German
GER30 Long UpdateGER30 broke the 2H descending Trendline and tested this line. Exactly the same Scenario with the 1H Trendline. I moved my Stop to the marked Level in the Chart. The reason for this is the completed ABCD Pattern and the low volatility. More upside potential is possible.
Trade safe, Daniel
Likes and Comments are appreciated and would keep me motivated.
DAX-30GER-30 again make little correction up. After DAX need going more down. Because golbal down trend for DAX
If you open position just with SL
German unemployment forecasted to be lowerThe EUR German unemployment rate is set to be known in about half an hour. They forecast that it will be much lower, than the previous year. The EUR will strengthen, and the EURUSD, goes up
DAX-30The leaders of growth among the DAX0.69% 30 index components on the basis of today's trading were the shares of Deutsche Bank AG-1.21% (DE: DBKGn), which went up by 0380 n . ( 3.07 % ) , closing at 12755 . Quotes Adidas AG (DE: ADSGN) increased by 3,750 n . ( 2.53 % ) , ending trading at 152250 . Shares of Commerzbank AG (DE: CBKG) rose at 0116 n . ( 2.05 % ) , closing at 5767 .
Dax Price Action System 1 - Trade #196Long @ 10.674,8 Stop Loss @ 10.568,1 Take Profit @ 10.941,7 Risk / Trade 1,07%
EURGBP: Buying at Demand levelBuying at demand level. Price approaching EMA 50 and EMA 50 in uptrend. Bad forecast on YoY German factory orders. Good forecast on MoM German Factory Orders.
Dax Price Action System 1 - Trade #193Dax Price Action System 1 - Trade #193
Long @ 10.246,3 Stop Loss @ 10.143,8 Take Profit @ 10.502,5 Risk / Trade 1,03%
Dax Price Action System 1 - Trade #192Dax Price Action System 1 - Trade #192
Long @ 10.243,8 Stop Loss @ 10.141,4 Take Profit @ 10.499,9 Risk / Trade 1,03%
Ger30 ShortDax Price Action System 1 - Trade #191
Short @ 10.163,8 Stop Loss @ 10.245,1 Take Profit @ 9.960,5 Risk / Trade 0,82%
Ger30 Short TradeDax Price Action System 1 - Trade #190
Short @ 10.314,8 Stop Loss @ 10.397,3 Take Profit @ 10.108.5 Risk / Trade 0,84%
EURUSD: Bad Forecast on EUR. Selling at Supply levelBad forecast on EUR (German retail sales). Selling at supply level.
Germany30 TradeGer30 Price Action System go Long.
Long @ 10.315,5
Stop Los @ 10.212,3
Take Profit @ 10.573,4
Risk / Trade 1,03%
German Dax Long Trade (The last one for a long time!!!!!)Now is the last chance to start a long trade in the German Stock Index DAX. (GER30)
The ideal Aim would be at arround 10545. A StopLoss could be at arround 9500. It is very important to set this SL!!!!!!! Because if the market goes down, it could go down VERY FAST. Especially if it goes bellow 9500. The last resist would be 9350 bellow this level. Then we could see 8350....
A long trade today is much risk, therfore you also can look for a short trade at 10540 instead!
GER30 Possible break fibo 50%Finally could break 50%, that it can´t break before session. Then pullback and go to the next big fibo level.
I always wait pullback and enter safety near the break to put the stoploss close the level.
What will be next?we might see the ear formation again.
Maybe Price is hitting his lower ear.
Beware if Yellen and Draghi have some more sweets than our dog pattern might jump and we hit the upper band of his ear.
DAX SHORTIf this right shoulder holds, we could see 6750/7000. If the DAX/EURUSD negative correlation holds and we see EURUSD rally above 1.15 then the DAX should certainly fall to these levels.
Trading leveraged products carries a high degree of risk.
Not to be taken as investment advice.
