Tradingglen

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Markets Allocation
25 % indices 75 % other
Top Mentioned Symbols
GER 25% | 1 USOIL 25% | 1 INDEX:DAX 25% | 1 TVC:DAX 25% | 1
Tradingglen Tradingglen DAX, W, Short ,
DAX: Shark pattern DAX weekly chart
276 0 11
DAX, W Short
Shark pattern DAX weekly chart

Very fine Shark Pattern, in DAX weekly chart. See the double top on the chart, and compare it to the lowering top on the 21 RSI. Comment what you think.

Tradingglen Tradingglen GER30, 180, Long ,
GER30: New German Look for Feb. Zigzag pattern
232 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.
218 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.
129 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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