Update on October 2021 forecast. Bad stop on this one. In terms of practical trading, screwed this one up. The theoretical pattern remains in-tact. Just was a bad stop placement.
hi
deutsche bank is very good for swing playing, it is collateral, joined with EURUSD - if EUR is strong, DB goes up, if weak it goes down,
right now we have a move down, it is interesting in which direction it will go.
there is path down, look on the screen. MACD signal is weak in D frame - DAY - and below 0 going, the same on time frame Week - W - it goes...
Good morning! Here, we will have a big probability of a downtrend because we have a breakout of the vwap indicator by a big candle as you see on the chart. thanks.
Good morning! Here we are in a trading range situation as you see on the chart. We have a breakout of the support line and the vwap indicator with force by a big candle with a large volume. We will have a big probability of a downtrend.thanks.
This morning on DBK we have a very good uptrend. As we can see on the chart our buy position was confirmed by three factors which are:
- Candle with a long wick and small body;
- Breakout of the resistance line with strengh with a large volume;
- Breakout of the vwap indicator with a large volume.
Thanks...
Just to say that at the next green candle with a large volume you can close your position. Why? In effect, We are a downtrend with a succession of many reds candles so we can see on the chart. This is my suggestion for money management.....Thank you !!!!
