Kumowizard
Short

DAX - Update - Alert! 4 hrs reversal signal arrived!

FX:GER30   DAX index of German listed shares
33 3 0
Please ignore this chart, sent by mistake from iPad. I refresh and resend it in a minute!

Please check the full post at:
DAX - Update - Alert! 4 hrs reversal signal arrived!


and if the ECB announces significant QE, the DAX is just gonna rocket skyhigh, the ichimoku having indicated nothing of the sort before the event. just great.
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Do you think ECB will ever do QE? Well I don't know. Actually no one knows. They don't know either :-). My bet is that they will not even cut the rate this week, but this is just a guess. And if they don't deploy QE? What will the reaction be?
You know charts show one thing: psychology, greed and fear, so px action. They never indicate any fundamental changes in advance. Changes in fundamentals happen from one second to the other and px reacts to those, according to previous positionning, etc.
Btw, please ignore this chart, I posted it again:
DAX - Update - Alert! 4 hrs reversal signal arrived!
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Good morning Trader !
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