Mastering the German 40 Index: A Comprehensive Trading Strategy 👀👉 In this detailed video, I examine the complexities of trading the German 40 Index (DAX), sharing my personal trading plan and strategies aimed at identifying lucrative trade opportunities. Most importantly, my goal is to provide you with the essential tools to effectively navigate the indices markets. 📈✨
KEY HIGHLIGHTS:
✅ Trading Strategy Overview: I outline a structured approach to planning trades and identifying optimal trading opportunities.
✅ Technical Analysis Techniques: We explore concepts such as Wyckoff Theory and ICT (Inner Circle Trader) principles, emphasizing their application in real-world trading scenarios.
✅ Timeframe Analysis: The video guides you through analyzing higher timeframes to inform lower timeframe entries, ensuring a well-rounded trading strategy.
✅ Entry Points & Risk Management: Learn how to pinpoint entry points, set effective stop-loss orders, and establish profit targets to maximize your trading success. 🎯
✅ TradingView Features: I highlight essential features of TradingView, showcasing two advanced indicators: the Volume Profile and VWAP (Volume Weighted Average Price), which are crucial for intraday analysis and understanding market trends. 📊
🔔 Disclaimer: Trading involves risk and may not be suitable for all investors. Past performance is not indicative of future results. Always conduct thorough research and consider your financial situation before engaging in trading activities.
Join me on this journey to enhance your trading skills and gain valuable insights into the German 40 Index! Don't forget to comment and if you found the info of value, giving this post a BOOST would be awesome! 🙏
Daxanalyse
GDAX DAX 40 (German 40) Technical Analysis & Trade IdeaTheres a full video analysis posted before this.
The DAX 40's recent bullish surge reveals signs of exhaustion on the monthly and weekly charts. Lower timeframes suggest a manipulative price structure primed for a potential trend reversal.
Here's the breakdown:
- Overextension: Extended trends often succumb to corrections or shifts in direction. The DAX 40 appears ripe for such a move.
- Liquidity Engineering: The 4-hour and daily price action hints at manipulation. The downside breakout followed by a stop-loss raid indicates possible accumulation to fuel a bearish move.
- Reversal Pattern: This market behavior aligns with recurring reversal setups I've observed consistently throughout my trading experience.
Trade Idea
- Direction: Short (with the potential for significant downside)
- Timeframe: Expect bearish momentum through February and March.
- Monitor: Watch for validation on lower timeframes (e.g., a bearish break of the current range).
- Risk Management: Set appropriate stop-loss levels based on your risk tolerance.
Disclaimer
This analysis is for informational purposes and does not constitute financial advice. Before making any trades, perform your own in-depth research and exercise prudent risk management.
GDAX DAX 40 (German 40) Technical Analysis & Trade IdeaGDAX DAX 40 (German 40) Technical Analysis & Trade Idea
The DAX 40's recent bullish surge reveals signs of exhaustion on the monthly and weekly charts. Lower timeframes suggest a manipulative price structure primed for a potential trend reversal.
Here's the breakdown:
- Overextension: Extended trends often succumb to corrections or shifts in direction. The DAX 40 appears ripe for such a move.
- Liquidity Engineering: The 4-hour and daily price action hints at manipulation. The downside breakout followed by a stop-loss raid indicates possible accumulation to fuel a bearish move.
- Reversal Pattern: This market behavior aligns with recurring reversal setups I've observed consistently throughout my trading experience.
Trade Idea
- Direction: Short (with the potential for significant downside)
- Timeframe: Expect bearish momentum through February and March.
- Monitor: Watch for validation on lower timeframes (e.g., a bearish break of the current range).
- Risk Management: Set appropriate stop-loss levels based on your risk tolerance.
Disclaimer
This analysis is for informational purposes and does not constitute financial advice. Before making any trades, perform your own in-depth research and exercise prudent risk management.
Dax Jan 31 - Feb 1 UpdateSharing DAX updated from TTR
DAX had a perfect reversal candle, but still needs to confirm below 16855
We got a monthly inside candle close today.
Weekly has more room to the upside, but a double we have a potential double top formation here
We have a clear negative divergence on the daily level!
Don't give up on the DAX just yetYes, the DAX is clearly within an established downtrend on the daily chart. And its drawdown from its record high is relatively shallow at just -11.5% by historical standards - meaning we suspect further losses could be coming.
Yet its failure to break beneath the December high and March low has not gone unnoticed. And given it formed a bullish hammer around these key level with a mild bullish RSI divergence, we see the potential for some mean reversion over the near term.
