Halloween season is on, but nothing spooky for the DAX! We expect a correction shortly and new all-time highs above 16024 points. However, the course should not drop below 14795 points. Candy time!
wait for around 15620 for buy and hold (germany GDP forecast comes very bad , link below) www.forexfactory.com
GER40 - Intraday - We look to Sell a break of 15389 (stop at 15454) Daily signals are mildly bearish. We are trading at overbought extremes. Trend line support is located at 15460. The previous swing low is located at 15390. 50 4hour EMA is at 15420. 20 1day EMA is at 15400. A break of yesterdays low would confirm bearish momentum. Our profit targets...
GER40 - Intraday - We look to Buy at 15522 (stop at 15454) Daily signals are mildly bullish. Dips continue to attract buyers. Short term bias has turned positive. 20 4hour EMA is at 15520. We look to buy dips. Our profit targets will be 15709 and 15729 Resistance: 15600 / 15650 / 15700 Support: 15550 / 15500 / 15450
GER40 - Intraday - We look to Sell a break of 15398 (stop at 15461) Trend line resistance is located at 15530. Offers ample risk/reward to sell at the market. Daily signals are bearish. Bearish divergence is expected to cap gains. A higher correction is expected. Our profit targets will be 15224 and 15204 Resistance: 15530 / 15600 / 15650 Support: 15500...
n the dax we have an impulse to the upside my bias on the price going up is because i see a continuation pattern to the upside with 3 clear touches and a key area that price was respecting as a support to the upside.
put buystop on high is very good idea , if dax break high , can start new + trend earning news ( like Tesla) comes very good ,it can push dax to 16000 even 16300 (fibo 161%) advice dont pick sell signals until 16000 , sell now is very very risky,each second dax can fly up
All in short :) This is the same situation as last year.
Dax as reached the top of the downtrend channel. Sell at the top for a new lower low Trade on chart Cheers
Hello traders, Oil is a very interesting pair at the moment because there is a massive chance that we are going to make a big bull move. As oil is pretty volitile it will be a matter of time before we explode. We are going to watch the pair closely and have the entry like shown. Have a good week!
DAX30 will complete the setup for those 2 channels. Buying could be an option. PPPDirhams. Disclaimer: This is just my idea. Am not liable for the end results if adapted by anyone. Trade cautiously as there are chances that you will lose your investment..
GER40 - Intraday - We look to Buy a break of 15471 (stop at 15414) Expect trading to remain mixed and volatile. There is no clear indication that the upward move is coming to an end. The trend of lower highs is located at 15650. We look for a temporary move higher. Our profit targets will be 15638 and 15658 Resistance: 15450 / 15500 / 15550 Support: 15400...
GER40 - Intraday - We look to Sell a break of 14998 (stop at 15059) Daily signals are mildly bearish. Our short term bias remains negative. Pivot support is at 15015. Trading close to the psychological 15000 level. A break of bespoke support at 15000, and the move lower is already underway. We look for losses to be extended today. Our profit targets will...
GER40 - Intraday - We look to Sell a break of 14977 (stop at 15036) Daily signals are mildly bearish. Our short term bias remains negative. Pivot support is at 14979. Trading close to the psychological 15000 level. A break of bespoke support at 15000, and the move lower is already underway. Trades with a bearish descending triangle formation. Our profit...
#Update - We are testing todays upper #Bouhmidi-Band in $DAX:
DAX will continue with its bearish trend. We have a gap which I believe will be closed when we are in a bearish trend. What do you guys believe?
#DAX40 - After testing 2nd #Bouhmidi-Band we found a intraday bottom and reverse long heading to 15k. Check my trade and update.
FX:GER30 If you are interested, wait until price gets into the yellow box. Then open your trade using proper risk management. PPPDirhams. Disclaimer: This is just my idea. Am not liable for the end results if adapted by anyone. Trade cautiously as there are chances that you will lose your investment..