DE40 trade ideas
Wed 2024 09 25 - Short - DE40 8am H4 double color||| Stats |||
Stats Day:
** 08:00 H4 double color, - Short
** 09:30 VOLD ???, AD ???, Senti +18, Agio St ???, Lg ???, - Range
** 09:45 VOLD +1.4, AD +1.2, Senti -3, Agio St +0.05, Lg +0.05, - Range
** 16:15 VOLD ???, AD ???, Senti ???, Agio St ???, Lg ???, - Range/Long/Short
Stats Week:
** DE PMI: - low,
** EU PMI: - low,
** US PMI: - low,
** Mon Morning rule - 2 day break out - up,
** Tue return to W1 trend and not a W1 trend change - pending,
Stats Month:
** Sep turn - pending,
Stats Year:
** US Election,
||| Trade Taken |||
Trade Taken:
** Time frame:
* H4
** Time:
* 08am,
Set-Up:
** Trigger for trade:
* 8am H4 double color Short,
* Senti +61,
* m45 close outside m45 BB
Risk Reward:
** Risk:
* Initial Turn,
** Target:
* R 1:1,
DAX time to short at 19092-19086Team, DAX is price at 18047, We will short at 19092-19086 - STOP LOSS AT 19155
target 1 at 19050
target 2 at 19005
target 3 at 18960
target 3 at 18926
Once it hit first target at 19050 bring stop loss down to 19105
once it reach target 2 at 19005, bring stop loss to BE
Trading options for 26.9.2024Tomorrow there are two reasonable trade options (1 shorts and 1 long) both are dervied from the triangle formed within today and are inline with the derived from support & resistance areas. For details see text boxes in the chart. I prefer option 2
Notes:
green and red boxes dervied from last movement volume areas, Pivot levels and Fib levels.
yellow boxes are derived from higher TF MAs
-Trade L- Tue 2024 09 23 - DE40 6pm H3 - Momentum|||||||||||||||||||||||||||| Stats ||||||||||||||||||||||||||||
Stats Day:
** 08:00 H4 double color, - NO
** 09:30 VOLD ?NA?, AD ?NA?, Senti -35, Agio St +0.05, Lg +0.02, - Range
** 09:45 VOLD ?NA?, AD ?NA?, Senti -14, Agio St +0.05, Lg +0.05, - Range
** 16:15 VOLD ???, AD ???, Senti ???, Agio St ???, Lg ???, - Range/Long/Short
Stats Week:
** DE PMI: - lower,
** EU PMI: - lower,
** US PMI: - lower,
** Mon Morning rule - Break on Monday by H3 hammer,
** Tue returned to W1 trend - UP,
Stats Month:
** Sep turn - pending,
Stats Year:
** US Election,
|||||||||||||||||||||||||||| Trade Taken ||||||||||||||||||||||||||||
Trade Taken:
** Time frame:
* H3
** Time:
* 06pm,
Set-Up:
** Trigger for trade:
* Momentum Long,
* Mon Morning rule,
* Tue returned to W1 trend - UP
* Senti -47,
** Mom Width:
* 1 candle - strong,
** Mom Type:
* 3rd directional - risk at last Mom turn,
Risk Reward:
** Risk:
* last Mom Turn,
** Target:
* R 1:1
Trade options for 25.9.24Tomorrow there are three reasonable trade options (2 shorts and 1 long) derived from support & resistance areas. For details see text boxes in the chart. I preferable look for option 1 or 3. Option 2 comes only into picture if development of option 1 fails, without any new alltime high tomorrw.
Notes:
green and red boxes dervied from last movement volume areas, Pivot levels and Fib levels.
yellow boxes are derived from higher TF MAs
Buys on German40 4 hour timeframe I’ve been tracking German 40 for while and after the sell we had I believe we are about to see new highs on German 40🇩🇪. I decided to go with simple analysis here.I’m identifying a BULLISH ENGULFING PATTERN AFTER A BULLCROSS PATTERN FROM 23 September 2024. I believe this bullish engulfing pattern that formed at 8am will hold us upwards .
Good luck .
Maswazi Gamede
DAX/GER retest yesterday high - prepare to shortTeam, with the DAX, we need to wait for the confirmation before we enter the short. We are waiting for the trend to be retested. And Confirm if it is a FAKE breakout.
We consider entering the short position at 18887-18883. STOP LOSS at 18953. We are updating pricing as well. Less confuse
Target 1 - 18832
Target 2 - 18790-18784
Target 3 - 18746-18723
Trade Options for 25.9.2024Tomorrow there are three reasonable trade options derived from support & resistance areas. For details see text boxes in the chart. I preferable look for option 1 and 4.
Notes:
green and red boxes dervied from last movement volume areas, Pivot levels and Fib levels.
yellow boxes are derived from higher TF MAs.