DAX week 17Hello everyone,
This week, I offer my analysis of the movements of $GER30 during the week and my outlook for next week.
Have nice reading and be pleased to comment if you want.
So, what happens last week?
Monday to Wednesday: During the beginning of the week, the $GER30 ranged between 15250 and 15320, waiting for the decision of the FED. That is why, I took some position to take some profits of the range.
Thursday to Friday: $GER30 faced the fear of investors. Inflation is coming and despite what the FED say, the market will take it into account. Thus, $GER30 fall a little bit during those days.
Some persons may have noticed that I took a selling position on $NSDQ100 on Tuesday… My goal was to take advantage of the fall which occurred after the FED decision but unfortunately my position got close by my breakeven stop loss (after a move of 100 points, I put my stop loss to breakeven but it was too early).
My perspective for next week: Honestly next week is hard to analyse. I have difficulties to see a good news which could cause the $GER30 to have a big rise, in my opinion the fall is more realistic. Nevertheless, a range is clearly possible.
What to follow next week?
Globally:
- The situation in India and the possible discovery of an Indian coronavirus case in Germany or in Europe.
- Inflation: the rise of petrol and other raw material.
- The US 10 years interest rates.
Day by day:
- Monday: German Manufacturing PMI;
- Tuesday: GBP Manufacturing PMI and US Trade Balance ;
- Wednesday: US ADP Non farm payroll and US Crude Oil;
- Thursday: UK interest rates and US: initial jobless claims.
- Friday: German Industrial Production and Trade Balance, US Non farm payroll and unemployment rate.
I wish you a good trading week,
Please feel free to ask me questions, I will be glad to connect with you over the comments or by private messages.
Stay safe,
Alexandre
GER30 CFD
Ger30 4h ( this dax will be the highway above or under redzone)-Stabilize above the Red Zone will get last record.
-Stabilize under the Red Zone will get Downward.
DAX - What's next?DAX - What's next?
Yesterday the DAX idea I posted was spot on went to key support area the next support area is interesting we could get further decline.
Support: 15090, 15035, 14925
Resistance:15215 & 15249.0 (Anywhere above bulls are back in control above 200EMA)
Pattern: Wedge /Double top smaller term may develop
Personally, I am loving scalping and day trading DAX I do feel indices overall globally are over extended apart from FTSE of course, I think the indices will get more interesting around summer and mostly in August if not definitely at the end of the yr due to fundamental aspects that may occur.
Seasonality wise: May is usually a good month for the bears for Indices.
Have a wonderful day ahead.
Trade Journal
(Just a trade idea, not a recommendation)
dax want touch 16000 buyyer pressure is high ,if you have old sell close all in low
compny earnings comes exclent too
for dax analyse use FDAX1! and see each mornings analyse ,idea on it
DE30 Buy the uptrend.GER30 - Intraday - We look to Buy at 15281 (stop at 15239)
Daily signals are bullish.
Our short term bias remains positive.
The trend of higher lows is located at 15280.
Dips continue to attract buyers.
We look to buy dips.
Our profit targets will be 15396 and 15436
Resistance: 15350 / 15375 / 15400
Support: 15330 / 15300 / 15250
Ger30 4h-Stabilize above the Red Zone will get last record.
-Stabilize under the Red Zone will get Downward.
Ger30 Idea It's been awhile since the last H & S Pattern. Im hoping for a correction somewhere at 14xxx for a swing Buy
DE30 buy the dip.GER30 - Intraday - We look to Buy at 15181 (stop at 15129)
Daily signals are bullish.
We look to buy dips.
Pivot support is at 15176.
The previous swing low is located at 15160.
20 1day EMA is at 15157.
Our profit targets will be 15323 and 15363
Resistance: 15300 / 15350 / 15375
Support: 15280 / 15250 / 15200
Ger30 DAX Index 4h (breaking channel)-Stabilize above the Red Zone will get last record.
-Stabilize under the Red Zone will get Downward.
———————
-last record for DAX15535 ,breaking this record will be going up to get new record because there is no resistance to stop it till falling upward zone in green color (15777)
-and breaking Resistance zone to down (under red zone) will be start to downward.
exclent MICRO DAX start on eurex now you can trade micro dax directly in frankfurt exchange Eurex with 500-1000$ (1 micro dax margin =200$ 1 point value=1 )
www.eurex.com
if you trade big dax FDAX1!,you can use micro dax for hedge , for example when you buy 1 fdax ,if see market go dawn you can see 25 micro dax
ninja trade and AMP futures and many futures broker have it ( futures dont have swap (night fee) and commission is under 2$ and spread is 1 ) best for scalp and day trader
DAX week 16Hello everyone,
This week, I offer my analysis of the movements of $GER30 during the week and my outlook for next week.
Have nice reading and be pleased to comment if you want.
First,I want to apologize for last week. Due to lockdown in France, I didn’t have time to formalize my analysis.
So, what happens last week?
