DE40 (GERMANY 40) HIGH PROBABILITY SETUP!! “I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up. I do nothing in the meantime.” - Jim Rogers
GER40 trade ideas
Fri 2024 11 08 - Short||| Stats |||
Stats Day:
** 08:00 H4 double color, - Short
Stats Week:
** Wed US FOMC 20:00:,
Stats Month:
** Mid Nov end,
Stats Year:
** US Election,
||| Trade Taken |||
Trade Taken:
** Time frame:
* H4
** Time:
* 08am,
Set-Up:
** Trigger for trade:
* 8am H4 double color Short,
* m45 close outside m45 BB Short
Risk Reward:
** Risk:
* Initial Turn,
** Target:
* R 1:1 as momentum at H3 D1 center,
DAX H4 | Falling to pullback supportDAX (GER30) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 19,351.22 which is a pullback support that aligns with the 23.6% Fibonacci retracement level.
Stop loss is at 19,260.00 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement level.
Take profit is at 19,624.78 which is a swing-high resistance.
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GER30 forecast This is GER30 forecast
I'm looking for sell opportunities, but the is possible buy opportunity.
I'm look for this current 1d candlestick to close under the 19410.00 level. Then tomorrow's 1d candlestick to show bearish power/close bearish under the 19305.00 level. Then I will be looking for retest on the 19305.00 level for continuation of sell.
If this doesn't happen, then I will be looking for buy opportunity above 19410.00 level.
but the trade will be based on technicals, sentiment and fundamentals.
Update will be given
GER40 there's still space for a scalpLong Position: Consider buying if price breaks and closes above 19,471, with a target near 19,700 and a stop-loss just below 19,400.
Short Position: Consider selling if price fails to break 19,400 resistance convincingly and starts showing bearish signals, targeting support at 19,000 with a stop-loss above 19,471.
TODAY WE HAVE Fed Interest Rate Decision
Likely To Expect a Mildly Positive Long Movement: The GER40 could benefit from a steady Fed rate, as it would stabilize global risk sentiment. A weaker USD could also support the Euro, potentially benefiting European equities. However, continued inflation concerns could raise expectations for tighter ECB policy, adding a layer of complexity.
Germany is destined for upside to 20,893 according to thisWe have seen a textbook Falling Wedge form on the Daily with the Dax.
It seems like there has been a consolidation (range bounded) move before the next direction.
So looking at the indicators and sentiment of the markets, in the medium term it looks like DAX is destined for upside.
Along with the main markets like S&P500 and Crypto.
We just need the price to break above 20MA and we could see the next target at 20,893
WHat do you think?
GER40 (DAX) Potential Bearish Reversal from Order BlockAnalysis Summary
Order Block Resistance: The chart highlights an order block around 19,373, which acts as a resistance zone. If the price reaches this level, it may encounter selling pressure, providing a potential area for a bearish reversal.
Lower High (LH) and Strong High: The presence of a lower high (LH) suggests that sellers are maintaining control at higher levels, reinforcing the resistance within the order block. This aligns with the overall bearish structure seen recently.
Support Zones: There are key support levels marked around 19,098 and 19,002, which could act as downside targets if the price reverses from the order block. These areas may attract buyers if tested, but a sustained break below 19,002 could indicate further bearish momentum.
Break of Structure (BOS): Previous BOS levels confirm bearish momentum, showing that the market structure has shifted to favor sellers. This enhances the probability of a downside continuation if resistance holds at the order block.
Potential Scenarios:
Bearish Reversal from Order Block: If the price reaches the 19,373 order block and faces resistance, it could initiate a bearish move toward the support zones at 19,098 and 19,002. A break below 19,002 would reinforce the bearish trend.
Short-Term Breakout: If the price breaks above the order block at 19,373 and sustains above it, this could invalidate the bearish setup, indicating a potential trend shift toward higher levels.
