DAX/GER30 January Analysis + #LongTimeTradeI post everyday my positions. Feel free to contact me.
Dax will reach 11700 till 2017-01-23 !
My Trade Plan for 2017-01-19 - 2017-01-23
Buy @11580 (+70/-58)
TP 11650
SL 11522
Buy @11580 (+120/-58)
TP 11700
SL 11522
My Trade Plan for 2017-01-19 - 2017-05-05 LONG TIME
Buy @11550 (+650/-319)
TP 12200
SL 11230
Ger30forecasts
SHORT DAXWhat I am looking for is the market to continue getting rejected from the 2 red zones. This has happened on multiple occasions and if the market continues to fail to break above these zones then we want to be looking for shorting opportunities.
Trade is to short the market below the 10,527 level which is the orange dotted line.
Target for the trade will be the 10,200 level as a main target, however I will be taking profit at more immediate levels 30, 60, 90, 120, 160, 200, 250 points and then the 10,200 level which would be around 320 or so points.
Stop loss for this trade is going to be 10,635 on the short below 10,527
Joke on ger30 april fool's day made trend trader sad .. the double top patten completed and we can see 10059 is strong resistnace . yesterday the support line 9738 had been break but it stop drop at 9763. it seems the 9763 is a stronk support . so i guess the dax30 wil have a small climb untill it hit 9836-9850. I will sell around this area with a small order stop loss at 9926 but target wil be 9500. i will set a lot of long orders around 9500 and all orders's stop loss will be 9296 The long orders first target 9777, second target 10017, the final target wil be 10235.
INFALLIBLE DAX STEPS (THE FUTURE ) DAX steps for both hedging, day trading and long term FX gangsters :) all in this chart - please feel free to ask me any question if you are struggling to comprehend this infallible accuracy chart - it's hard to pick my brain on the fly unless you ask me, 'cos no one on the planet draw chart like I do, and there is so much into it - you got to ask me question so you know what am thinking / my vision about DAX movement. News and indicators are quite unstable, so forget about crappy indicators & news hype.
As far as I am concern - I am the only one on the planet that use this below combo to determine Mr market' movement in one single trade.
Elements that made this chart:
*Geometry
*Maths
*Psychology
*Candle Formation
*Candle Wick Mira-Focus (I bet you never heard of this :)
You must be way smart to understand this chart - I can't stress it enough and I can't say much here 'cos Investment Bankers may be upset :)
Let's go get it! :)
Happy trading y'all !
DAX YOU CAN! (2)Hello Family,
DAX has gained even more traction as the buyers kept pilling up and USD creeping up - I see USD shooting to the height of 114.750 within few hours today or by tomorrow the latest. Dax seems to be in a good shape and might hit my second TP @10090 :) finger crossed - but I I recommend a quick TP @ 10027 as well if you will...
Notes: pay attention to the V retrace candle formation, this may occur should market condition changes...but don't panic:) - just go with the flow; if you know what I mean? ( Can't say it here) lol
Remember to set your SL accordingly should you by any chance choose to walk away from your trade.
Happy trading
Dr.