Forecast for Thursday 29/9/2016

FX:GER30   DAX index of German listed shares
142 0 4
5 months ago
We're arriving shortly at 10538 which is 61.8% of the down move from 10707 to 10246 and this may be significant. If a reversal signal appears we have a good chance that DAX             is going down to 10323 or even further. Otherwise we can expect to see the 10600-10700s .

Price action is everything and FIBS perhaps an annoying distraction.

Wishing you a good day's trading!
5 months ago
Trade active: 10638 hit at 6:24 this morning. Early reversal signal may have come at 20:00 last night...
5 months ago
Trade active: TP1 = 10323
TP2 = 10269
TP3 = 10191
5 months ago
Trade active: So pleased when a plan works out....!

Now watch out for price action. This could turn on a dime....

Anyways, thanks for looking at my chart and I wish you good luck tomorrow too!

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