Monday: The first take profits day… A small fall of $GER30 which took place in two phases the first one during the European opening and then the second one during the US opening.
Tuesday, was in the continuation of Monday.
Wednesday: I will call Wednesday a calm day because all the profit taken were supported by an investor whom was happy to enter during a retracement.
Thursday: The day started in the middle of the range, thus, it roses to the upper part of the range and when it roses too much a big take profit occurred.
Friday, it tested the complete range… after a fall due to the rise of interest rates in Russia, the GER30 was pushed towards the upper part of the range by the good indicators in the US.
We are currently in the range 15175 - 15275, thus my perspectives for next week are:
- Monday in the morning, the futures will try to rise but the recent high in the $US30 will push all the indices down;
- Then during the rest of the week I think it will continue in his take profits cycle because the end of the month is coming.
What to follow next week?
- Monday: German Business Climate, Core Durable Goods Orders;
- Tuesday: Japan Interest rates, US CB consumer confidence ;
- Wednesday: FED interest rates decision;
- Thursday (Big day like always):
- German Unemployment change;
- US: GDBP, initial jobless claims.
- Friday: Chinese manufacturing PMI, European CPI.
I wish you a good trading week,
Please feel free to ask me questions, I will be glad to connect with you over the comments or by private messages.
Stay safe,
Alexandre
dax show down trend starting dax can stand under ichmoku main green line, this mean 99% dax pro big trader want fill open gap on 14850
ALERT=in right of chart , see green fibo 161% (technical trader target) it show 13800 for target , be carefull from buy ,put sl in low
mr Biden 200% increase tax on investemts like buy stocks,index ... this will wake up bear(seller) reduce invest on stocks
www.marketwatch.com
technical say =looking for sell until 14850 , close buys,dont inter buy until 1850 =important open gap on cash xetra dax fill (100% will fill soon or late)
AC acelator and stoch 4hour show sell now ,mean powerfull seller comming
we will on green flash put buylimit with sl =40 trailstop=40
not=ichimoku is for trendy markets like gold,oil , not very good on zigzag market like dax dow,, use of it not advice , Donchian channel indicator better than it
dax reach fibo 61% now must go down AC 240min going to red,,show down trend comming
green arrow = place you must buylimit with sl=40
note= with calculation with robot , dax best SL =40point best TP=180 point
Ger30 4h (downward under red zone)-Stabilize above the Red Zone will get Upward.
-Stabilize under the Red Zone will get Downward.
DE30 Buy the dip.GER30 - Intraday - We look to Buy at 15366 (stop at 15319)
Daily signals are bullish.
Previous resistance, now becomes support at 15375.
Pivot support is at 15375.
20 4hour EMA is at 15366.
We look to buy dips.
We can see no technical reason for a change of trend.
Our profit targets will be 15498 and 15548
Resistance: 15450 / 15500 / 15550
Support: 15400 / 15350 / 15300
GER30 4H DAX -Stabilize above the Red Zone will get Upward.
-Stabilize under the Red Zone will get Downward.
-------------------------------------
my last idea about GER30 (DAX INDEX) on 14Apr:
big fund manager see theseas i was predict here 3 month ago ,dax in way to 17000
today big fund manager ,see this levels as targets
green=fibo raytrace
orange=fibo extention(projection)
technical say = AC and stoch full green and going to sell , in next weeks dax must go down touch 15000 even 14850 then fly up 16800-17000
www.tradingview.com
Ger30 DAX 4H
In a previous idea we posted we get it the target because breaked a strong resistance
-Stabilize above the Red Zone will get Upward.
-Stabilize under the Red Zone will get Downward.
GER30 Buy a break setup.GER30 - Intraday - We look to Buy a break of 15381 (stop at 15324)
Daily signals are bullish.
Price action continues to trade around the all-time highs.
Pivot resistance is at 15375.
A break of bespoke resistance at 15375, and the move higher is already underway.
We look for gains to be extended today.
We can see no technical reason for a change of trend.
Our profit targets will be 15541 and 15591
Resistance: 15375 / 15450 / 15500
Support: 15300 / 15250 / 15200
Ger30 - extending long
A push to the upside is imminent. German DEU.IDX looks surprisingly good with the ECB spending and stimulus at way .
Structure would have it that points upwards, although bearish momentum can occur.
My bias still bullish effective immediately however a good risk to reward management is needed like every trade just in case it doesn't work out.
Good luck Traders.
Ger30 DAX 4H (breaking red zone up or down)-Stabilize above the Red Zone will get Upward.
-Stabilize under the Red Zone will get Downward.
DE30 Long Intraday setup.GER30 - Intraday - We look to Buy at 15241 (stop at 15188)
Daily signals are bullish.
20 4hour EMA is at 15243.
We look to buy dips.
Dips continue to attract buyers.
We can see no technical reason for a change of trend.
Our outlook is bullish.
Our profit targets will be 15396 and 15466
Resistance: 15300 / 15375 / 15400
Support: 15250 / 15200 / 15150
