In this update we review the recent price action in the DAX futures contract and identify the next high probability trading opportunity and price objectives to target
In this update we review the DAX futures contract Gap Fill trade strategy and identify the next high probability trading opportunity and price objectives to target
In this update we review the recent price action in the DAX futures contract and update our trade strategy for the Gap Fill Objective
It's all CHOP CHOP CHOP with DAX for the last 3 days. Unless one of the levels 13140 or 13290 are broken with confidence, it's going to be like this till FOMC tomorrow I have observed this behaviour in all the assets when they get close to Brown top levels. DAX is near Brown level B at 13440. Yesterday's levels are still in play i.e. Blue B and Brown...
Quite frankly I'm bearish on Europe fundamentals but the market has sown strength even while US tech stocks tank. We haven;t seen a huge gap down because Europe wants to go up. Anyways, plotted the bull scenario. The bear scenario is obviously a tank, lol. For whatever reason, having no natural gas is bullish for them? LOL.
Probably should've looked at this before close, MFI and RSI overbought and ECB meeting is Thu. Definitely not holding any long positions tomorrow night, might even hold some calls Wed night for the dip on Thu
In this update we review the recent price action in the German DAX futures contract and identify the next high probability trading opportunity and price objectives tot arget
Looks like it bounced off my blue line. I think a gap up is more probable for tomorrow then down. I love my "random" lines.
Hit my bottom channel line, indicators are not quite oversold, but I think it hits it and reverses either tomorrow morning or Monday. Gap direction can go either way but bullish for next week.
Looks to me like it wants to go oversold before the bounce. Which means it'll bounce right during earnings season next week. Expect a whipsaw week I guess.
Gap direction tomorrow is very unclear, could go either way
In this update we review the recent price action in the DAX futures contract and identify the next high probability trading pattern and price objectives to target
never remove SL , if dax break low can crash to 12000 good luck , if you have old buy , 100% put hedge sellstop in low ALERT= dax love buy and +up trend , so when it go up , dont pick reverse sell , instead looking for buy in deep , in my idea +up trend will start sooon for inter posation wait OK VERFY COMES = pinbar in 60-240-daily chart , then pick buy (or sell)
In this update we review the recent price action in the DAX futures contract and update the long trade strategy and price objectives in play
put sellstop in low (buystop on friday high) is good idea but low size (SL= last high/low) , if low break dax can crash to 12000 area AC indicator on 4hour going to red,sell if low not break , looking for buy is good idea but with SL in low if you have old buy put hedge sellstop in low (5-6 point under low) note = try hold your buy until 14000(fibo...
dax fill gap now , now it is in buy area(above green arrow) , we can looking for buy now , we must wait OK verfy comes then pick buy (very low size) try hold it until 15000 OK = buy pinbar on 1hour, 4hour ,or daily chart appear or last upper trendline break by price in 5min chart if you have buy , dont fear , be patient ( why you dont put SL in 4 hour last...