FX:GER30   DAX index of German listed shares
1615 53 44
2 months ago
How are u trading the Dax?
2 months ago
Comment: imo the bias below 10.450 is bearish
2 months ago
Comment: i am not searching a new Long entry as Long as we trade below 10.800 -i will wait for the bigger and better PROcyclical breakout-Signal.
2 months ago
Comment: perhaps we can try to catch the weak brealout at 10.450/10.500.
10.100 (anticyclical countertrade) could be a nice entry for the impatient Trader :-9 and risk Lover :-9
2 months ago
Comment: Today i see the Chance to break out. (Bullish Flag!) Trading above yesterdays High @ 10.386 could initiate a further buying wave up to 10.450. Above that Level the next cyclical buying wave up to 10.550 could be exspected.
Trading below yesterdays Low @ 10.325 could initiate a shortterm selling wave down to 10.250. Below that Level it`s "sell-off" time down to 10.111 Regards Mary
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2 months ago
Comment:
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2 months ago
Comment: yihaaaaaaaaaaaaaaaaaaaaaa
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2 months ago
Trade closed manually: ~ 45 Points for breakfast are really enough :-) hmmm tasty :-) i Close the flagtrade
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2 months ago
Comment: will we see a retest of the bo-niveau? 10.380 is the Level to watch! Perhaps the 10.400 trendline could be the Level for a Turnaround yet to make a new high
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2 months ago
Comment: aha aha
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2 months ago
Comment: Yihaaaaaaaa - precision landing!
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2 months ago
Comment: retesting bo-niveau= action point- attention pls !
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2 months ago
Comment: aha
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2 months ago
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2 months ago
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2 months ago
Comment: 10.540 - we are comin! ?
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10.540 is the new Level to watch. If we can trade above this Level, 10.750 could be aimed!
2 months ago
Comment: RSI is nearly overbought now
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2 months ago
Comment: 10.540 we are coming!?
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2 months ago
Comment: yihaa
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2 months ago
Comment: Perhaps Dax will form a bullish flag?
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2 months ago
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2 months ago
Comment: ok, my Feeling that we make no higher high today (see below in the comments) was right at present ...
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2 months ago
Comment: 10450- 10470 again turned into a resistance -watch this Level!
2 months ago
Comment: will we see an new "3?" ? RSI is oversold now
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2 months ago
Comment: 10445 should not fall
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2 months ago
Comment: recaptured rsisit 1
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2 months ago
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2 months ago
Comment: @ 2tenor: hi 2tenor -thx for that info i see the same Chance in the 15min Chart ....here is a possible bearflag..sl should be 10476 tp also 10400/ 10380...my "real" shortsignal for that Szenario is a bit deeper (the procyclical Signal) at 10438
- the red line is the wave i would exspect
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2 months ago
Comment: this shortszenario is only valid as as dax < 10476
2 months ago
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2 months ago
Comment: dax reached "2" = Action Point " possible short Trigger
2 months ago
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2 months ago
Comment: It Seems tomorrow will be a nice long Day? Another round" Stairways to heaven" ?;)
2 months ago
Comment:
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2 months ago
Comment: we reached the "vakuum" between 10.540 - 10.630 - here are no resistance zones imo. If you have a look at the RSI, a Little consolidation should be exspected....the 10.540 is a hard level to beat
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2 months ago
Comment: the anticyclical risklover could open a shortscalp at the present Level with sl near above todays high
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2 months ago
Comment: wow...rsi near to the buying level
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2 months ago
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2 months ago
Comment: 10.400 should not be underbidden..thats the last support, the last valid "3"
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giannygiani
2 months ago
DAX Opening Range (OR):
10.310/10.370
Middle 50% @ 343

Think long today, but be careful of the US markets. They are high and could pull back and drag the DAX down again.
+1 Reply
MaryJane giannygiani
2 months ago
THX for your view...for me the markets feels weak bearish furthermore (but with a consolidating character) ..imo there is a bigger likelihood to drop a bit more down..the market have had his Chance to climb...
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kenanseha
2 months ago
I DON'T DECIDE TO READ THEIR ANALYSIS. YOU GIVE ME CONFIDENCE. I FOLLOW DAX AND GOLD.
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MaryJane kenanseha
2 months ago
hihi :-)
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j33per PRO
2 months ago
Agree with your bearish disposition.... I think we're on the way towards 9797....
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sunnymudhar PRO
2 months ago
Agree with your bearish view as well. There is a lot of news this week which may also affect indices especially the FED rate etc, which will be causing whipsaws. Make sure stop losses in place peeps!
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2tenor
2 months ago
I have a 2-hour candle based system for DAX, I mostly follow that.

Now it says "stay sidelines".

