The price of the DAX Index is trading since the start of November in a range between 12910 reaching peak of 13370 on the 19 of Nov. The Price almost reached the 0.236 Fib Retracement on the 3rd of December and it seems that it got frontrunned and bounced of it. Placing price action at the start of the week almost exactly in the middle of the range. Daily...
With the economic calendar being thin into the start of the week, today we will look at the DAX30 CFD from a technical perspective. After the drop below 13,000 points in the first half of last week, the German index recovered slightly into the weekly close. However, the bears have the advantage on their side as long as we trade below 13,180/200 points. Below...
Beta-R:Journal. Risk Management: Compound .Level : PA . Time: Short-term - Intermediate . This is just my view follow if it aligns with yours. Ideas are not repeated rather updated.Projections may be subject to failure.
Immediate short on DAX makes sense if you look at it on a weekly basis there is reversal structure forming at the current price, the long wicked dojis and red candle pinbars are associated with a move lower. The volume is accumulating for a slight retrace as the DAX cannot catch up to the US equities at all-time highs. The retrace is still the previous broken...
The Dax has recently played off of our short level the endless rotation at the 13305 was the indication that there is a stall in momentum from the upside. Meaning we could see a retrace. It's not as strong as the US equities due to the European economy, German economy and the monetary policy. We are watching the retrace into the 12880 support as the first pitstop...
Trade in chart Dax below sideways trend Dax broke uptrend trend Dax doing a small retrace
Hi, Servus, Grüezi and Moin, Moin, something really crazy today - a Dax "Intermezzo-short". The last actions at the Dax were almost completely long and filled the account very well. Now I think the time has come for an "Intermezzo-short" with RRR of over 8 to 1. I like to bet a few of the last winnings on RED candles. My tradingplan: Short-entry 13.227 SL:...
Beta-R :Journal. Risk Management: Compound .Level : PA . Time: Short-term - Intermediate . This is just my view follow if it aligns with yours. Ideas are not repeated rather updated.Projections may be subject to failure.
I've predicted that the index will trail back down to the 13,260s where it will find some support before dropping down to the target short exit of 13,150s. There it will either break support again and continue on a downward trajectory to at least 12900s and possibly lower. Short at (or around) 13,300 and enjoy the ride. Currently short w/ 3 lots between 13,250...
hello to all watching my charts Dax is now Short since 9.00 German Time 8.11. Cause its traded below my red Line. here to check in my favourite Chart Style RENKO RENKO Good trades. if you want to support my work, please like them My analyes here are all NOT a request to buy or sell seomething. Allways do you own research. Renkotrade
Dax30 after AB=CD and on Trendline, that easily can be a false break.
After the FED cut by 25 basis points last Wednesday, along with stating that the US central bank will act in a more data-dependent way regarding future monetary policy decisions, the ISM Manufacturing PMI printed at 48.3 points for October, rising slightly from a decade-low of 47.8 points, but still missing market expectations of 48.9 points, keeping near-term...
Trade on chart Price failed to break resistence Did the retouch failed to break it again Entry point purple TP golden line SL above the 13000 line Enjoy!
Hello to all watching my charts. As a lot of yours wanted to get from me information about Risk/Reward trades i will try it here in Dax as sample. New Long has been the Mode after the break of last resistance at 12914. Target has been the old high 12975 which has been reachin during the trading day. RRR = 2.55 Good trades. if you want to support my work,...
Hello to all watching my charts. Dax is since the decision level break and break of 12885 short I have shown you the levels again in the chart. The short run has now increased... Good trades If you want to support my work , please be so kind and like them - My posts are not and advice to buy or sell something always do your own research - Renkotrade ----------