DAX BullishLeader:
-Dax Broke Previous 4 Year High, 1 Year High, 6 Months High, 3 Months High
-The Previous 17 Year has been broken and hence expecting continuation
GER40FT 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
Short therm shortIm looking short therm short to fill this bottom W with some move maybe stoped by trendline, trend line woudl be first stop
GER40 3RR | 1HR TF BEARISH SETUPFOREXCOM:GER40 looks bearish on all time frames, making a triple top on the daily and in a downtrend movement on shorter time frames, bell curve levels support the idea, let's hope for the best.
-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
DAX/GER HURRY FOR LONG Team, found DAX good entry LONG at 18883
stop loss at 18842
target at 18921
18953
Once it breaks 18905, bring stop loss to B
Germany 40: Trend BreakoutGermany 40 index is observed to undergo a trend breakout. If price is able to breach this marked level and hold a close above it, very likely we will keep seeing upside momentum.
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
Pullback tradewhat we have here is an opportunity to enter after the rejection here at the support line, now we have a strong doji candle.
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.
Weekly Technical AnalysisStart your week by identifying the key price levels and trends.
The SpreadEx Research team has analysed the most popular markets, including stocks, indices, commodities & forex.
*KEY
Trend is set by the slope of the VWAP over 50 periods
Phase is determined by the current price relative to the VWAP (20) level (above or below)
Support & Resistance are set by the StdDev #2 Lower and Upper respectively.
Momentum is determined by the RSI level (70 as overbought and under 30 as oversold).
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Analysis
Germany 40
Germany 40 continues its bullish momentum, currently in an impulsive phase. The price is 18,753, slightly above the VWAP (20) of 18,617. Support is seen at 18,207, while resistance lies at 19,026. The RSI is at 55, indicating mild bullish momentum but also bearish divergence.
UK 100
The UK 100 remains neutral, in a consolidation phase that has turned weaker with the price breaking below a rising trendline. The price is 8,246, hovering near the VWAP (20) of 8,269. Support is positioned at 8,154, with resistance at 8,384. The RSI is at 47, reflecting balanced momentum but is marked by 3 declining peaks, suggestive of further weakness.
Wall Street
Wall Street continues its bullish trend, still in an impulsive phase. The price is at 42,000, well above the VWAP (20) of 41,107. Support is at 40,007, with resistance at 42,207. An RSI of 67 indicates robust bullish momentum but without the conviction of an overbought reading.
Brent Crude
Brent Crude remains in a bearish trend, now experiencing a corrective phase. The price is 73.92, just above the VWAP (20) of 72.92. Support is located at 69.26, with resistance at 76.57. With an RSI of 48, the market is still in its bearish regime of a 30-60 range but is indicating a potential for reversal.
Gold
Gold continues its bullish run, currently in an impulsive phase at a record high. The price is 2,614, above the VWAP (20) of 2,542. Support is at 2,449, and resistance is at 2,635. The RSI of 70 reflects strong bullish momentum, and overbought conditions.
EUR/USD
EUR/USD remains in a bullish trend, still in an impulsive phase. The price is 1.1098, slightly above the VWAP (20) of 1.1091. Support is at 1.1000, with resistance at 1.1174. The RSI is at 51, reflecting moderate bullish momentum.
GBP/USD
GBP/USD continues its bullish trend, staying in an impulsive phase into new 2024 highs. The price is 1.3319, sitting comfortably above the VWAP (20) of 1.3164. Support is at 1.3009, while resistance is at 1.3319, the current price level. The RSI of 61 signals solid bullish momentum but bearish divergence has appeared.
USD/JPY
USD/JPY remains in a bearish trend, now in a corrective phase with a move over a down trendline. The price is 143.71, slightly above the VWAP (20) of 143.03. Support is set at 139.63, with resistance at 146.42. An RSI of 49 is a big swing from bearish to neutral momentum, implying a new trend or perhaps a longer period of consolidation.
