Germany
DAX | DAILY, D1 | BUY follow the LONG opening and make LONG-BUY* * * news from today * * *
IT COMES A NEW ELECTED PRÄSIDENT (possible favorite Mr. Steinmeier) FOR GERMANY.
check the LONG-BUY opening betweeen the lines above and fallow all day long an upward trend.
so that just make a BUY-order.
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ATTENTION!
this is a test-analysis on the demo-account. please don't try it on your real account.
Maybe sell DAXMaybe Libra pattern.
Sell DAX
Target on the chart
Test upper border violet channel - target 1
Vonovia Break EvenMy Vonovia position in on break even. The breakout happend perfectly, there was a bigger pullback, thats an opportunity to move the stop.
If it breaks the 31.75 i will move my stop.
This is a long term Position, I'm even interessted in holding this Company.
I think the dax is just testing breakoutJust think this is a normal back test, but you never know these day's.....maybe Trump sends out another tweet the DAX is overvalued and I am screwed..........:-) We will find out soon........
BAYER (+MONSANTO) - LONGI have open position on Bayer since 1st January.
I like how it looks on the chart.
Dax Trading Idea 18-01-17I will open 2 Buy positions:
Position 1 @11560-11590 (max risk -3%)
TP 11650
SL 11545
Position 2 @ 11550 (max risk -3%)
TP 11700
SL 11545
I will open 2 Sell positions:
Position 1 @11615 (max risk -1%)
TP 11545
SL 11635
Position 2 @11680 (max risk -3%)
TP 11545
SL 11705
I wish you a successful Trading Day/Week :)
DAX Index just hit the 78.6 Fibonacci RetracementDAX Index just hit the 78.6 Fibonacci Retracement, so I'm expecting a big down move.
Stop loss can be put just over the previous high and Take Profit at 50 level.
DAX 30 - Current consolidation analyzedFollowing the breakout of the channel at the beginning of December, the upward impulsion seems now to be over and a consolidation period has started since the end of 2016.
An important divergence exists between the recent uptrend of the price and 3 indicators (MACD, Momentum and RSI). The most valuable one being the RSI being clearly now in a downward configuration with a break of a support and creation of new lows.
This is very much a short term signal, as this divergence is not visible on the weekly data.
- Short term holders would keep their positions unless price goes below the current support at 11,484
- Mid to long term holders have no reason at this stage to cut their position
- In case of a break below the 11,484, the index could retrace down to around 10,897 (61.8% of the current impulsion)
- A break above 11,695 would create a new high and be a buy signal, cancelling out the divergence observed
GER30 SHORTMay have a reversal on the FX:GER30 . I am waiting for a clear signal of the bears taking over price and we could get a pullback
DAX - time to short index?Now I `m in Long (target 11310-11343).
A possible rebound from the upper border of the channel.
I go into a short deal GER30 on the rebound.
Potential targets on the chart.
Stop on the upper border of the channel (zone 11400-11440).
I will comment on the idea, as events unfold.
Thank you for your attention.
