Kommt jetzt der Impuls nach oben??Der DAX dürfte die Korrektur beendet haben und sollte jetzt einen neuen 5er Impuls nach oben aufbauen - das Erreichen der 19000 in den nächsten Wochen sollte kein Problem sein!?Longby RainerDaxerDemo2
Dax - the Corrective Big PictureAll markets experienced Bedlam. Yesterday. It happens and provides opportunity. Surely the market can't go lower ? In the last 5 years there have been Corrective retracements in the current Bull Cycle, two of which were Bear Markets. Given the current downturn is only 10.5% , there is room for further downside. On a daily basis, yesterday was the highest volume in 2 years. But on a monthly basis, we can see the Volume is anemic. Buyers remain on the sidelines for now. by Umlingo0
German DAX - More Downside Potential From Here?Germany's DAX index has broken down definitively from its 4-month symmetrical triangle pattern, hinting at a potential "measured move" decline toward the mid-16,000s next. So far, the index has dropped sharply over the last 3 days to hit the 38.2% Fibonacci retracement of the rally off the November low near 17,250. A near-term bounce off this support level wouldn't be surprising, but as it stands, the index may have more near-term potential for downside from here. -MWby FOREXcom1
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. NOTE: These charts use the ‘Pro Trading Tools’ available on the SpreadEx trading platform. To use them, log in to your SpreadEx Financials Account and click ‘Technical’ from the menu on any chart. *KEY Trend direction is set by the slope of the VWAP over 50 periods Trend 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). -------------------------------------------------------------------------------------------------------------------- Analysis Germany 40 has transitioned to a bearish trend and is now in an impulsive phase, with the price decreasing to 17,264, below the VWAP of 18,293. Support has adjusted to 17,544, while resistance has increased to 19,041. The RSI has decreased significantly to 26, indicating strong bearish momentum compared to the previous report. UK 100 has shifted to a bearish trend and is in an impulsive phase, with the price decreasing to 7,999, now below the big 8000 level and the VWAP of 8,221. Support has adjusted to 8,055, while resistance has increased to 8,387. The RSI has decreased to 34, reflecting a significant reduction in bullish momentum. Wall Street remains in a bullish trend but has entered a corrective phase, with the price decreasing to 39,137, now below the VWAP of 40,451. This correction could swiftly turn into a new bearish trend. Support and resistance levels have adjusted to 39,433 and 41,470, respectively. The RSI has decreased to 37, indicating fresh bearish momentum. Brent Crude is now at new lows for the year in a new bearish trend and in a short-term bearish impulsive phase, with the price decreasing further to 75.73, now below the VWAP of 81.08. Support has adjusted lower to 75.74, while resistance has increased to 86.18. The RSI has decreased to 29, indicating a lack of strong bullish momentum. Gold looks to be transitioning into a bearish trend with a steep correction of its long-running uptrend, with the price gapping down to 2,385, below the VWAP of 2,415. Support has adjusted lower to 2,358, while resistance has increased to 2,473. The RSI has dropped to 46, indicating a switch from bullish to bearish momentum. EUR/USD remains in a bullish trend and has entered an impulsive phase, with the price increasing to 1.0962, now above the VWAP of 1.0872. Support has adjusted lower to 1.0785, while resistance has increased to 1.0962. The RSI has increased significantly to 65, indicating strong bullish momentum. GBP/USD remains in a bullish trend but continues in a corrective phase, with the price slightly decreasing to 1.2787, now below the VWAP of 1.2888. Support has adjusted higher to 1.2744, and resistance has decreased slightly to 1.3031. The RSI has decreased to 43, indicating reduced bullish momentum. USD/JPY has shifted to a bearish trend and remains in an impulsive phase, with the price decreasing significantly to 142.24, now below the VWAP of 153.94. Support has adjusted higher to 144.86, while resistance has increased to 163.03. The RSI has decreased sharply to 10, reflecting a significant reduction in bullish momentum compared to the previous report. by Spreadex0
Dax 2011 vs 2024Dax 2011 vs 2024 - We have seen a top-formation, a classical head & shoulders - will the history repeat itself? The charts are really very similar...beware :-)Shortby The_CannalystUpdated 2
DAX 40 VSA UpdateLook at the rally from the recent Swing Low. You will see high volume candles (yellow) and ultra high volume candles (red) , but look at the size of the candle bodies (Spread). The buyers have pushed, but the Sellers have exerted equal pressure. So for maximal effort , there is no result. When there is a divergence of price and volume, there will be a give. Short bias.Shortby Umlingo2
Buy ger40 set up Looking for the market to close back inside the zone. once price closes back in the zone this will be the set up im looking forLongby Abeshaw4
