Germany30
DAX GAMEPLAN FOR COMING DAYSToday's price action suggests that we will visit 1330-1300 area. Happy trading. This is the range until we break lower/higher.
GER30 Trading Idea Price bounced from the support level and MA20. RSI confirms price reversal and MACD gives a signal for opening long trades above 10580 with target near 11000. Stop order should be placed below the support level. If ADX starts rising, it will be good confirmation of up movement.
Daily Outside Bar just below the PRZ of a Gartley The German DAX continues to consolidate just below the PRZ of weekly bearish Gartley pattern.
Today, after Draghi's ECB press conference, the German Index formed a daily Outside Bar that will be triggered if the price will decline below 10,600
For now, the Fast MA line (in yellow) continues to play its support role and drives the price higher every time it touches it.
When it'll fail, it'll be the trigger for a pullback towards 10,000 again (with 10,350-10,400 as mid Target) to test the strong weekly support there.
DAX 4HGER30 ist in neutral zone between 10500 - 10700/50 over ist long for me till 10800/10 than we have to look if more up than 11 k is the next one.
This can be fast but look at 3.Friday this month...!
at this time i think we close under 11k.
Also neutrale Zone bleibt bei 10500 - 10700/50 darüber ist bis 10800/10 Luft. Dann schauen wir ob es weiter hoch geht. dann bis 11000.
Aber zum Hexensabatt sollte der DAX unter 11 k schließen (zur jetztigen Zeitpunkt)
Reversal ahead?since dax ended his correction game, it looks like the up move was of a "correctional" nature to prepare a much bigger sell off.
Areas of interest will be between 10.600 and 10.550
SHORT OPPORTUNITY DAXHi all,
Dax gives room for some correction.
Nice Short Set up on the DAX. With good risk to reward ratio!
Short on: 10.545
Stoploss: 10.585
Take profit: 10.335
DAX 30 (MONEY MAKER)Long time i think about DAX. I see one Global chanel(RED) and smaller channel (Black). In all channels shall be downward movement.
Every order to open with SL
Have good profit my people!
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
GER30After report Germany Unemployment Change GER30 make impuls down.
If you follow me open positions with Stop Loss
GER30 - Daily OpportunityWe will be looking for a pullback to previous resistance to enter new short in GER30 (D) with stops placed above highlighted green area. Breakout of upward sloping trendline was not convincing. If resistance holds, we will also have a double top pattern completion upon the break of the red neckline. We will wait for price action to indicate that new highs are unlikely prior to trade entry, rather than simply placing a limit order (offer) in the orange area.
GER30 4hDax ist on the long.... The manipulation ist so strong that the markets have to go long this year.
My thougth is the same i write on the chart. 11000 - 200 - 300 is no problem in the near time.
Under 10500 max 10000 down but that not now!
Only my opionion. Please trade your own plan!
DAX Fibo projectionThis is my first attempt in using Fibo Retracements and Arcs to project a future trend target. This is experimental.
The Fibo arc must intersect with the two orange nodes, this is due to the nature of it's implementation as it does not scale with the chart.
