Hello everyone, I'm aiming for a bearish continuation for the DAX, I'd like to fill the bottom.
GER40 - 24h expiry Yesterday's Marabuzo is located at 18065. Short term bias has turned positive. Risk/Reward would be poor to call a buy from current levels. The primary trend remains bullish. Preferred trade is to buy on dips. We look to Buy at 18065 (stop at 17965) Our profit targets will be 18315 and 18395 Resistance: 18234 / 18300 / 18400 Support:...
The DAX (DE40) has broken above a pivot level and could potentially rise higher. Could this index bounce off this pivot and rise towards the 1st resistance? Pivot: 18,152.00 1st Support: 17,901.10 1st Resistance: 18,396.40 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to...
Pivot 17965.00 Our preference Long positions above 17965.00 with targets at 18250.00 & 18370.00 in extension. Alternative scenario Below 17965.00 look for further downside with 17870.00 & 17770.00 as targets. Comment Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. Supports and...
Start 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 direction is set by the slope of the VWAP Trend phase is determined by the current price relative to the VWAP (20) level and Elliot waves Support & Resistance are set by the...
Set up wasn't respected, although it stop out on the second entry( the scaling in trade).
1. Daily Break of Structure (BOS) 2. 50 & 100 EMA Cross down on H4 and PA retest of EMAs 3. Retest of BOS 4. Trendline Break and Retest at H4 EMA Crossover
With the previous trade taken taken yesterday got a chance to make a scale in, and this further goes in line with the trading plan of scaling in only when the previous trade is in profit.
A trade according to a proven and tested strategy, I like to call it triangle set up commonly known as the break out structure. Took a sell after a retest at a resistance area, and made a double top for further confirmation.
Set up wasn't respected. As planned, a retest was made in the significant level, which was part of my trading plan however, it didn't go into play.
At rising channel toppish, look like pushing up momentum is greatly reduced looking at the gradients of each rise. RSI is diverging. at BB top, has shown a bearish bar. high risk to reward ratio.
The DAX has put the geopolitical risk premium behind it to start the week, despite the Iranian attack on Israel over the weekend. IF the hourly stochastic can reach its upper quartile and maintain, a positive swing is likely to result. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC,...
We looking for buying opportunities as we are respecting the support zone with a bullish flag and double bottom formation
The DAX (GER30) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 18,182.57 which is an overlap resistance that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 18,460.00 which is a level that sits above the 61.8% Fibonacci retracement and a pullback resistance. Take profit...
Good Evening and I hope you are well. overall market comment Last week was expected until Wednesday, as markets mostly moved sideways. Two weeks ago I concluded the most recent bull trends had their trend lines broken and the daily 20emas also. Wednesday’s CPI print was a bit above forecast but reminded markets that maybe not all is well buying into the highs...
De 15-19 Apr 24 Hi guys, This is a guideline for trading de40 next week. Happy trading! KS
price is nearing a support zone therefore i would look for reversal patterns in lower time frames such as the 15 M AND 5 M What i would like to see is bluish momentum entering the market then pushing price back up