Conclusion
The GER40 is approaching a significant resistance within the order block at 19,373, where a bearish reversal could lead to a decline targeting the 19,098 and 19,002 support zones. Traders should monitor the reaction within the order block for potential short entries, keeping an eye on the support levels as downside targets.
Bearish drop?DAX40 (DE40) has reacted off the pivot and could drop to the 1st support.
Pivot: 19,127.24
1st Support: 18,954.73
1st Resistance: 19,280.04
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Bullish continuationThe index reversed from bearish to bullish on Friday last week and now price action is retesting an established low facilitating the bull run. If the downard retest breaks the 19k barrier, stability under this barrier will lead to more downward pressure. Stabilising above the above barrier, will likely see upward continuation.
GER30: Bullish Momentum with Key Resistance at 19,513.40Hello,
FX:GER30 consistently impresses with its characteristic German reliability. A bullish trend is anticipated, with a key resistance level to watch at 19,513.40.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
GER40 Short There is a pattern on M15 and M30
This trade is with the H4 trend
triple top on all timeframes with divergence
stop loss of 100 pips
Aim to take half profit at oversold
DE40 - 4h - LONG Trade CallOn 4 h TF, price is moving up in a parrel channel, taking support from the lower line of channel.
Fib retracement has been used to define TPs.
Buy LONG Trade
Entry: 19,202
SL: 19,103
TP1: 19,278
TP2: 19,351
DAX: European Markets and U.S. Elections.The German DAX index (Ticker AT: GER40) has been one of the most impacted by the uncertainty surrounding the U.S. presidential election, closing down 0.1% yesterday, Tuesday, along with the French CAC 40 and the UK's FTSE 100. At today's open, the index continued in negative territory, down -0.13% equivalent to -25.80 points. Currently, the DAX checkpoint stands at around 18,475 points, a level that could hold or even come under further pressure if Trump's re-election materializes, due to fears of protectionist tariff policies that would affect Germany's exporting economy.
Investors maintain a cautious stance, opting to wait for the election results before making important decisions, especially in sectors highly sensitive to changes in U.S. trade and fiscal policies. In addition, the election race has shown a weakened Kamala Harris in the polls, adding more volatility to market forecasts.
Monetary Policy Expectations
Monetary policy is another factor that is influencing movements in the DAX and European markets in general. The US Federal Reserve meeting scheduled for this week could culminate in a rate cut of 25 basis points, which would relieve some of the pressure on global markets. The Bank of England is also scheduled to meet this Thursday and is expected to announce a similar rate cut in an effort to contain inflation and stabilize European markets.
European Corporate Results
Amid this uncertainty, quarterly earnings from European companies have brought slight relief to the market. Approximately 50% of STOXX 600 companies have already reported third quarter results, and many reports exceeded the market's low expectations. Among the highlights:
• Hugo Boss (Ticker AT: BOSS.G): Rallied 0.7% after slightly beating earnings expectations and confirming its annual outlook, despite declines in the Asia-Pacific region.
• AB Foods (Ticker AT: ABF.UK): Shares rose 2.8% after the Primark owner reported solid annual earnings growth, driven by higher revenues in its food and retail businesses.
• ASOS (LON:ASOS): Dropped 2% after reporting significant annual losses, although its CEO, Jose Antonio Ramos Calamonte, expressed optimism about the company's recovery.
Oil Prices
Oil prices, which affect key DAX sectors such as industrials and chemicals, stabilized after a sharp rally on Monday. Brent (Ticker AT: BRENT) reached USD 75.23 per barrel and WTI (Ticker AT: LCRUDE) USD 71.63, boosted by OPEC+'s decision to delay again a 180,000 barrel per day production increase in the face of weak global demand. This is the second extension of the 2.2 million barrels per day cut, an adjustment that producing countries consider necessary to maintain oil market stability. Today, oil prices have started the European trading day upwards, +0.27% for WTI and 0.25% for Brent respectively. It is very likely that these prices will extend to 72.23 USD for WTI and 76.01 USD for BRENT.
