Tradingglen

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Markets Allocation
33 % indices 67 % other
Top Mentioned Symbols
DAX 33% | 1 USOIL 33% | 1 GER 33% | 1
Tradingglen Tradingglen GER30, 180, Long ,
GER30: New German Look for Feb. Zigzag pattern
221 0 3
GER30, 180 Long
New German Look for Feb. Zigzag pattern

I think i see a zigzag in the DAX. I have not traded the wave-patternsmuch, but i do my best. If any expert out there have a other view on this, please comment so i can make it better next time.

Tradingglen Tradingglen USOIL, 240,
USOIL: Looking for position to go short? lets have a look.
213 0 2
USOIL, 240
Looking for position to go short? lets have a look.

Wait for pullback. I think the oil is going lower, And why not getting some money for your wife's christmas gift? :) We wait for the price testing the trend. If it wants to go through EMA and trendline, set your entry-price (for short) at the place the price went trough the EMA. And wait wait for the price going back. We see a example at the first lightblue ...

Tradingglen Tradingglen DAX, D, Short ,
DAX: Bearish 2016 until may.
123 0 3
DAX, D Short
Bearish 2016 until may.

Could fit a ABCD pattern (maybe XABCD). And reacts well on the fib. I am short until it breaks out of the pitchfork. In my opinion it seems next year to be very bearish, if all the fundamental aspects are against us. Like a lower price on oil. If the market have a bad respond on next week news, it can get disastrous. Give me your comment on how you see 2016 :)

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