Rejected m30 200ma and ChoCh 1.5 Ratio Testing Week break outRejected m30 200ma and ChoCh 1.5 Ratio Testing Week break out
Back to retesting week ChoCh green 2 weeks ago
GERMANY40CFD trade ideas
GER40 Retest: Bullish Signals AlignThe GER40 is currently retesting a significant support zone following a clear breakout. The ongoing pullback is testing the 0.382 Fibonacci retracement level, aligned with a key trend line, providing additional confluence for a bullish outlook. Furthermore, the absence of any bearish divergence strengthens the case for a potential upward move.
DAX Bottom FormingThe DAX exceeded the 19000 mark yesterday and initially stabilised above it. In my opinion, the last low was only undercut in order to close the gap from 26 September. This clears the way upwards again. We are now seeing a bottom forming here and I suspect the price will test the 19000 level once again. By the end of the week, however, it should move upwards again towards a new all-time high. However, there remains a small chance of a continuing downward trend if the 19000 level is broken. Therefore, only work with a small SL if this point is used as a long entry.
Tue 2024 10 08 - Short||| Stats |||
Stats Day:
** 08:00 H4 double color, - Short
** 09:00 H3 Doji other side, - NO/Long/Short
** 09:30 VOLD ???, AD ???, Senti ???, Agio St ???, Lg ???, - Range/Long/Short
** 09:45 VOLD ???, AD ???, Senti ???, Agio St ???, Lg ???, - Range/Long/Short
** 16:15 VOLD ???, AD ???, Senti ???, Agio St ???, Lg ???, - Range/Long/Short
Stats Week:
** US CPI: 14:30 - pending,
** Mon Morning rule - pending,
** Tue return to W1 trend and not a W1 trend change - pending,
Stats Month:
** Oct turn,
** Mid Nov end,
Stats Year:
** US Election,
||| Trade Taken |||
Trade Taken:
** Time frame:
* H4
** Time:
* 08am,
Set-Up:
** Trigger for trade:
* 8am H4 double color Short,
Risk Reward:
** Risk:
* Gap close,
** Target:
* R 1:1 as against D1 trend,
BUYINGnot really good at this pair buy Am buying though it already started going up, risky but the reward is large, according to my analysis, so enter this at your own risk.
GER40Markets seem to be in a situation where the risk of continued buying is becoming the riskier option. I'm seeing failed rallies to the high side throughout some of the European stock indices such as Germany and France. Currently France looks like the weakest. I'm in a German position but I'm considering also entering a short on France. My stop loss would be around 7620 which protects the position from the last four daily highs. I'll be observing price action around the daily highs and lows of Germany as I feel like a small bounce coming off a good night in the United states could carry us through into the stop loss territory. Asian markets dumped heavily today and Europe is not off to a great start. I'm trying to find some good news or reasons to buy the United States in case I am missing something. Markets are dropping as I am writing this so I'll take a pause and pick the country that best suits a short position. I'm being cautious that holding multiple short positions on country stock indices increases my overall risk.
It takes at least two days on average for price to drop the 1.5% that I would like to see on this trade. The risk to reward is only 1 / 3 but I would like to reach the number 3 sooner by adding to the position somewhere along the way.
Ger40 dax shortMy last 2 analisis were worng, possibly this have higher probability to win you can short if your setup allows, market will go to fill gap.
DAX Bullish ContinuationDAX price seems to exhibit signs of overall bullish momentum. A potential new ALL TIME HIGH may form as the price action may form a credible Higher Low on key Fibonacci levels.
If price action breaks the ALL TIME HIGH of 19500, chances of TP2 may increase. Till then, opportunity may be seized by the Bulls.
Trade Plan :
Entry @ 19025
Stop Loss @ 18570
TP1 @ 19480
TP2 @ 19935
No. of Trades: 2
Move SL to Break Even if TP1 hits.
GER40 SELL POSITION Price created double top as a result of reversal confirmation, now it broke trendline and retest it which indicate the change of market direction from uptrend to downtrend
1H ChoCh Green still buying on Week Buy entry 1.5 ratio1H ChoCh Green still buying on Week Buy entry 1.5 ratio
Last week closed Above our 1W entry now 1H Flip green above 200ma
Strat buying week entry in this entry on 1H
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).
---------------------------------------------------------------------------------------------------------------------
Analysis
Germany 40
Germany 40 remains bullish but has shifted into a corrective phase. The price is 19,045, just above the VWAP (20) of 19,000. Support is at 18,510, with resistance positioned at 19,507. The RSI of 53 reflects neutral momentum, signalling the potential for further consolidation.
UK 100
UK 100 continues its neutral stance, staying in a consolidation phase. The price is 8,288, almost aligned with the VWAP (20) of 8,286. Support is seen at 8,220, while resistance lies at 8,347. The RSI of 51 indicates balanced momentum, suggesting no immediate directional bias.
Wall Street
Wall Street remains in a bullish trend, with the price in an impulsive phase. The current price is 42,136, significantly higher than the VWAP (20) of 41,120. Support is at 41,464, with resistance at 42,587. The RSI of 57 reflects continued bullish momentum but within more moderated levels.
Brent Crude
Brent Crude has quickly switched to a bullish trend, now entering an impulsive phase. The price is 79.38, comfortably above the VWAP (20) at 73.86 after a massive weekly rally. Support is at 69.05, while resistance sits at 79.20. An RSI of 65 signals solid bullish momentum, suggesting further upside potential.
