#FDAX It is Just a Bullish Idea, you have to check the Trend-Line, if it break down the line made idea for the time being not valid. you have to be responsible for your trading decision.. Good Luck.
The range 12,850-12,860 should be magnetically attractive. Is this where the trend reversal and thus the end of wave 2 takes place, or has the air gone out of the market and market participants are securing their profits before the US election (in 2 months) and are switching to cash, gold, commodities or ...? Greetings from Hannover Stefan Bode
SHORT FDAX1! ENTRY LEVEL 1 @ 12923 SL @ 12990 TP @ 12550 RR5.56 Risk 0.5% ENTRY LEVEL 2 @ 12948 SL @ 12990 TP @ 12550 RR9.47 Risk 0.5% ENTRY LEVEL 3 @ 12964 SL @ 12990 TP @ 12550 RR15.92 Risk 0.5% (SELL ORDER ACTIVE 17/08/2020 : ENTRY LEVEL 1 ENTRY LEVEL 2)
After the whole cycle of waves has been completed, it seems that wave 5 is now over. This will result in a short opportunity for Dax
SHORT FDAX1! ENTRY LEVEL 1 @ 13150 SL @ 13230 TP @ 12925 RR2.81 Risk 1% ENTRY LEVEL 2 @ 13185 SL @ 13230 TP @ 12925 RR3.25 Risk 1% PIVOT @ 12925 BUY FDAX1! ENTRY LEVEL 1 @ 12925 SL @ 12845 TP @ 13150 RR2.81 Risk 1%
SHORT FDAX1! ENTRY LEVEL 1 @ 13150 SL @ 13230 TP @ 12930 RR2.75 Risk 1% ENTRY LEVEL 2 @ 13185 SL @ 13230 TP @ 12930 RR3.18 Risk 1% PIVOT @ 12925 BUY FDAX1! ENTRY LEVEL 1 @ 12930 SL @ 12850 TP @ 13150 RR2.75 Risk 1%
BUY FDAX1! ENTRY LEVEL 1 @ 12680 SL @ 12500 TP1 @ 12990 RR1.72 TP2 @ 13065 RR2.14 TP3 @ 13225 RR3.03 TP4 @ 13305 RR3.47 Risk 1% ENTRY LEVEL 2 @ 12600 SL @ 12500 TP1 @ 12990 RR3.90 TP2 @ 13065 RR4.65 TP3 @ 13225 RR6.25 TP4 @ 13305 RR7.05 Risk 1%
SHORT FDAX1! ENTRY LEVEL 1 @ 12920 SL @ 13000 TP1 @ 12735 RR2.31 TP2 @ 12545 RR4.68 Risk 1% PIVOT @ 12730 If breakout and retest : ENTRY LEVEL 2 @ 12730 SL @ 12810 TP @ 12545 RR3.90 If not reverse : BUY Level 1 @ 12730 SL @ 12650 TP @ 12920 RR2.37 Risk 1%
We are in a very important point that can reverse the market, Please share with me your thoughts, kind regards,
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 :)
1. short --> 2. long One low left and than a closing above 13.000?
THe question is, which move next. For me more propably is break down, but still need to wait of comfir.
Dax is in a ranging market at the moment, We can see that clearly, depending on how this market moves we could see a breakout above the top resistance or we could see a continuation of the range. If it breaks out i will wait for a retest tomorrow, if it doesn't i will be looking to short depending on price action.
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...
Hello guys, 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! John FINEIGHT Team
If a second leg lower after the drop from 12900 is to occur - the DAX sits in the 'hot spot' between a 50% and 2/3rds retracement of the 1st decline
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...