Friday's trade is running and now would be the chance to build up a long position in the current correction with SL just below day low at least when the abc correction is over. Of course, it is possible that the abc will first complete a wave A, but this would become apparent relatively quickly and we would then have to put the SL on entrypoint of short position...
Two ideas for the Dax. One as a potential long trade. But if, contrary to expectations, there is a correction pattern, a short position should be taken from the thick red line (ii) onwards, because then 11.750 should come soon
If the Dax now marches right through, then we can take 500 points at the breakout. Or should we wait for another downmove and optimize our RRR and then we can even take 750 points more? Good question, especially since it's the third Friday of the month and in case of doubt feat that few people would consider sensational. Decision is not yet fixed but at least I...
Difficult situation, in my view, in the Dax30. Down by 1,000 points can go quickly.
DAX traders love fill gap , so put buystop on last high ,,,selllimit on gap fill price IMPORTANT SECRET = like dax in mornin open,it fill gap to yesterday close ,,,, dowjones on open in 15:30 CET ,it fill gap too (yesterday close) ,,,,it force dax pull back ,check in history chart in dow,dax (ym1!-fdax1!) example =in morning dax ,dow goes up , in 15:30 cet...
if you check dax weekly trend from 1990, you will see dax (many index like dow,sp too) main trend is + , so try be on buy trade not sell
dont judge soon , please try it 1 mounth , see its secrets,then judge after test 5000 indicator , for dax AC indicator in 30 and 240min is NO1
boys AC(accelerator indicator) in 240min and AC30 min is very very important on dax dont judge soon ,1mounth try it
still main trend is + and dax can see 13000
RESPECT MAIN BIG TREND my desktop= www.tradingview.com
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
FROM 2006 I TRADE FDAX (DAILY 8HOUR) SECRET= IN DAX , DOW , SP500 GOLD MAIN TREND(DAILY EMA200) AND AC 240 min is very very important NEVER TRADE AGAINST MAIN ,BIG TREND AND AC 240min
on dax never never trade against main trend (when dax is above EMA200 daily) so put buylimit , place = 1on gap 1on daily ema200 (and buystop on that zigzag high) for find target use TREND BASE FIBO EXTENTION(in metatrader =fibo expantion) drow it on last N shape (i draw it on time30min) main level=61-100-161% tradingview.com/chart/jtsoM2GC/
AC (accelerator occilator)is dax no1 indicator , for zigzag market like dax you must use it , you need AC ,,,when it is green in h4,only look for buy,buystop dont judje it soon , min 1 mounth work with it in 30-240 min on fdax to find its secret
put sell stop below 15min low ,2 buylimit on EMA200 daily and black trend , sl=40 my desktop= www.tradingview.com Note=for use fdax no delay,in symbol box write GER30 then press inter
The market goes back down but two major resistance could limit the fall. And don ‘t forget to take your profits…