FDAX almost overboughtGermany went up 2.5%, explain the morning rally but the US is selling it off causing a big whipsaw.
Not sure what's going on in EUrope but yields are rising.... and AAPL still looks weak. Tonight will probably be a reverse where Asia goes up and EUrope goes down, lol. More whipsaw coming.
FDAX1! trade ideas
new Gap stratgy for fdax we have open gap in down dax must fill it
AC 240min is green so monday, buyer will comes
dax is above daily Ema200 so we looking for buy only,not sell
STRATGY =dont forget cash xetra dax yesterday close(at 17:30 CET) price is very important ,in 7:00 am CET when price is down from xetra dax close price we inter buy
again
in 9:00 CET when frankfurt open,if fdax price be under xetra dax close price,we inter buy again(tp=xetra yesterday close)
so dax trader must in 7&9 am morning see DEU30 close price
all sl =4-5 point blow low(or high) 5 min chart
www.tradingview.com
DAX FUTURES Levels to watch for Next week (01-03)Price is trapped in H4 demand, one supply is untested. I would say, short this, but price still battling to stay above demand. During this weekend, the stimulus package is almost a done deal, so gonna wait monday reaction and play tuesday levels. Trade safe!
DAX – A Powerhouse in the Making! 💪Over the last couple of weeks, Germany’s lead index had a particularly hard time getting above 14123 points. In the course of a general weakness in the markets, the course moved away from this threshold. We expect the DAX to continue to decline a bit further until it reaches a region around 13489 points. After that, we are all set to tackle new all-time highs above 14123 points! What is important here is that we stay over 13288, in order to avoid further deteriorating courses.
Trade, trade, hurray!
daily chart for next 3 month trend is + dax company earnings comes very + so we see trend will + and can explode to up (zigzag) dax in trend to 17000(big banks,fund target , fibo 161% on corona crash )
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we advice buy 13500 and hold it long term (if you draw trend base fibo extention (fibo projection) you must put take profit 14400
note=dow,nazdaq can 20% go down but this not big effect on dax +
WE AGAIN ADVICE =when dax is above Ema200 daily (orange line) dont pick sell,looking for buy only
pick sell risk is very very high