Fears are risingFears are rising after week job reports were released last week and NFP . Feds may have left interest rate stagnent for too long which may have affected the economy. US30: Price only began to move with strength on thursday after the jobs report which means investors were exiting there positions. Price fill imbalance on the 4H and reach a 4H order block then has dropped and created bearish structure. I will expect thid to continue. GER40: After taking Mondats highs on Thursday after the job report, the DAX fell also as well. This pair had me abit lost as once the overall momentum began to go sideways, I'd admit I was still stuck in everything being bullish. But as an accumulation shows the market looking for equilibrium and signs of a reversal, I shouldve know better that signs of a weaker market is near. Also 4H lows being broke from the 13th June and structure seeming to favour bearish accumulation. Both pairs I will be looking for price to continue to drop as long as price action is bearish. Shortby S0202Trades0
Trend chageMarket changed its trend. After a bullish trend and consolidation it's given a direction. Broken the recent low on weekly time frame. Now we are going for around 17k. The recent/strong support is around there.Shortby Ask3raders3
Dax for 17500Dax has just broken the Pennant Consolidation with an impulsive DROP from 18500 to 17600. The RSI is printing OS , and looking for price to move back to the Supply Zone at 18000 early next week, before the next DROP to 17500 , which is a FRESH Demand Zone. by Umlingo10103
$DAX is heading to a major correction#dax chart has formed bearish head & shoulders in higher time frame and needs a huge correction in my opinion.Shortby naphyse1
DE40- Daily - SHORT Trade SwingOn daily time frame DE40 has not been able to make a HH. Now it is going downwards. A Bullish Crab Pattern has been drawn. Point B is @0.641 which is very close to ideal value of 0.618. Similarly Point C is @0.846 which very close to higher limit value of 0.886. Therefore, one can draw confluence that it is a valid Bullish Crab Pattern. Therefore, it is expected that price should go down till Point D touches @1.618 retracement value which is close to EUR171,53. I'll go for this Swing Trade which may take two weeks or so. My Trade values are depicted below: - SHORT Trade Entry: Instant Sell by market : 18186 S/L : 18796 TP1: 17542 TP2: 17140Shortby Golden_SpurUpdated 116
DAX end of the bullish cycleOPINION, NOT FINANCIAL ADVICE. Long term trend exhaustion, 2nd impulse reached 100% of the 1st, with big weekly divergences on the weekly RSI. There is also a big rising wedge On the Elliott wave counts, does not look like a new bull market to me, but an overextension of the C wave in a correction from the 2022 lows, with a terminal wave 5 pattern. If this was to be confirmed, we could be seeing a huge impulse downwards looking for the 2022 lows again #dax #ger40by j_arrietaUpdated 118
1:10 RR | Germany 40 | London-SessionThe labels that are used are ment to draft and measure context to the price action involved and contain no rules-engaged notebook + applied-set up indicators, but an anvoiding interference to use other rules-engaged software to enhance in general, regarding to the watchlist and trade plan that is relevant to trade-on Key indicators on Trade Set Up in general; 1. Push Set Up 2. Range Set Up 3. Break & Retest Set Up Active Sessions on Relevant Range & Elemented Probabilities; * Asian(Ranging) - London(Upwards) - NYC(Downwards) * Weekend Crypto Session # TREND | TIME FRAME CONDUCTIVE | 4 Hour Time Frame - General Trend - Measurement on Session * Signpost * Support & Resistance * Trade Area | Focus & Motion ahead # POSITION & Risk Reward | 1 Hour Time Frame - Measurement on Session * Retracement | 0.5 & 0.618 * Extension | 0.88 & 1Shortby jasper162311
ger40Pair : Germany 40 Description : Completed " 12345 " Impulsive Waves Break of Structure RSI - Divergence Rising Wedge as an Corrective Pattern in Short Time Frame with the Breakout of Lower Trend Line and Retracement Fibonacci Level - 61.80/78.60%by ForexDetective4
Dax Bear TrapDax has made an impulsive move to create a lower lower and was rejected at this demand zone. This is a Bear Trap. Looking for price to move back to the Fresh Supply Zone. Enter - 18287 Stop - 18250 ( Below Lowest Low) Target - 18497 ( Supply) RR = 3+Longby Umlingo1
Ger30 longFrom now on am consistently focused on this trades,I won't manage to be sending many trades but am in this trades n more stock markets like tesla,apple n many more,I wish you all the best make sure you are follow the right trend,the signal that I will be giving you mostly is gold on short trades n scalp if I get a channce I will share thank you.Longby mulaudzimpho0
Are Two Heads Better Than One? Team vs. Individual Trading█ Are Two Heads Better Than One? Team VS Individual Trading Performance The age-old question of whether two heads are better than one finds new relevance in the world of stock trading. A comprehensive study titled "Are Two Heads Better Than One?" delves into this question by comparing the performance of individual traders and two-person teams in a simulated share-trading environment. This article explores the key findings of the study, provides actionable insights, and discusses how traders can apply these insights to enhance their trading strategies. █ Key Findings of the Study The research examined the trading performance of novice traders, both individuals and teams, in an electronic share-trading simulation. The results offer a nuanced understanding of how team dynamics and individual attributes impact trading outcomes. ⚪ Firstly, the study found no statistically significant difference in trading profits between teams and individual traders. While teams showed higher average profits, the variation was not substantial enough to declare teams as definitively better. Interestingly, profit volatility was more sensitive to trading activity in teams than in individuals. ⚪ Confidence emerged as a crucial factor in trading performance. Traders with higher