GER40 - Intraday - We look to Buy at 13231 (stop at 13149) The bullish engulfing candle on the weekly chart the positive for sentiment. Our short term bias remains positive. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. 20 4hour EMA is at 13229. Our profit targets will be 13439...
DAX Weekly Volatility Forecast 31/10 - 04/11 2022 Currently the volatility for this week is around 3.82% , up from expected 2.7% last week. According to ATR calculation, currently the volatility is located around 50th percentile. Under this circumstances the expected movement of the candle is : BEAR : 2.49% from the opening point of the weekly candle BULL :...
GER40 - 12h expiry - We look to Buy at 13172 (stop at 13089) Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. There is no clear indication that the upward move is coming to an end. We look for a temporary move lower. We look to buy dips. 20 4hour EMA is at 13172. Our profit...
DAX Weekly Volatility Forecast 17-21 October 2022 We can see that currently the volatility is around 4.14%, falling from 4.33% of the last week. At the same time, its currently place on the 85th percentile based on the ATR calculations. With this in mind, around this percentile, we can expect an average weekly movement from the open price of the candle of: In...
GER40 - Intraday - We look to Sell a break of 12389 (stop at 12471) Daily signals are bearish. Short term momentum is bearish. Short term MACD has turned negative. 50 4hour EMA is at 12406. A break of yesterdays low would confirm bearish momentum. Our profit targets will be 12191 and 12131 Resistance: 12500 / 12600 / 12700 Support: 12400 / 12300 /...
GER40 - Intraday expiry 9PM UK - We look to Buy a break of 12353 (stop at 12269) We are trading at oversold extremes. A break of the recent high at 12350 should result in a further move higher. A higher correction is expected. Early pessimism is likely to lead to losses although extended attempts lower are expected to fail. Our profit targets will be 12558...
GER40 - Intraday - We look to Buy at 13185 (stop at 13109) Short term bias has turned positive. We look to buy dips. 20 4hour EMA is at 13185. A lower correction is expected. Our profit targets will be 13368 and 13408 Resistance: 13400 / 13450 / 13500 Support: 13300 / 13200 / 13100 Risk Disclaimer The trade ideas beyond this page are for informational...
Happy Monday, Happy New Week, Dax is now negotiating 50 DMA @ 13182. Now we are reaching a major infliction zone from 13300 to 440. The floor is still fragile at 13k Macro EU ECB De Guindos & Schnabel speeches Buy Break: 13 203, 269, 323 Reversal: 13 154, 096, 034, 12 964, 915, 848 Sell Break: 13 164, 108, 041, 12 974 Reversal: 13 215, 276,...
Trade Idea: Selling DAX Reasoning: Selling the top of the short term range on DAX. Entry Level: 12905 Take Profit Level: 12594 Stop Loss: 13012 Risk/Reward: 2.72:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical...
Happy Wednesday, We are in bataille royale now - 12600 to 13k. Whoever crosses the line first wins in whichever direction. Mind the gap - 90 pts lower open overnight so it can go to 12810 first to bridge the gap. Levels to watch on upside are 12 767, 881, 974, 13 088 Levels to watch on the downside are 12 724, 674, 561, 474, 416 Macro GB BOE MP Report,...
Happy Tuesday, Happy PMI Day, Line in the sand for DAX is 12817 but it is dealing with all important levels of market structure between August low of 702 & close of 817. A decisive move breaking of one of the levels and then continuing will set the direction. Levels to watch today are 442, 677, 940 & 991 Macro US S&P PMI, ISM Employment Index, New Orders...
Happy Monday, Happy New Week, Trading may remain thin post London open due to Labor Day holiday in the US. So get ready for erratic price action on already very thin volumes. We are an inflection point. DAX now has more hoops to jump going up than going down. Level to watch are 12 688, 702, 818 on the upside for bullish indication. Break of 12 600, 560 & 442...
New York market closed today but the German market is possibly in crash mode. Macroeconomic issues are weighing heavily as are energy commodity costs. Will this impact the US markets ? Please offer your opinion
Happy Friday, Happy NFP Day, Bold prediction: if DAX crosses 12587 & goes below 12352, it will break 12k and we will be going back to bear market Today we are likely to push back above 860 to close the week with a reversal candle. Move towards 598 & break of that will attract it to 376 & onwards Macro US Avg Hourly Earnings, Labor Force Participation, NFP ...
Happy September, Happy Thursday, DAX will cause some serious damage if it loses 12702 & 12677. The next level will be 12442 followed by 12323 On the upside, it is now firmly capped at 13k as bears now taking the charge. I am making a bold prediction here - the probability of 9943 followed by 9370 has gone up significantly If you are thinking of buying the dip...
Trade Idea: Selling DAX Reasoning: Global indices underpressure Entry Level: 12673 Take Profit Level: 12396 Stop Loss: 12787 Risk/Reward: 2.43:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like...
Happy New Week, Happy Monday, DAX has broken 13K and got itself in some trouble here. 12675 & 11895 are two very important levels to watch. Bulls need to bring it back above 13440 & 14085 to get back the control. Overnight drop in Dax has shown continuous selling pressure which is not good for bulls, going into another vital week with month end falling right in...
Happy Friday, Are you ready to rock & roll!!!??? Today may turn out to be when either bulls or bears finally find their way. The tug of war may end today with JP's speech at JH Symposium at 3 pm London time. DAX30 is hanging on to dear life at 13300. Bulls need to move above 13360 creating HL/HH. If DAX40 moves there, watch out for strong reaction at 13440. On...