dowcharting
Long

DAX 07 oct daily analyses

FX:GER30   DAX index of German listed shares
235 5 6
Be carefull today folks, if we see selling at the start this will be a devious beartrap....dont fall for it

we have the room, so be patient, observe and then act on what you see...dont try to gamble on this one
I missed the DAX opening falling wave, was there any signal that I didn't spot (from 10570 to 10480)

I also missed the up wave just now from 10485 to 10580. was there any signal because I didn't see any pin bar or double bottom? was there any signal I missed ?

Thank you very much

Dave
Reply
Hi I missed the opening falling wave this morning 07/10/16 for the DAX, was there a signal before that (10570 to 10480)?

I also missed the up wave just now from 10485 to 10580. was there any signal because I didn't see any pin bar or double bottom? was there any signal I missed ?

Thank you very much

Dave
Reply
dowcharting mosquiteki
dont be worried about that mosquiteki, the first drop was indeed technical, you missed that one...but the second move up was just traders picking up the lows. Could have happened anywhere.

Remember this is a normal bullish market but we have room for normal profit takings, So this will happen a lot today.

Also keep in mind that this is a VERY difficult market at the moment, if you miss on a trade there is nothing to worry about. Many out there got killed this week. You are better of missing a trade than whiping your account.
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mosquiteki dowcharting
how is it technical, could you please point out some signal there?
Reply
dowcharting mosquiteki
check out the dow analyses on the site, that shows it better, or ask me in the tradingroom, then I'll draw out the technical pattern for you if you aks me in direct chat, (you got an invite in your mail), I cannot post charts here
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