Today’s trading idea is coming from the German index- DAX. During the day it sold off down to the closest intraday support at 12075. Buyers supported the price and it shot up to over 12175. This left a daily bearish rejection on the chart of this index. The daily candle is a pin bar and it seems logical that the next move will be up. Based on today’s activity, my...
It starts to show it true intention after whipping traders out. going back to 11900 is very likely. Trade Safe. s0nic
SHORT @ Xetra Open - Stop Loss 0,9% - Close = Xetra Close
Long @Xetra Open - Stop Loss = 0,9% Happy Trading
So now we are going down till 11700/600 i think and than up one time. So look at your plan and good luck.
Wee need to kiss the upper border of the channel. Or maybe we already kissed? Easy kiss.)) Let`s see. I still long for DAX.
The False Breakout that the DAX made few weeks ago when he declined below a daily uptrend line and immediately climbed back above signaled the bulls to come back... Last week we saw the bulls pushing the price back up from the Fast MA line - The bullish trend is still strong. The price is about 2% away from the completion of a weekly Bat pattern near the...
Clearly it is, but depends on whether it's now consolidating.
#DAX #SELL 11800 Final TP 500 pip TP each 100 pip SL 120 pips KEEP M.M. G. LUCK
~ Hourly diamond formation on the german DAX. The daily trend is upwards, climbing to the top of a canal. I will wait for the breakout though as any good trader would, and would indicatively state 11960 as a target if bull breakout, and 11540 if bearish breakout. Cheers ;)
* * * news from today * * * IT COMES A NEW ELECTED PRÄSIDENT (possible favorite Mr. Steinmeier) FOR GERMANY. check the LONG-BUY opening betweeen the lines above and fallow all day long an upward trend. so that just make a BUY-order. ---------------------------------------------------------------------------------------------------------- ATTENTION! this is a...
DAX is testing a broken uptrend line (as resistance). With structure, broken trend line, 2 MA lines and minor downtrend line - 11,600-11,650 makes a potential Sell Zone 11,500 and 11,450 are the short term target zones