Daxbuy
1D Channel Up on DAXDAX remains on the medium term Channel Up on 1D (RSI = 65.938, Highs/Lows = 113.6786), being kept on a consolidation range in an effort to normalize the overbought STOCH, STOCHRSI and Williams numbers. As seen on the chart, 12,919 and 12,854 are the support levels (and long entries) with 13,141 the resistance (and TP). As long as EURUSD keeps falling, DAX will be bearish proof and will at worst trade sideways.
Weekly Dax analysis for 13.02-17.02Next week we can go upto 11840 and max down to 11480.
If Dax goes under 11640 till Friday we can see 11575 - 11500 - 11480 - 11400 and max 11200.
I will buy from 11690 - 11700 - 11720 - 11760 with TP 11805.
I will sell from 11805 - 11760 - 11735 - 11690 - 11640 - 11580 - 11540 - 11480 with TP 11408.
DAX 60min BULL dvg all indicators, shortterm couple of days?BULL dvg in MOM , RSI & MACD in 60min chart, often be a bullish sign.
BUT it's obviose a HS topformation, so here we have to be careful,
and watch careful for bearish sign's again, and if it turn down again....
This could also be used for a new better short-position again,
if that should appear :)
If it stay's over 650-700, that could also be even a stronger BULL-case.
Dax Trading Idea for 30.01 - 03.02 Short -> LongSell @11775 (+235/-125)
SL 11900
TP 11540
Buy 4 Positions @11540 (After reaching any TP move SL to this TP) (+960/-580)
SL 11395
TP1 11655 (+115/-145)
TP2 11750 (+190/-145)
TP3 11835 (+295/-145)
TP4 11900 (+360/-145)
Under 11322 Dax will fall down to 10970.
February will show us how Dax will continue.
Here you can see my LongTimeTrade for Dax(TP12200)
Brexit Impact on DAX - Polls versus Odds See the diferencesBrexit Financial Times poll 6 June:
Stay: 45%
Leave:43%
Odds Betfair
Stay: 70%
Leave: 30%
Something is not right, someone is lying and i bet are polls.
Base on that i design a new up channel and a possible buy are to get long. Make your comments.
DAX 9733 May Lows Critical Level to WatchMy stop profit was actived at 10.037 (DAX futures) during this night. For now i am out, waiting where DAX wants to go. May lows is the key for bulls and bears at this moment. Has you see DAX break the ascendant channel. If DAX close below 9.733 a re-test of february is a option.
DAX Key Support at 9,900DAX Look: return to levels of demand
The key short-term support is at 9,900 points.
DAX drop 1,03% which falls at about 14:30 hours of today's session. This has led to the price of our indice to close the gap at 10.057 points. Short-term the trend is bullish (until the price stay inside the channel DAX still in bullish mode) . We do not appreciate any sign of weakness but to see a very bullish signal should wait for a close above 10.365 points (highs of this week).