confidence, whether trading alone or as part of a team, tended to achieve better results. However, this confidence needed to be task-specific, focusing on particular trading activities like setting bids and asks, rather than a general sense of capability. ⚪ Another significant insight was the impact of trading activity on profitability. The study revealed a negative relationship between the number of trades and profit. In simpler terms, traders who engaged in fewer transactions generally earned higher profits. This applied to both individuals and teams. ⚪ The dynamics within teams also played a role in trading performance. Teams that displayed a positive attitude towards the trading task and perceived it as less difficult performed better. Additionally, mutual respect among team members correlated with less frequent trading and, consequently, higher profits. █ Actionable Insights for Traders The findings of this study offer several actionable insights for traders looking to improve their performance. ⚪ Balancing Confidence with Caution Confidence is a double-edged sword in trading. While it is essential for making decisive moves, overconfidence can lead to excessive trading, which often diminishes profits. Traders should aim to build confidence in specific trading tasks through practice and education. For instance, focusing on developing skills in setting precise bids and asks can enhance performance without falling into the trap of over-trading. ⚪ Optimizing Trading Activity One of the most actionable insights from the study is the importance of trading less frequently. Traders should adopt a more strategic approach, focusing on the quality of trades rather than quantity. This means conducting thorough research and analysis before making a trade, and resisting the urge to engage in frequent buying and selling. Implementing rules that limit the number of trades per day or per week can help maintain this discipline. ⚪ Enhancing Team Dynamics For those trading in teams, fostering a positive group attitude and mutual respect is crucial. Effective communication and collaboration can significantly improve trading outcomes. Teams should regularly discuss strategies and specific trades, ensuring that all members are on the same page. Moreover, teams should strive to build a cohesive unit where members respect each other's abilities, as this can lead to more deliberate and profitable trading decisions. ⚪ Training and Development Trading firms can leverage these insights to design better training programs. Emphasizing the importance of confidence in specific tasks and the dangers of over-trading can help traders develop more effective strategies. Training should also focus on building strong team dynamics, teaching traders how to communicate effectively and collaborate efficiently. ⚪ Performance Monitoring Traders should regularly assess their performance, paying close attention to the correlation between their trading activity and profits. Tools and metrics that measure both confidence levels and trading frequency can provide valuable feedback. This data can help traders make informed adjustments to their strategies, ensuring they stay on the path to profitability. █ Conclusion The study "Are Two Heads Better Than One?" offers important insights into how individuals and teams trade. Although two heads are not always better than one in terms of profits, the research shows that confidence, trading activity, and team dynamics are crucial for trading success. To improve trading results, traders should: Balance confidence with caution Trade less frequently but more strategically Strengthen team dynamics Focus on specific training Regularly review their performance Whether you're new to trading or have experience, remember to prioritize quality over quantity in your trades. Build confidence in specific tasks, and if you're working in a team, create a collaborative and respectful environment. These approaches will enhance your trading performance and lead to more consistent and sustainable profits. █ Reference Heaney, R., Foster, F. D., Gregor, S., O'Neill, T., & Wood, R. (2010). Are two heads better than one? An experiment with novice share traders. Australian Journal of Management, 35(2), 119-143. doi:10.1177/0312896210370078. ----------------- Disclaimer This is an educational study for entertainment purposes only. The information in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell securities. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on evaluating their financial circumstances, investment objectives, risk tolerance, and liquidity needs. My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes! Educationby Zeiierman41
Germany 30 Buy I buy the reversal pattern. Sl and Tp on the chart. Now i just wait and see! Longby Msandroid2
Germany 30 Buy I buy the reversal pattern. Sl and Tp on the chart. Now i just wait and see! Longby Msandroid1
Germany 30 Sell Re-entry sell the Germany 30. Sl and Tp on the chart. Now i just wait and see! Shortby Msandroid4
Germany 30 SellI sell the breakout. Sl and Tp on the chart. Now i just wait and see! Shortby Msandroid3
Dax (Eurex) may rise to 18640.00 - 18770.00Pivot 18200.00 Our preference Long positions above 18400 with targets at 18640.00 & 18770.00 in extension. Alternative scenario Below 18200.00 look for further downside with 18100.00 & 18000.00 as targets. Comment The RSI is bullish and calls for further upside. Supports and resistances 18875.00 18770.00 18640.00 18559.00 Last 18200.00 18100.00 18000.00 Number of asterisks represents the strength of support and resistance levels.Longby Daniel_Thompson113