Ion Jauregui - ActivTrades Analyst
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Watch out! If CAC dips below the trend line, so do the othersWarren Buffett Is selling stocks at a record pace and avoiding his favorite stock for the first time since 2018 (source: Yahoo Finance November 4, 2024)
Nvidia's Blackwell GPUs are sold out for the next 12 months — chipmaker to gain market share in 2025 (source: toms hardware October 11, 2024). THE GOOD NEWS IS NVDA is incredible; the bad news is that it is all priced in.
Weak jobs data can’t stop 10-year yield’s climb as stock-market rally lost steam (source: Marketwatch Nov. 1, 2024)
GER30 I Bearish Reversal Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 19,330.78, which is a pullback resistance and a 50% Fibonacci retracement.
Our take profit will be at 19,036.94, an overlap support level.
The stop loss will be at 19,661.66, a multi-swing high resistance level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
GER40 (German DAX) Potential Bullish Reversal and Key Levels AnaAnalysis Summary
Lower High (LH) and Strong High: The recent lower high (LH) formed near 19,650 shows where sellers pushed back strongly. This area is reinforced by a broader supply zone, indicating significant resistance if the price rises to test this level again.
Change of Character (CHoCH): Several CHoCH levels highlight shifts in short-term momentum, suggesting mixed sentiment. The recent CHoCH near 19,150 hints at the potential for a reversal to the upside, especially if buying pressure continues to build.
Support and Demand Zones: A large demand zone, marked in blue around 18,875 to 19,000, represents a strong support area. This zone may attract buyers if the price retraces downward, potentially providing a foundation for a bullish move.
Weak Low: The weak low at 19,000 indicates a vulnerable support level. If this level is breached, it could open the path to a deeper bearish move; however, if defended, it could act as a catalyst for a bullish reversal.
Potential Scenarios:
Bullish Reversal: If the price continues to hold above or near the 19,000 demand zone, a bullish move targeting the resistance area around 19,250 to 19,300 (first resistance) and potentially the strong high near 19,650 (second resistance) is possible.
Downward Retracement: A short-term pullback into the demand zone (18,875–19,000) could attract additional buyers, especially if the price action shows signs of support. If the price sustains above this zone, it may confirm a reversal, leading to upward momentum.
Conclusion
GER40 shows potential for a bullish reversal if the demand zone around 19,000 is defended. Traders should monitor reactions around this zone, as a strong bounce could lead to higher levels, while a breakdown might lead to a further decline. Watch for bullish signals near the support areas for entry opportunities.
Weekly Technical AnalysisStart your week by identifying the key price levels and trends.
The SpreadEx Research team has analysed the most popular markets, including stocks, indices, commodities & forex.
*KEY
Trend is set by the slope of the VWAP over 50 periods
Phase is determined by the current price relative to the VWAP (20) level (above or below)
Support & Resistance are set by the StdDev #2 Lower and Upper respectively.
Momentum is determined by the RSI level (70 as overbought and under 30 as oversold).
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Analysis
Germany 40
Germany 40 has shifted to a corrective phase but remains in a bullish trend. The price is now 19,223, having bounced off the 2SD channel it is still below the VWAP (20) of 19,430. Support is at 19,112, with resistance at 19,748. The RSI stands at 47, reflecting a more cautious sentiment within the bullish trend.
UK 100
The UK 100 just about remains neutral, but the break below the previous fractal lows around 8200 could be the start of a new downtrend. The price is currently 8,217, just below the VWAP (20) of 8,257. Support is located at 8,101, while resistance is at 8,413. The RSI is 46, indicating balanced momentum.
Wall Street
Wall Street is in a bullish but corrective phase, still above the VWAP bands. The current price is 42,021, below the VWAP (20) of 42,584. Support is at 41,596, and resistance is at 43,572. The RSI is 44, indicating waning momentum within the broader bullish trend.