On Friday, I got a short signal which went well.
The same short signal was still active this morning; I tried re-entries but got stopped out.

For me, not possible to get a LONG-signal from here (Monday, 13:40 CET, FDAX 10.342), without going down first.
Short signal may be possible today, if there will be some further decline during afternoon.
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etsimastuottoa
2 months ago
DAX LONG


Let's go at least to 10500. Too many bears now in board.
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MaryJane etsimastuottoa
2 months ago
like!
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EASYCHUA99
2 months ago
My point view today Dax will up and down SIDE WAY ( 10330 -10440 ) WAITING For US FOMC Interest Rate Decision THURDAY
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andras1229
2 months ago
Mahlzeit!
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kenanseha
2 months ago
I love you Mary. Perfect
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2tenor
2 months ago
Congratulations for longs!

My system unfortunately showed a short signal yesterday evening... which got stopped out today.
And, I got no proper long signal, so missed that one..

But, this was actually the largest loss for my system since early July, and the past 11 weeks have been very good.
Sometimes this happens....

Next short signal which may come still today, I should then take.
If that will show up, lets see?
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MaryJane 2tenor
2 months ago
Hi 2tenor..that sounds very interesting..which signals do you use ? Have u gotr an example or a Chart? Is it indicator/oscillator-based?
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2tenor MaryJane
2 months ago
Hi, sorry I cannot paste charts (I think, you need to be a "pro" or something, right?

The basic signals are very simple, but then I have several "additional rules" trying to skip the "weak signals".

The basic signal system, which I use to show the direction:

1) 2 h candles for DAX futures

2) IF (the candle closing now is green) AND (the SMA 3 between this closing candle and the previous one is upwards) THEN
(LONG ENTRY at the open of the next candle)

3) short vice versa, i.e. red candle and SMA 3 downwards.

I have several versions,

"A" = continuous system, until the next opposite signal, no stoploss, no target
"B" = target +60, otherwise like A (this is a bad version, I don't use this anymore)
"C", "D", and "E" with some extra rules for skipping signals where the expectation is negative.

For example now, "A" and "B" showed a long signal at 10:00 CET, but based on "C", "D", and "E", the signal is weak, so I skipped that.

In practice, I take only the direction from these signals, and then adjust entries / targets / stoplosses based on Price Action on 5 min chart.
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MaryJane 2tenor
2 months ago
oh yes, you can paste Charts....clicl the "share"-buttom below your Chart and copy it
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michisuperfreak
2 months ago
You're amazing, learning a lot from your charts!!! Thanks for your work :)
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j33per PRO
2 months ago
Mary, do you think that your point of TP represents a double top?
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MaryJane j33per
2 months ago
hi, i am sorry, my answer is late. yes, it seems so. but we have already seen a real double top @ 10.757-- the possible next double top is fitting very well to the "bigger" DT, so that my tp at the downside could really be aimed (10.111)
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MaryJane MaryJane
2 months ago
but to be a double top, dax has to trade below 10.375 (break of the ultrashortterm-uptrend
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MaryJane MaryJane
2 months ago
i mean "double top 2?"
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MaryJane MaryJane
2 months ago
no more dt...we didn`t break through 10.375 - the uptrend is still dominant
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2tenor
2 months ago
Mary, great call yesterday about the breakout-niveau test!

My system again adviced to short yesterday evening... but I closed 2/3 already yesterday, with a small loss, and the final 1/3 at the futures open today (luckily no slippage after the gap)
Got total some -0.7 R losses.

Now when the rise was so strong and my system is slow, will give the "long" signal only at 10:00 CET, the signal is very weak after the strong rise already happened - I will not take anything but will stay sidelines.
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MaryJane 2tenor
2 months ago
thx for this info
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tkarthi1
2 months ago
will it cross above 10550 or short from 10538
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EASYCHUA99
2 months ago
Hi Mary you mean buy at 10470 ,then short at 10540
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MaryJane EASYCHUA99
2 months ago
hi - i have just illustrated present supports and resists....where to enter the market depends on your personal strategy
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MaryJane EASYCHUA99
2 months ago
the countertrader would perhaps open a Long-Position at 10.470 - the bo-trader a shortposition :-)
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Krasen
2 months ago
good job, my dear!
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MaryJane Krasen
2 months ago
:-)
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BA7
2 months ago
what is possible target today?
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MaryJane BA7
2 months ago
imo we make no significant higher highs today :-) 10.540 is a strong resist. All markets are waiting for Yellen this evening...
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MaryJane MaryJane
2 months ago
between 10.540 and 10.620 is a Vakuum without any resists.....everything can happen there
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madsroland PRO MaryJane
2 months ago
Will you close your positions before Yellens talk?
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MaryJane madsroland
2 months ago