Gold
Gold continues to trend upward but has entered a corrective phase - more via time than price, which has stayed in a tight range, currently at 2,652, just above the VWAP (20) of 2,629. Support is found at 2,557, while resistance is at 2,700. The RSI of 63 indicates strong bullish momentum, although a potential slowdown could occur.
EUR/USD
EUR/USD remains bullish but has entered a corrective phase. The current price is 1.0962, just under the VWAP (20) of 1.1105. Support is found at 1.0900, while resistance lies at 1.1248. The RSI of 34 signals weakening momentum, suggesting potential for further correction.
GBP/USD
GBP/USD is still bullish, now in a corrective phase. The price is 1.3074, slightly below the VWAP (20) of 1.3262. Support is at 1.3070, with resistance at 1.3484. The RSI of 38 reflects a slowing bullish momentum.
USD/JPY
USD/JPY remains in a bearish trend but has entered a corrective phase. The price is 148.34, just above the VWAP (20) of 143.90. Support is located at 139.02, with resistance at 149.07. The RSI of 64 signals a major shift, with momentum edging towards bullish territory.
DAX Analysis: Consolidation Signals Pending BreakoutDAX Technical Analysis:
The price is anticipated to consolidate between 19100 and 18975 until a breakout occurs. A close below 18975 on the 4-hour chart would signal a bearish trend, with potential targets at 18890 and 18780.
Conversely, a 4-hour close above 19110 would support a bullish trend, likely driving the price toward 19250.
Key Levels:
Pivot Point: 19020
Resistance Levels: 19110, 19250, 19330
Support Levels: 18970, 18780, 18650
Trend:
- Consolidation 19100 and 18970
- Bearish below 18970
- Bullish above 19110
previous idea:
GER40 "GERMANY40 Index" Money Heist Plan on Bullish SideHallo! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist GER40 "GERMANY40 Index" based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 1H timeframe
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
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DAX H4 | Potential bullish reversalDAX (GER30) is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 19,000.03 which is an overlap support that aligns with the 61.8% Fibonacci retracement level.
Stop loss is at 18,800.00 which is a level that lies underneath a pullback support and the 78.6% Fibonacci retracement level.
Take profit is at 19,337.11 which is a pullback resistance that aligns close to the 61.8% Fibonacci retracement level.
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Fake inverse Head and Shoulders in DAX#Germany #factoryorders -5.8% MoM among other bad economic data. Fake inverse head and shoulders. Cheap energy prices are not guaranteed under war uncertainty. Not looking good.
Mon 2024 10 07 - Short||| Stats |||
Stats Day:
** 08:00 H4 double color, - Short
Stats Week:
** Mon Morning rule - pending,
** Tue return to W1 trend and not a W1 trend change - pending,
Stats Month:
** Oct turn,
** Mid Nov end,
Stats Year:
** US Election,
||| Trade Taken |||
Trade Taken:
** Time frame:
* H4
** Time:
* 08am,
Set-Up:
** Trigger for trade:
* 8am H4 double color Short,
** Mom Type:
* 1st directional - risk at initial turn,
Risk Reward:
** Risk:
* Initial Turn,
** Target:
* R 1:1 as against trend,
GER40 Intraday long ideaContext Long
Entry Asia Low or NY1h fractal sweep
Target 1D imb or 1h fractal
Invalidation 1H close below NY1h fractal
7.10.24This weeks inflation data will been keenly anticipated after the job report from last Friday which were stronger than expected, CPI & PPI data will assure Fed that interest rates is on a sturdy path to 2% and the Fed minutes, investors will be looking to see how officials feel about the cut on US interest rates.
Us30: Price was very rangey early in the week until lows were taken from the previous week which is now pushing price higher back towards 42654.00. Price we trapped between the previous weeks range as it is the start of trhe month but hopefully we will begin to see a breakout. As I write this price has already pushed above 42345.87 the way I would like it to
Ger40: Price traded lower into an area of demand on Thursday-Friday and is trading back higher towards 19500.4. I will liek to see price push above 19197.3 and continue higher as long as data is on its side but I will still keep an eye out to see if price has a potentional to drop past 18683.8
SHORT DAXDISCLAIMER The below is just is my view trade responsibly
FUNDERMENTAL
The Zew sentiment has been dropping for the past 3months, with a low business sentiment and a bullish dollar i would conclude that the DAX to possibly trade to the downside
as for the technical part it not yet clear to but from the last week push down and a closer to the upside i would say a bullish Monday is possible before a reversal on Tuesday
GER40 / GERMANY40 Market Money Heist Plan on Bearish SideHallo My Dear Robbers / Money Makers & Losers, 🤑💰
This is our master plan to Heist GER40 / GERMANY40 Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich 💰.
Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High
Stop Loss 🛑: Recent Swing High using 2h timeframe
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
Short trade
Sun 28th Sept 24
8.00 pm
LND to NY Session PM
Pair DE30EUR
Entry 19464.5 (0.25%)
Profit level 18936.1 (2.71%)
Stop level 19512.6
RR 10.99
Trade entry reason:
High vol RedK & Vol analysis indicators:
High Volume RedK (Red Candlestick): The presence of a large red candlestick likely indicates strong selling pressure, which suggests bearish momentum in the market.
Volume Analysis indicator: Increased trading volume in conjunction with the red candlestick supports the downward move, making it a solid setup for a sell-side trade.
Target
Support zone 18912.1 to 18935.5
