Hello to all who watch my charts. I brought you here my trading journal in the DAX of the last weeks. Timeframe is the 1 HR chart. We had a long signal until 27.3. 9:00 clock german time then we got a short signal at 11714 After that we were short to the ground at about 11370. (Difference about 340 points) So the signal turned on Long at 11370. Since then,...
Hello to all who watch my charts. For days DAX is in an upward movement and in a fairly wide Long channel. As you can see, the distance to the lower channel band is quite large. It currently runs at about 11860 and that is a good 120 points below today's closing price. In addition, we are at a round number Having arrived at 12000, that has always shown the...
Watch price action before taking a tradeWatch price action before taking a trade!
That fib levels have been drew on 1 month tf, we been rejected at fib 50 that one sign of the sell, Then we see that possible blue lines are making wedge where we almost tested bottom of it with those two Black lines called bear flag on 4h, right now I see only one way how this could be wrong, that bottom red and upper blue line are making simple chanel, and we...
The DAX index has hit daily resistance at 11,48x and will continue down for the time being. I've seen a lot of chatter about the coorelation between AUDUSD and DAX and I have to agree that it follows it by +/- 60 days. If I continue to use this theory as a basis for my trate, we should see DAX shave off around 1,000 points in the next week.
If you like my work and set-ups please support me with a LIKE, thanks! Details about me in my signature. GER30 (DAX30) - SELL Set-up Order Type - Aggressive Aggressive Entry @ Market Price (approx. 11400.00) Moderate Entry @ 11600.00 Conservative Entry @ 11750.00 SL 1 @ 11520.00 SL 2 @ 11720.00 SL 3 @ 11850.00 TP 1 @ 11250.00 TP 2 @ 11000.00 TP 3 @...
Formazione di un ABCD pattern sul dax entrata short al livello di D
Hello to all who watch my charts. Who my idea Dax Short from 21.3. followed (fall down out of the the Long Channel in PINK) is now already 300 Dax point forward. But as soon as we have reached a point at which a small bottom formation is emerging today. In the area around 11300 to 11330, DAX DEU30 has today stopped its downward trend several times. We have to...
Hello to all who watch my charts. In the Dax DEU 30 we have a short situation since yesterday. As I posted Dax was allowed to fall to the lower line of the Long Channel. But not below. Yesterday it dropped significantly below and there is now a short channel formed, which I have marked in purple. I've simplified the chart image a little and a few...
Really want to short this one around 11680-11700 Could fall really good
Hello to all who follow my charts. The Dax runs exactly in the long trend channel up I have drawn I marked it red again so that he is better to see. The dax today has 2 new resistance lines taken out of his way, which I have now marked as support in blue. These are the two upper skewed straight lines at about 11775 (current state) So he has continued to...
Clear D1 Ger30 sell opportunity. We haven't yet solved Brexit :D We buy long bad economy data :D April Option Interest is in focus of 11.420 :D RSI D1 clear overbought sign :D What is here going on? Algos doing crap again. This runs on steroids. Don't get trappet. Target: 1 11680 Target: 2 11450
Dax is going straight on in the long setup run The trade setup is exactly as in my last DAX post We are in a long swing here as described What is new: We have a long setup now in a establisehd long CHANNEL ! I have marked them in red color. As far as DAX is trading in these long channel all long positions shold be save Even if Dax tumples out of the...
As described the days before DAX has made a new Long setup verify to see at the new red marked trendline long For the next trading day: If Dax can not hold the strong long setup there is a blue marked long support line below where Dax could hold and stay in long If these trendline also breaks there is the big support ( have colored in black) at around...
Dax today has not his strongest day. Starts with a big jump and starts exact as the resistance at 11615 hat a little bit resistance here i call this to 111620 and than a direct fall to our well known long trendline we have seen now many days in Dax chart. I have marked them in purple. From these support DAX could bounce back a little at the end of the...