DOJI comes in daily chart ,show trend will switch to down on your chart draw trend base FIBO EXTENTION(on ninjatrader fibo projection or fibo expantion in metatrader)
in these price inter buy is very risky,super stupid,each second dax can crash 1000 point ,we are waiting 14800 and 14600 to pick buy
these days dax dow movment is very bad ,99% of trades on it comes from banks,broker traders and retail trader cant trade !!! hope big bad news comes this week
for next days (april) advice looking for sell on dax,looking for buy on gold and silver
FDAX1! trade ideas
sellstop in 15180 is powerful signal sl= last high
AC (or stoch) in 4hour chart is red AC weekly want turn red(full green) this mean we are in start of down trend ,so looking for sell (sellstop in low sl on high) is good stratgy
break high can shoot dax to 15600(fibo 256%)
ALERT= technical (like bolingerbond daily)say dax can see 14000 we advice dont inter buy above gap1 15800
prnt.sc
dax best money manage after 14 year trade dax,daily 10 hour avg=
dax,dow true lot size = 1000$ balance max 0.01 lot( 10$ ) never go above this=margincall !!!!
reduce your levrage to max 10 dont use higher for trade dax,index,gold even forex
dax has sell,for pick buy dax must see 14800 open gap1AC(accelator) and stoch on 4 hour chart show new downtrend must start
in other side fibo 61%(dax love it) show 14750
if you have old open sell ,put buylimit (0.5*total sells lot) order in thiese 3 green arrow and dont close buys before close all sells
break red trend will open dax crash you know we have 2 powerfull open gap on cash xetra dax , must fill soon or late
dax on up move is very overboght and break red line couse all buyers inter sell ,we advice dont inter buy now above 14700 and wait until gap fill ,if you have open buy put SL on red line and DONT REMOVE IT
if you have open sell,dont fear ,dax will fill 2 gap (on gap 1 hedge your sells,on gap 2 close all sell)
after gap 2 fill (currection) dax can start new + trend to 15400
in break red line 2way can happend =bad news+ fast crash to fill 2 gap or witout bad news and soft down trend with zigzag
ALERT= break gap2 mean dax want see fibo 161%(dax traders love fibo 61%-161%) 14000 we have important trend there
our 14 year exprience on trade dax say us dax will see 14000 soon ! !!
VDAX ready to jump up
2 way can happendAC 240min is green + but very week ,this mean buyer is week and can easily turn red
stochastic on 4hour chart show sell
us10 year yield on + trend move up ,this mean high inflation will push stocks,index down
this mean each second dax can start new down trend to fill 2 open gap on cash xetra dax
we will start buy near 14650(gap2) not above it
dax traders waiting bad newsdax today reach target FIBO EXTENTION =buyer must close + sell signal
all dax traders waiting bad news come , know dax not super trendy like gold go up up up (trendy), its manner is zigzag can wild go up ,wild crash, like march 2020 can go 6000 point in 3-4 day down then 8000point back to up !!!!
we advice for now sell or wait to buy on below 2 important open gap 14850-14650(dax love fibo 61% too much =14300)
for now buy gold,sell dax and wait 2 week is good stratgy
look at monthly chart and golden trend linesdraw these trends on your chart exactly
dax not super trendy like gold,its manner is zigzag so easily can go 15000 then back to 14000-12500
no doubts 15000 is end of up trend and dax must go down now to 14000 then go up again crash 12500(on big bad news)
(as we predict 6 month ago when dax was below 13000 , dax target1=14400 dax target2=15000 target 3 for end of summer 2021 is 17000 for this we strongly ask :stand on buy side)
now technical say dax must touch below black down trend line 14000 (currection) then start new wave to 17000 (zigzag grow)
for now sell dax and wait 2 week is clever order ,save on mind= to buy dax near 14000 and 12500 and hold them 3-4 week min to 15000-17000
many big banks,fund wait dax 12500 to buy dax and hold it longterm !!!!
good luck
as we predict yesterday,dax fill open gap 1gap 2 still is open ,so protrader target is 14650,in next days this open(active target) must fill (buyer target is 15000 ,dax can touch it then start down trend to touch black trend
in red,green arrow you can put order but with SL=40 point
prnt.sc
we advice above 14700 dont pick buy signals,wait until gap2 ,put sellstop in low(15min chart) is best stratgy
dax vs euro bond vs germany 10 year bond vs 10 year yeild dax must move with 10 year bond yeild
against euro bond and 10 year bond
note=
in trade dax we dont use these , in europe open dax traders watch little eurousd (not very important,10% effect)and in evening after US NYSE open we watch dowjones(50% effect) only ,for dax traders these 2 enough
secret=
more that all indicators STOCHASTIC and EMA200 is important on dax(must run it on fdax ,dax futures )
3 way can happend today technical move dax to downer gap ,but US GDP news undo it up ,but still we predict sell pressure can crash dax down to 14000 gap
for next days still looking for sell ,above arrow show powerfull place (100% put sl on high/low or 40 point)
above 14500 we will stand away , we will buy on near 14300 support and 14000 gap (then dax can go to 15000)
note =stoch or AC(accelator occilator) on 4 hour chart turn green in today up move
technical say ,dax must see fibo 61%= 14300if you have old sell ,you must put tp =14300
after 14300 , dax can touch downer gap 14000 or upper target 15000
dont buy dax above 14500 (dax each sec can crash) wait until fibo 61% 14300
we will inter buy on near 14300 and above 14000 with target 15000
for next days we think best deal is buy GOLD GC1! and hold it until min 1920
DAX: Position Trading Analysis With Volume Profile Hello guys,
today’s analysis will be a bit different since I won’t be talking about day trading, but about long-term position trading.
Maybe you remember a video called: How To Use Volume Profile For Long-term Investing . In this video, I showed you how you can analyze long-term trading opportunities on stock indices.
Today, I am going to follow up and comment on another stock index – the German DAX.
DAX – Waiting For A Pullback
DAX is at its absolute highs right now. It has never been so high as it is now. As you probably know I don’t really advise to go Long when the market is at its highs. In fact, I am quite against this. What I prefer is to wait for a pullback and then jump in the Long trade.
The only question is: “pullback to where?“
A rule of thumb is simply to the closest significant volume area.
You can identify such area with my Volume Profile indicator.
As you can see, there was a massive volume zone around 14.000. From this zone a strong buying activity started. This indicates that strong Buyers were building up their Long positions there – in that rotation around 14.000. Then they pushed the price aggressively even higher.
When there is a pullback into this zone at some point in the future, then it should work as a Support. Strong Buyers who placed their Longs there should defend this zone. It is important for them.
This is why I think this could be a nice opportunity to jump in a Long (if there is the pullback, of course….). If DAX shoots through the roof without any pullback, then no point in chasing it…
Resistance Became A Support
There is one more thing I like about this Support zone around 13900-14000. It is that this Support was a Resistance in the past.
If you look at the chart below, you can see how strongly the price rejected this 13900-14000 area in the past. This means that it was a strong Resistance.
Now, when the price shot past the Resistance and created a new all-time high, this Resistance became a Support.
This is a simple Price Action setup which I not only use for Day trading or swing trading, but also for long-term position trading.
You can learn more about this setup here:
PRICE ACTION Setup: Resistance → Support
I hope you guys liked the analysis. Let me know what you think in the comments below!
Happy trading!
-Dale