits. Having already risen into the white zone between 15966 and 16127 points, the index is likely to surpass it after a short corrective excursion into the orange area between 15625 and 15805 points. Once it has reached the support at 16295 points, the index might even jump into the second white zone between 16385 and 16545 points.
Alternatively, we have provided another scenario which is marked with a probability of 35% in our chart. The index might also fall below the resistance line at 14795 points and thus dive into the magenta colored area between 13805 and 14392 points. However, if it does so, it will soon jump out of the magenta pool, dry itself off and head north again.
Happy New Year!
FDAX UpdateOverbought on RSI with MFI divergence.
Already reversed and headed down.
Just another part of this week's whipsaw I guess.
still 15600 gap is dax pro trader target all dax protrader waiting dax (cash xetra dax) fill this gap to inter buy and hold it 1-3 month to new high (near 17200)
we are in wait too , to buy there too
so dont inter buy now ,wait 15600 gap touch then pick buy,buylimit with sl under last low around 15430
put sellstop in today low possible with sl on high and tp near 15600
good luck
FDAX UpdateFDAX chart pattern looks a bit bearish which is why I'm not tempted to hold calls overnight. Coming down from overbought. Probably a good day to sleep in, lol.
Could reverse though, FDAX does some weird crap. Just keep in mind the Euros dictate the morning gap.
dax must see downer gap on 15600 let see cash xetra dax chart gap
if you want pick buy,dont hurry ,wait until 15600 then pick buy with sl=60 (we will buy too in green arrows )
if you have open sell , wait until 15600
ALERT= if dax break 15600 gap,can go downer to 2nd gap
good luck ,put SL in low,high
we have open gap in down 15588 on cash xetra dax as predict before dax touch fibo 61%( dax love it too much) in coming days dax must go down and fill this open gap
advice = sell dax near fibo 61% with sl = high or 40 point with tp near 15588 and buylimit above gap (with sl=40 or support)
check cash xetra dax chart XETR:DAX
now dax can back to touch breaked trend in green arrow we can buylimit for hold 10 day , in red arrow sellimit with SL=40 trailstop=40
dax reach its low,now going to high frist target of dax is new gap around 15477 , then upper gap in 16100 (on red arrow we can pick sell but with SL =40 trailstop=40 point
AC 4hour now is green = mean + trend 80% can start
if you have old buys , put hedge sellstop in 14800 ,dont fear dax daily chart trend is very +++ , it will see 16100 soon or late ,so dont fear ,,,, if your loss is very big , contact me
advice = be carefull from pick sell , dax each second can fly up , 100% put SL on high
good luck
for coming week : dax ready to fly updont fear put buystop on 15620 (above EMA200 1hour) , soon or late dax must fill gap in 16100 , fibo 161% show dax can go up to 17000 area
strongly advice= dont sell , 99% looking for buy in deep with sl in last low (on 1 hour chart)
if you have old sell, 100% close sells in monday low or hedge your sells
if you have old buys,, be patient until gap on cash xetra dax 16100,dont close sooner
Options Data forecasting turning points and key levelsOptions are major weapon (if properly used) in toolset of Trader. Billions of dollars each day are floating on market and speculation here is an art. Art performed by Big Guys (aka Smart Money), where funds are often significantly higher in comparison to Futures Market. With help of Machine Learning algorithms, I load Options Flow data, parse and analyse it and extract to Quandl Dataset. From there, I load it via API to Tradingview and display results in indicators. And I trade with edge instruments from Futures Market.
This data doesn't need to be always used on Intraday timeframes. We can't forget about Big Picture aka Context. From D1 timeframe alongside with properly parsed Options Data, we're able to identify real key levels (not by using Price Action but by using Balance Points, where Volume of CALL options is equal to Volume of PUT options) - marked on DAX chart with red horizontal lines. Those are close prices of candles, on which indicator identified Balance Points (blue background on indicator). Demand always is trying to reach balance with Supply - therefore that's why it's even more important to observe such levels. I personally love to play retests of those levels and breakouts - especially when they happen after at least few days since initial Balance Point.
We can't forget about Pressure. Who is dominating at the market? This is the question that traders are asking themselves each session. Based on multiple factors, like: Put/Call Ratio, Strike Prices and Expirations of Options, Volume put on Options, Type of Options (ATM, ITM or OTM) - Machine Learning is allocating weigh ratio to those factors and return result identified on indicator by green/red area. Bigger Area show stronger Imbalance on market (aka one side dominates the market).
We have so many data around us, sorry - tons of data! We are unable to parse it and get insights manually. Here Machine Learning comes handy. I encourage you to deep dive into Options Market and combine it with picture, that Market draws you via chart. Market is based on emotions, so play what you see from moves of Big Players - which in majority believe me - are present on Options market.
as predicted yesterday , dax fly up after fill gap in down near EMA200 1 hour we can pick buy and wait 7-8 day until upper gap in 16100 (alert=dax can fly up to 17200, end year rally) so still looking for buy in deep,dont pick sell
dax next up target is 16100today AC 4hour was red , dax little can go down but its target is gap on 16100
advice=above EMA200 daily looking for buy in deep, dont pick sell , dax can fly up to 17200(end year rally )
if you have buy ,put SL or hedge sellstop in 15180
if you have sell , close it near 15500 and pick buy ,hold 15 day
germany dax in coming week : double buy pinbar,3angel patterntechnical say dax must go to fibo 161% 17200(in next 3 month)
for coming days , dax target in up is 16122 (gap on cash xetra dax)
in red arrow ,we can put sellimit
advice by big banks traders= still advice looking for buy with SL in day low (or yesterday low) when dax is above EMA200 daily only looking for buy in deep,dont sell
AC 4hour is green too = up trend can start
bad scenario = if low break , dax can crash to 14000
let see futures cot data (net order by big banks and big funds money managers)
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ALERT= dax going to 17200 , dont pick sell until 17000on daily chart ,fibo 161% show dax upper target is around 17200
if you have sell , close all now or put hedge buystop on today high
if you have buy , be patient 10-15 day
still we advice looking for buy in deep and hold it to new high end of year + rally start now
as predict 4 days ago , dax fill big gap , now it must go down 2 way can happen , touch gap 15888 and new wave of crash or go down to fibo 31% and then go up and fill 2nd gap on cash xetra dax
my buys from low 15100 still is open ...
DAX: Primary Push?The DAX has excellently recovered from its low and is celebrating it with some great runs. However, within the blue box, where the index is currently located at, there is a high chance that this current surge is only short-lived. With a chance of 40%, the course might drop all the way down to the pink area.
Don't be too fast!
dax can create head and shoulder pattern on daily chart strongly advice dont pick sell , looking for buy in dewp with sl in low
dax can fly up to 17200 (dax target)
buy dax now , hold 10 day sl = 4-5 point under low
if big bad news not come (low not break) dax midterm for next 2 month target is 17200
if you have open sell , close it now ,put sellstop in low
if you have open buy be patient 10 day until 15900 ok??? , put hedge sellstop in low too , break low mean new wave of crash come
important = dax have very powerfull support around 14000 so put buylimit there ,,,if open hold it 30-40 day until near 16000,we have big buylimit there near 13900 with sl=13800
advice=above low looking for buy in deep until 16000 , if low break,looking for sell until 14000 mega support
banks,fund net order on dow futures prnt.sc
www.tradingview.com
Megaphone Top!Very similar to our previous top in Jan 2020. Looking for a break of trendline and big fall soon!
