MaryJane

Interesting Constellation: DoubleTop&Bearish wedge vs. Breakout

FX:GER30   DAX index of German listed shares
1455 19 40
2 months ago
Interesting playground for shorties: Fixing the present Level has a very nice Chance-risk-Ratio with a stopp near above todays top (for example 10.700)
The Patient cyclical Trader would prefer the BO.
The longterm buying-Trigger is still 10.800!

Midterm Buy Trigger = 10.800
2 months ago
Comment: wedge triggered
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2 months ago
Comment: ok ok - understood!
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2 months ago
Comment: In the hourly Chart NOTHING happened! A nice buying-candle appears!
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2 months ago
Comment: Have we seen a false breakout / beartrap?
2 months ago
Comment: buying candle! oh yes!
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2 months ago
Comment: No more danger of the wedge, no more danger of the possible double top! now 10.800 can be aimed!
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2 months ago
Comment: oh oh...now an ugly selling candle????
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2 months ago
Comment:
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a month ago
Comment: and here is the BO!
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a month ago
Comment: Time to short it (scalp)?
a month ago
Comment:
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a month ago
Comment: next flag ?
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a month ago
Comment:
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a month ago
Comment:
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a month ago
Comment: ?
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a month ago
Comment: wedge triggered..
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a month ago
Comment: ~ 10.800 is still THE LEVEl TO WATCH for further Longs
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EASYCHUA99
2 months ago
Hi Mary ,
Today DAX look weak but strong still support at 10660 above,
I have just stay side line and wait for two report today
1.) EUR Deposit Facility Rate
2.) Interest Rate Decision (Oct)
Forecast Same no change
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MaryJane EASYCHUA99
2 months ago
that sounds great :-)
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EASYCHUA99
2 months ago
breakout 10715
VS 10580
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sunnymudhar PRO
2 months ago
Massive bear trap!!
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EASYCHUA99
2 months ago
Hi Mary
yes breakout 10749 look wake but strong
If today Dax Can hold tie above 10715 tomorrow look for 10750 then 10800
may be back to 10680
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MaryJane EASYCHUA99
2 months ago
I don`t exspect Prices above 10.800 this week
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j33per PRO
2 months ago
Indeed a very interesting hour candle forming with 17 minutes to go... Would be interested in your opinion once it's formed Mary.
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MaryJane j33per
2 months ago
it is very very dissapointing...it seems like the next wasted opportunity of the bulls
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EASYCHUA99
2 months ago
now DAX look wake , but still strong can hold above 10660
I have close all my Long for today .
Buy again wake tomorrow

Q3 company result time Wall street and DAX will not drop much
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EASYCHUA99
2 months ago
Good Morning Mary,

Today is Friday . DAX breaking 10740 and stay above 10700 , open Market may Pullback to 10650 -then if can brake out 10750 ... Next week we can see 10800
But a lots of shortlist will come in .
but due to company report Q3 time will not drop below 10600

DAX Look wake ... but strong >>>>>>....10800
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EASYCHUA99
2 months ago
Hi Mary ,

Today Dax look wake the correction is need 10680 , befor can Fly higher 10750
May be due to Friday week end ahead
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EASYCHUA99
a month ago
Hi Mary,

Today they are three report show better then Forecast, DAX got support breakout or Time to short. nut tonight wall street open gap up
Dax will follow 10850 , before correction back to 10780 ?

1.) German Composite PMI (Oct) Actual: 55.1 Forecast: 53.3
2.)German Manufacturing PMI (Oct) Actual: 55.1 Forecast:54.3
3.)German Services PMI (Oct) Actual: 54.1 Forecast:51.5
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EASYCHUA99
a month ago
Hi Mary
Today they are report support DAX to go higher 10830 ,
But current is over bought ,correction is needed
short 10780-10750

German Business Expectations (Oct) Actual: 106.1 Forecast: 104.5
German Current Assessment (Oct) 115.0 Actual: 114.9 Forecast: 114.7
German Ifo Business Climate Index (Oct) Actual: 110.5 Forecast: 109.5
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MaryJane EASYCHUA99
a month ago
thx for the infos
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EASYCHUA99
a month ago
Hi Mary ,
Alot people wait to short Dax

Higher for Today may be 10830 -10855
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EASYCHUA99
a month ago
Hi Mary ,
Today Deutsche Bank Posts Surprise Profit on Trading Jump, Cost Drop
Net income was 256 million euros ($279 million) compared with a 6.01 billion-euro loss a year earlier, Deutsche Bank said in a statement from Frankfurt on Thursday. Fourteen analysts surveyed by Bloomberg News forecast a loss of 394 million euros on average. Trading revenue rose 10 percent, driven by debt and currencies, the lender’s biggest source of income, also beating estimates.
Cryan, 55, has struggled to stem a slide in shares and maintain client confidence after the U.S. Department of Justice’s requested $14 billion to settle a probe into faulty securities. Some investors have called for deeper cost cuts amid concern that the lender will have to raise capital even after eliminating thousands of jobs as part of an overhaul announced last year.

http://www.bloomberg.com/news/articles/2016-10-27/deutsche-bank-posts-unexpected-profit-on-lower-overhaul-costs

But still alot waiting to short at higher above 10750
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EASYCHUA99
a month ago
Good Morning Mary,

Today DAX look wake , alot shortlist , from lst week 10800 ++ drop to 10717 YESTERDAY , Today again open market short again to 10578.

technical look wake but strong , but now still can support 10640 , Bear and bull still Fighting

But today id Friday may close lower
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EASYCHUA99
a month ago
Hi Mary .
The Dax over sold ?


Hillary Clinton win , All market Fly up , Dax will back to 10600

But during US election market volatility.
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EASYCHUA99
a month ago
Hi Morning Mary,

Trump win the US presidential.
Dax now drop 4% .
can buy now ? Lower ?
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