Ger30sell
Short at 12556 for 260 pips to 2015 high SL12680Due to geopolitical Tension + Merkal face coalition Talks
and also wall street have not consodilate yet
so i expect a pull back on 2015 high with 2 target first for in total of 260 pips
inmore i see a bearish divergence in h4
enter at 12556 SL 12675 final target 12290
RR 1/2.45
SHORT - C WAVE - German Elections VolatilityIn what should kick off a C Wave down in the Dax this move should also coincide with a move down in the Euro.
Support in theory should be around the area of the green dotted line but as always counting a complete 5 waves down should indicate the move is over.
In theory a stop should be at the major high above this current pullback.
GER30It looks now for the last high for me (may be one more high this week and then down to 12500 - 12000.
Good luck to all with your plan.
GER30 Short long term to support 12.390Possible short to 12.390 first target, based on Ichi-cloud D1,H4,M30 if break under 12.630.
Possible short correction up to 11.562 in the next steps, if the idea works.
Good luck :)
DAX: Massive, 2 year, double top. There is something special cooking in the EU. Dax is at a 2 year double top (exactly), it can be seen well on its weekly chart.
May will be an important month to the Euro, we have the French elections, the second and final round will take place.
Resistance can be seen in the last week weeks, but this week is different, sentimental movements have caused DAX to head to a new high but as things stand, it will not last long. A crash is coming.
The second round is on the 7th of May, I have entered a scout position with the idea for it to become a trend trade.
More updates coming.
German Dax - Daily - Sell for a correction/ReversalGerman Dax is calling for a correction on monthly/weekly time-frames. Also with the upcoming french and german elections this year, I am expecting weakness/corrections in german dax for the coming weeks.
DAX DAY TRADE System - SHORTSHORT @ Xetra Open - Stop Loss 0,9% - Close = Xetra Close 17:35 Uhr
Happy Trading
Dax Trading Idea 09-02-17 LONG -> SHORTI buy 3 Positions @11555 LONG with TP 11637, 11686, 11735 (move SL to entry if TP1 is reached)
I will Sell from 11637, 11686, 11735 with TP 11425.