Brent Crude
Brent Crude remains neutral, staying in a consolidation phase with limited directional bias. The price is 7,478, just above the VWAP (20) of 7,392. Support is located at 7,097, with resistance at 7,687. The RSI is 52, indicating slightly positive but generally balanced momentum.
Gold
Gold remains bullish in an impulsive phase despite a small pullback. The bearish engulfing candlestick pattern is one to watch for a trend reversal. The current price is 2,740, above the VWAP (20) of 2,719. Support is found at 2,644, and resistance is at 2,795. The RSI is 59, reflecting strong bullish momentum without overbought conditions.
EUR/USD
EUR/USD has moved to a corrective phase but remains in a bearish trend. The price is 1.0898, slightly above the VWAP (20) of 1.0848 after gapping back above a bearish engulfing candlestick. Support is at 1.0765, with resistance at 1.0932. The RSI is 51, suggesting a pause in downward momentum.
G BP/USD
GBP/USD continues in a neutral consolidation phase with a slight bearish bias. The current price is 1.2960, close to the VWAP (20) of 1.2993. Support is at 1.2891, and resistance stands at 1.3094. The RSI is 43, showing mild downside pressure within the neutral trend.
USD/JPY
USD/JPY remains bullish in an impulsive phase. The current price is 151.88, slightly above the VWAP (20) of 151.28. Support is at 148.25, and resistance stands at 154.28. The RSI is 57, signalling ongoing bullish momentum within overbought conditions.
GER40 - TIME TO SEE THE DAX RECOVERTeam, Enter DAX at 19235-50
STOP LOSS AT 19220-19210
Target 1st at 19298
Target 2 at 19393-97
if you plan to take 50% at first target bring stop loss to BE
Today, we are going to risk 147, and reward 783 - LETS DO THIS
4R.. why not
Heading into 50% Fibonacci resistance?GER40 is rising towards the resistance which is a pullback resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 19,326.61
Why we like it:
There is a pullback resistance level that aligns with the 50% Fibonacci retracement.
Stop loss: 19,557.03
Why we like it:
There is a pullback resistance level.
Take profit: 19,073.13
Why we like it:
There is a pullback support level.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
DAX testing supports after wedge breaking to the downsideDAX 40 testing support level around 19k area, which have acted as pivot points 6 times already.
If broken to the downside, 18k should act as the next big level (blue line).
GER40 Trade LogTrade Setup (31/10/2024) - GER40 Long in 4H FVG
1. Setup: Enter long within the 4-hour Fair Value Gap (FVG), identifying this zone as a potential support area for a bullish move.
2. Entry strategy:
- Target: 1:2 RRR.
- Risk: 1% of account.
- Confirmation: Look for bullish reversal signals or strong support within the 4H FVG, such as a bullish candlestick pattern or rejection wick.
3. Stop-loss and take-profit:
- Place stop-loss just below the lower boundary of the 4H FVG to manage downside risk.
- Set take-profit at twice the distance of the stop-loss to maintain a 1:2 RRR.
4. Additional considerations:
- Monitor European market sentiment and any upcoming economic news that could impact GER40.
- Wait for clear bullish signs within the FVG to ensure a higher probability of a successful trade.
This approach focuses on capitalizing on potential bullish momentum if price finds support in the 4H FVG.
DAX to attract sellers at market price?GER40 - Intraday
4 negative daily performances in succession.
Short term bias has turned negative.
Preferred trade is to sell into rallies.
Yesterday's Marabuzo is located at 19161.
Expect trading to remain mixed and volatile.
20 4hour EMA is at 19235.
We look to Sell at 19215 (stop at 19315)
Our profit targets will be 18965 and 18905
Resistance: 19100 / 19200 / 19300
Support: 19003 / 18900 / 18800
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The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
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