In my analysis that I published earlier, I frequently emphasized the possibility of seeing a strong sales wave in the markets on a global scale, in this context, I think that there can be a structure in #DAX index as I mentioned in the chart..
The chart is weekly, it should be followed in the long run; Price movements in time may not correspond exactly as I...
I believe that They will pull the trigger on Dax on Thursday from 0.5 fibo 11900 region. Probably Covid 19 treatment rumours have been fabricated to manipulate the retail buyers to dump everything triggered witht by the possible bad data on Thursday. Just an idea not a trading advice.
Dax h4 view. Is this the drop completed?
I think it’s met minimum requirement but given wider market conditions, safe to be away from longs at this point.
We have entered bear market territory now and price action will be extremely volatile!
All the best everyone.
We are focused on Intraday selling of the DAX for today.
TP 13621.75 ( pips 126 / RR 3+ )
SL 13787. 45 ( pips 40 )
Price action is completing a contraction below the 30% of the recent swing from high to low. We have a potential reversal candle on the previous candle and this looks like the best entry indication.
All we need is a breakout of the...
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...
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 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...
We look to Sell at 13260
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 mixed...
Beta-R:Journal. Risk Management: Compound .Level : PA . Time: Short-term - Intermediate . This is just my view follow if it aligns with yours. Ideas are not repeated rather updated.Projections may be subject to failure.
DAX is on its way to retest all time's market high.
I think that this time we may see a fake structure violation before the retracement from the underlined resistance.
Pay close attention to the market when it enters the underlined area and look for a "W" formation to open short.
*I am not suggesting to catch a big...