That was an unexpected bullish move from Dax today. Has broken every resistance set. may continue to go on an upswing but setting my position now to cash in some pips later in the day when trend reverses. Let's see how this day rolls :)
Back from my two-day training seminar (trading/investing) and a big applause to the eager participants. It was a lot of fun again, even if it was certainly a lot of input for you and the heads smoked.
You are perfect and you will rock the show in the next months and years.
But now - Mr. Dax.
There are signs of a possible trend reversal and I want to be prepared...
the price on EUREX:FDAX1! is resting within quite a small trading range. Generally, the longer the price rests, the more volatility we can expect after breakout.
So, what are my expectations here and what am I looking for? Check in the video! :-)
Have a nice day!
Today's triple witching day can be volatile, so here are my variations.
If Dax no longer reach 12,486, I still expect another downward movement.
Bearish price targets would be at 11,763 points and 11,305 points.
Therefore, 12.486 should be seen as a StopLoss mark.
My goal is to set SL on entry point because a reversal of the trend could also take place in the...
The Dax has not yet finished its upmove, but broken out of small triangle with a classic retest. Dax should not touch 12,768 level, so I expect a further downward movement.
Bearish price targets would be 11,763 points and 11,305 points.
For the rest of the tradingplan, the 10,825 points should not be touched again.
Good trading day to you.
yesterday sellers took over EUREX:FDAX1! and we got through another zone.
Since the open, price is being pushed lower and I am looking for a short opportunity right now. We are getting closer to the bottom of the large trading range so let's see what the market is going to bring us. ;-)
Have a nice day!
In my analysis that I published earlier, I frequently emphasized the possibility of seeing a strong sales wave in the markets on a global scale, in this context, I think that there can be a structure in #DAX index as I mentioned in the chart..
The chart is weekly, it should be followed in the long run; Price movements in time may not correspond exactly as I...