The DAX's in critique point and we must wait for the bake We are in a very important point that can reverse the market,
Please share with me your thoughts,
kind regards,
Daxshort
DAX30 possible bearish moveThat was an unexpected bullish move from Dax today. Has broken every resistance set. may continue to go on an upswing but setting my position now to cash in some pips later in the day when trend reverses. Let's see how this day rolls :)
Triangle on DaxTHe question is, which move next. For me more propably is break down, but still need to wait of comfir.
short on daxDax is in a ranging market at the moment, We can see that clearly, depending on how this market moves we could see a breakout above the top resistance or we could see a continuation of the range. If it breaks out i will wait for a retest tomorrow, if it doesn't i will be looking to short depending on price action.
#DAX - Comming Trendchanging? June 19, 2020 #GRXEUR #DAX30Back from my two-day training seminar (trading/investing) and a big applause to the eager participants. It was a lot of fun again, even if it was certainly a lot of input for you and the heads smoked.
You are perfect and you will rock the show in the next months and years.
But now - Mr. Dax.
There are signs of a possible trend reversal and I want to be prepared for it. After 3 months of upward movement, trend is tiring at the moment. If a reversal is established, then there could be a next downmove.
Ideally, we still have some time to position ourselves and to wait for the weekly closing and hopefully the month/quarter closing candle next week. Nevertheless I need a tradingplan.
Currently still on sideline but always be ready to enter the market.
Greetings from Hannover,
Stefan Bode
DAX is resting for now, what am I looking for here?Hello guys,
the price on EUREX:FDAX1! is resting within quite a small trading range. Generally, the longer the price rests, the more volatility we can expect after breakout.
So, what are my expectations here and what am I looking for? Check in the video! :-)
Have a nice day!
John
FINEIGHT Team
DAX: Retraced 2/3rds of drop from 12900. 2nd leg lower?If a second leg lower after the drop from 12900 is to occur - the DAX sits in the 'hot spot' between a 50% and 2/3rds retracement of the 1st decline
#DAX - June 19, 2020 #DAX30 #GRXEURToday's triple witching day can be volatile, so here are my variations.
If Dax no longer reach 12,486, I still expect another downward movement.
Bearish price targets would be at 11,763 points and 11,305 points.
Therefore, 12.486 should be seen as a StopLoss mark.
My goal is to set SL on entry point because a reversal of the trend could also take place in the area of 12.208 and 12.095 points.
There is no free lunch, at least at the stock market.
Have a good trading day and a nice weekend
Greetings from Hanover, Lower Saxony
Stefan Bode
#DAX - June 18, 2020 #DAX30 #GRXEURThe Dax has not yet finished its upmove, but broken out of small triangle with a classic retest. Dax should not touch 12,768 level, so I expect a further downward movement.
Bearish price targets would be 11,763 points and 11,305 points.
For the rest of the tradingplan, the 10,825 points should not be touched again.
Good trading day to you.
Greetings from Hannover
Stefan Bode
Trading plan for DAX FUTURES - Short Strategy – FDAX1The market goes back down but two major resistance could limit the fall.
And don ‘t forget to take your profits…
SELLERS taking over the MARKET?Hello everyone,
yesterday sellers took over EUREX:FDAX1! and we got through another zone.
Since the open, price is being pushed lower and I am looking for a short opportunity right now. We are getting closer to the bottom of the large trading range so let's see what the market is going to bring us. ;-)
Have a nice day!
John
FINEIGHT Team
#DAX ANALYSIS.. LONG TERM BEAR RUN.. In my analysis that I published earlier, I frequently emphasized the possibility of seeing a strong sales wave in the markets on a global scale, in this context, I think that there can be a structure in #DAX index as I mentioned in the chart..
The chart is weekly, it should be followed in the long run; Price movements in time may not correspond exactly as I have stated on the chart, but in the future, if #DAX cannot provide permanence above the trend line I have indicated with black dashed line, I think it is important to follow the pattern in question.. You can find important points on the chart in the long run.. Let's see what time will show..
What I wrote is about strong possibilities that most investors and analysts do not express or expect.. Please do your own due diligence when it comes to trading.. Invest at your own risk..
I wish you all the best..
#DAX ANALYSIS.. In my analysis that I published earlier, I frequently emphasized the possibility of seeing a strong sales wave in the markets on a global scale, in this context, I think that there can be a structure in #DAX index as I mentioned in the chart..
The chart is weekly, it should be followed in the long run; Price movements in time may not correspond exactly as I have stated on the chart, but in the future, if #DAX cannot provide permanence above the trend line I have indicated with black dashed line, I think it is important to follow the pattern in question.. You can find important points on the chart in the long run.. Let's see what time will show..
What I wrote is about strong possibilities that most investors and analysts do not express or expect.. Please do your own due diligence when it comes to trading.. Invest at your own risk..
I wish you all the best..
DAX Following The Path. Will we Finally Dump in the Indices?Indices still reluctant to go South. Patience is key. Daily Vegas waves currently supporting us.
#Dax30 - Next 3.000 Move #Dax #GRXEURThere should be 3,000 points to be distributed again shortly, and again on the short side.
The whole LockDown is causing more damage globally, so that many more people will die as a result of the LockDown than of the Corona virus, because when people are starving and have no more livelihood, then you are waging war, because somebody has to be to blame.
In relation to Germany.
I do not see any economic recovery in the next 1.5 to 2 years from this standstill and if the lockdown is not finished by 20 April, there is a danger of irreparable damage. The massive loss of trust in governments, which use draconian punishments to prevent people from expressing their opinions, shut down doctors' websites, indict lawyers, put opponents in psychiatric care and denounce neighbours for driving in the "wrong" county, how will this deprivation of freedom ever lead to a normal life again?
Can so many people not see the parallels to 1933?
Is the DAX Index in the Most Bearish Configuration Ever?Is the DAX Index in the Most Bearish Configuration Ever?
