GERMANY 30
DAX / GER30 - weekly view ( for options and warrants ).Most basic Fib tool applied - under the speculative assumption that this advance from Feb 2016 was corrective ( in the big picture view ). Careful, this is just an idea we have to keep in the back of our mind, price could just as well have another advance above the yearly high - before a typical Summer correction ( " sell in May " idea ). Main point I want to make is that we can step back and wait for confirmation on weekly charts.
Bat Bearish to... recover from missed Trump's Speech Rally :)...Let's go back to last unfilled gap :)....
Ascending channel : testing new highs ?We are entering inside a warning zone, so, we must take care (eventual trade cancellation).
I'll keep you updated about new observations.
Ascending triangle failed.... Downward move in progress...Time to go down :)...
Thanks to @PSVert for his great analysis that inspired this one.
DAX : Sell off from 11600 resistance levelDAX has been struggling with 11600 resistance level since the beginning of the year.
Time to drop some pressure, I suppose :)...
Big drop expectedMomentum has slowed down and downward pressure visible on 15M.
Perfect time to sell it.
Good Luck!
So difficult to not be attracted to thisThis is not a low volume pocket, it's a low volume black hole! But rather than having its own gravitational pull and acting like a vacuum, it's repelling price like opposing magnets. I think it highlights the zone that price will likely find, if/when it breaks.
DAX - DAILY VIEW - TIME TO SELL OFF :) !DAX reached the upper daily trendline.
Seems to be a nice time to sell off, doesn't it :) ?
DE30EUR - Trading Levels for 28th Oct 2016Anticipated "exhaustion " levels for today are:-
SHORT @ 10765.5; Stop: 200 points. Target: 600 points.
LONG @ 10630.0; Stop: 200 points. Target: 600 points.
DE30EUR - Trading Levels for 19th Oct 2016SHORT @ 10730.0; Stop: 200 points, Target: 600 points.
LONG @ 10515.0; Stop: 200 points, Target: 600 points.
DE30EUR - Trading Levels for 18th Oct 2016.Anticipated exhaustion levels for today are:-
Short @ 10632.0; Stop: 200 points, Target: 600 points or >
Long @ 10480.0; Stop: 200 points, Target: 600 points or >
Use your own entry strategy for Longs with target set for 10632.0 and for shorts down into 10480.0
DE30EUR - Trading Levels for 17th Oct 2016Short @ 10594.5; Stop: 200 points, Target: 600 points.
Long @ 10470.5; Stop: 200 points, Target: 600 points.
DE30EUR - Trading Levels for 14th Oct 2016Short @ 10555.5; Stop: 10575.5, Target: 10495.5
Long @ 10397.5; Stop: 10377.5; Target: 10457.5
DE30EUR - Trading Levels for 12th Oct 2016.These are today's intraday "scalping" levels for the CFD DE30EUR. Adjust levels for FDAX to allow for broker's spreads.
LONG @ 10467.3
SHORT @ 10635.5
Stop: 200 points
Target: 600 points
DE30EUR - Extended intraday Short for 10th Oct 2016Short from 10570.0 was stopped out for a loss. Anticipating 10645.0 to hold for another shorting opportunity.
Trade #2 - Short @ 10645.0; Stop: 200 points, Target: 400-600 points.
DE30EUR - Trade Levels for 10 Oct 2016These Levels mark the anticipated extremities of intraday price movement.This is a Counter-Trend trading strategy.
Long @ 10422.0; Stop: 200 points, Target: 400-600 points.
Short @ 10570.0; Stop: 200 points, Target: 400-600 points.
DE30EUR - Trading Levels for 7th Oct 2016Anticipated Trading Levels for 7th Oct 2016. US Non-Farm Payroll release may dramatically increase volatility & range.
Long @ 10400.0; Stop: 200 pts. Target: 400-600 pts.
Short @ 10650.0; Stop: 200 pts. Target: 400-600 pts.
