Hey hey traders and wannabe traders!
The London trading session is in full force and the markets are already moving! In the video we explain plenty of info about the Coronavirus and the current developments but don't go into the probabilities much, we did that with our community already! This video is all about our trading tactic/analysis on the DAX!
Good morning from us!
Here's a little update of what we believe will be happening with the DAX over the next few trading sessions:
The daily is making yet another test of the broken contraction.
The 4H seems to have formed another contraction after the breakout and now retest of major contraction.
The 1H is heading to test the top of a bullish channel and...
Hi guys. As we can see the price is going up after touching the resistance line and the new target could possibly be 296.
If the stock beats this price (296) it will shoot up to 320 or more.
Besides it is quite above the moving average (60) so it indicates an upward trend.
Fibonacci retracements were also used showing that the price broke one of the...
In this video I go over our watchlist for the upcoming week and I mainly focus on the daily chart... tomorrow in the lat Asian trading session I will focus more on exactly what we will do, but it is imperative for us to prepare for tomorrow today.
In the video we go over many forex pairs, indices and commodities.
A little bit about our system is below:
A major contraction breakout followed by a retest with a possible double top.
2 Weeks ago the DAX broke out of a bearish reversal contraction (Rising wedge), this week price headed strongly for a retest and was rising from Monday right until Friday when the retest was achieved and the price started moving lower which makes us believe that in the new week price...
We're got 4 trades coming into the London trading session today and we are shorting AUDUSD, DAX , WTI and EURNZD.
All trades look solid and this quick explanation dictates what we are doing.
Our watchlist will be released only to our trading community.
Hey good morning from gloomy Limassol!
In this short video you will see my watchlist and the trades taken so far this week and today!
The trades taken are mainly forex pairs but I do have an indicie that I bought (Dax) and im looking at gold (xauusd) for a possible buy!
Anyway you'll find everything you need in the video!
Hey good morning from Limassol! Gorgoeus day ahead of us and we wish you the same!
So our watchlist consists of a few pairs, 4 to be exact but we do have 3 active trades...
Below are are the necessary details
Big ECB day... big EUR moves?!
EURCHF: At key support
Price action slowly but surely heading down to a key trading level.... this...
DAX 30 (1H) - short term bullish bias
Last Monday's sell-off pushed the RSI indicator into the over-sold territory. The ensuing RSI divergence where the indicator showed a higher low in contrast to a lower low in the price was a sign that selling pressures have eased off. After a rebound above the immediate resistance in the shape of moving averages, the index...
The DAX is at a make or break position on the weekly. Some will see a double top others will see a triple top. No debates - the point is that these areas carry the least levels of randomness.
Positions can be taken on lower time frames.
Disclaimers: This is not an encouragement or advice to trade in securities. 70 to 90% of retail traders consistently lose...
We look to Sell at 13305
The medium term bias remains bullish.
Price action has formed an expanding wedge formation.
We have a 78.6% Fibonacci pullback level of 13307 from 13380 to 13040.
Negative overnight flows lead to an expectation of a weaker open this morning.
Further downside is expected and we prefer to set shorts in early trade.
Expect trading to remain...