I think we started a correction on DAX that I view as a wave 4 of a larger degree that could lead a move to the 14700 area.
From our top down analysis we can see that DAX is a strong bearish as all directional timeframes confirmed that for us, and also looking into the cot report we can notice that the longs contracts are closed and only shorts are opened for our second confirmation of short.
i will go over how I can apply smc to any trading symbol out there. Ger30 aka DAX40 as well will be given a tutooorial and walkthrough on how this trade go executed and how it played out for the next few weeks for the market.
Some pre market commentary, SPX - expecting a bear trap after open, then higher. Wheat may be affected by the hurricane in Florida, Bonds hit an important fib extension, Gold looks promising if it can get over 1675 resistance, DXY also looks like it may pullback - BTC could still move to lower 18000 area before a move up (would align with one more low in equities)...
I forgot wheat - still looks fine for bulls. All in the video, expecting a pump up today and then further selling to 3700. Sentiment is extremely bearish and so with the technicals I'm watching I'm expecting a rally sooner rather than later. OIL looks good for a nice swing up, Gold as well, Bonds may have a breakout on TLT, but we need to see follow through -...
An overview of the markets I often cover. Dollar should pull back lifting just about everything, Wheat may have to retest 800, Bonds ABC continues to 120's, Dax (germany index) looks interesting at support and may be hinting at a larger bounce in world markets. Good luck!
Hey Guys, So with the Ger30 there is some need for correction. The 4hr had a bearish impulse from 13520 area all the way to where it is now 12760, the market is due for some correction. Impulse, correction/pullback, trade....market moves this way most times. Also note Ger30 has a gap down from 12920- 12880 from Asian session Thursday night that has yet to...
Hi, and welcome to Friday's update. In today's video, we are focusing on the GER30 daily chart. Price action and the OBV indicator are starting to show signs that sellers could be gaining short-term control over the market. Looking at price we can see that buyers made a failed breakout attempt, and sellers came in strong on the next session with an engulfing...
All information provided in the video. Please feel free to comment and share your thoughts Thank you and trade safe
Following the Footprint of the Algorithm , price taking buy side liquidity and smart money selling into sell side liquidity
Is there any way to override the indicator drawings when zooming in? Instead of zooming into the candles they are stretched wide due to a compression effect from the indicator rectangles. This issue is not only limited to this indicator.
Hey Traders and Happy Monday! In todays post on our Tradingview channel talk about the importance of the 3 main levels we focus on, which are, VWAP Daily high Daily low Based on what happens at these levels we usually take big action! The video explains more. Enjoy and see you tomorrow! #support #resistance #keylevel
A short video explaining a recent position and the reasoning behind a 1R target and the concept of filling the range. Will be looking to do some free streams where people can ask questions.
Hey Traders! In this video we talk about Post Trade Analysis which we believe it probably the best way to develop your trading skills, trading system and general instinct of trading. Today we traded the DAX for 2 hours with complete focus, focus is a vital requirement for trading success as it allows you to be present and disciplined to follow your trading rules...
Hey Traders! In todays morning video we go over how you can become more lucky in trading by following 3 basic tips! We hope you enjoy the video, later today we will release a longer video explaining how we use the VWAP and Anchored VWAP indicators here on trading view to spot excellent support/resistance levels and trade with momentum or ranges! Happy trading...
There is a way. It’s going to be a ball ache depending on how many times to have to repeat it. 1) Scroll the chart all the way back to the start of the data on the time frame you want. 2) Select Replay and click the "earliest" candle. This will load the previous candles. 3) Scroll the chart all the way back to the start of the data. Select the Jump to candle...
What's going on everyone :) I hope you have a fantastic week and are ready to crush the markets!
weekly analysis for the week starting from 13-17/06/2022