Childrenofmen

DAX WEEKEND ANALYSIS - SWING

INDEX:DAX   DAX Stock Index
As we can see in the chart the 50 EMA Is Lower Then the 200 EMA
Which means any new position must be taken short But given the recent intraday spike we see a potential crossing of the 50 EMA whit the 200 EMA which would mean we enter a long swing buying phase.
Looking closer towards the 5 EMA and 10 EMA We took a long speculative position the current uptrend is long.
Stoch RSI indicated a crossing on monday: this is when we enter a speculative long position with tight stop on monday. @ 9740 +/- to counter the sidewaymovement.
Stoch RSI Is indicating overbought signs, RSI Isn't.
This means we enterd a hard resistance zone .
Potential upswing possible up until 10460.
Profit entered the 5% Range
Advise for short term swing longs: HOLD
Trade closed manually
+1 , mainly for
"whit tight stop "
Reply
G13Man G13Man
but the rest was classic !
Reply
OEPS haha
Reply
G13Man Childrenofmen
glad to see u profited and got out ! congrates !
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out