Germany30
Maybe sell DAXMaybe Libra pattern.
Sell DAX
Target on the chart
Test upper border violet channel - target 1
DAX Germany30 SHORTHey Guys,
im going short in the DAX.
My stop is above 12.000 target in the painted are. Its about 2:1 Ratio.
On the monthly Chart I believe to see very bearish candles. The hype of the last months is gone. There is some serious political uncerntainty in EU.
Big drop expectedMomentum has slowed down and downward pressure visible on 15M.
Perfect time to sell it.
Good Luck!
DAX Germany Index Daily Update (26 Jan 2017)Did you follow our analysis one month ago on DAX?
Nice run up we have in line with Dow Jones index.
Do not short at this moment. It is very possible to go higher 12000 level or so.
Trade Safe,
S0nic
Dax Trading Idea 18-01-17You can Buy between 11550 - 11590 (risk max. 3%)
TP 11650
SL 11528
You can Sell @11615 (risk max. 1%)
TP 11550
SL 11635
and
You can Sell @11680 (risk max. 3%)
TP 11550
SL 11725
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/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
DAX SHORT: Fundamental and TechnicalFundamentally: the Eurozone is politically unstable. Debt is rising. The Euro may bottom soon if Draghi tapers QE. Rising US interest rates will put downward pressure on global equity markets.
Technically: there are multiple divergences on the 4H chart towards 11600.
Target: 11000, 10500, 10000