Keep in mind that we have flash PMIs for the US and Europe today along with a speech from ECB President Lagarde, US GDP, PCE inflation and a Jerome Powell speech also in focus this week. And that leaves plenty of room for volatility for global markets.
DAX - ☕DAX - ☕
One of my most favourite patterns! Cup & Handle pattern - Inverse!
I've back tested this pattern many times and it never has failed me with the correct amount of risk etc. What states on your plan, that's the greatest importance.
Highs: 15420
Lows: 15280
A break above the highs this trade plan is no longer valid. A break below the lows I expect the continuation of bearish price action to continue and breaks below the trendline then we may go towards 200 EMA area.
Have a great week ahead,
Trade Journal
Key tip: Ignore the noise
DAX going to EMA200 daily in my idea and technical analyse : dax frist going to fibo 61% 12900 then going to EMA200 dailky then fibo 161 nera 14600(can take month)
advice : 90% looking for buy and be careful from sell put SL (only under red arrow pick sell after sell pinbar apear)...dax easily can move 2000 point in up side move
keep monitor AC indicator on 4hour chart
DAX 4 hour :3angel pattern + 13000 is upper target mr Powel instead increase rate little by litle ...he increase rate and give market bad shock
Trump was better than these stupid mans
if dax can break upper trendline can flyup to 13000 even 14000 area
if it break low can crash to 12200 area = fibo161%
in angel strategy put buystop sellstop is best action
keep watching AC 4hour on dax
DAX 4HOUR : IT CAN CRASH TO 11300i love dax (dow gold ) go up to 14000 but i try analyse witout my self sense
technical say dax can go to these level ..frist 12200 area if can break it can carsh to 11300 (with stupid Biden and Powell and their bad actions this can happend )
so be careful ,,keep monitor AC indicator on 4hour
note 1 : break red trend line is buy signal and big +up trend can start to EMA200 daily neqar 13800
note 2 : above green arrow aftre buy PINBAR comes on higher time ,60-240-1440min chart we can buy dax and hold it 30-40 day to high
www.tradingview.com
DAX 4hour say : uper target is 13500if news not come we have fibo61% and 2 open gap on cash phisical DAX INDEX symbol :DEU40
above green arrow afterbuy pinbar comes on 15-60-240-daily chart we must pick buy with sl in pinbar low and hold buys to 13500 are obove
personaly i predict 14200 for dax if big bad news not come
on dax keep monitor AC indicator on 4hour chart
good luck
DAX: Further Rise ExpectedThe DAX is in high spirits. Having already risen into the white zone between 15966 and 16127 points, the index is likely to surpass it after a short corrective excursion into the orange area between 15625 and 15805 points. Once it has reached the support at 16295 points, the index might even jump into the second white zone between 16385 and 16545 points.
Alternatively, we have provided another scenario which is marked with a probability of 35% in our chart. The index might also fall below the resistance line at 14795 points and thus dive into the magenta colored area between 13805 and 14392 points. However, if it does so, it will soon jump out of the magenta pool, dry itself off and head north again.
Happy New Year!
DAX - Will we see further decline?DE30 - Will we see further decline?
Technical aspects:
Pattern: Wedge / Bear flag
Support: 15227, 15177, 15127
Resistance: 15333, 15370, 15415
I've been short since early this morning, taken 70% profits off - I will be eyeing the price action throughout the days ahead.
Could wait for the break out and trade the pull back (retest) then trade the direction confirmation.
Yes, I've changed the colour scheme and trying to make it as simple as possible for you to understand - I do tend to switch colour schemes up on my trading platforms I use as time goes by!
Trade Journal
(Just a trade idea, not a recommendation)
#Dax30 - Just the Beginning? #grxeurLike and subscribe, so that you are always up to date!
The analysis is not yet complete but here you can see in my opinion the preliminary basic structure of the Dax.
If this prevails, then the crash was just the beginning and part of wave 1, but then all those who are still invested long in the market should use wave 2 to sell their positions and hold cash in order to be able to enter the market again at a much lower price later.
I will deliver the big picture separately later. Be curious about it.
Greetings from Hannover
Stefan Bode
P.S. Liken and subscribe!
DAX DEU30 1 HR Long End of 20.10.2019Hello to all watching my charts,
I am back here with a new analysis of german Dax Index
on a 1 HR view.
We have a very nice long setup since 10.10. and i do hope
everybody have seen that.
Thats in my midtime channel (blue) nice to see.
Of course such a strong rally cant last forever and has to be paused
sometimes.
Since yesterday we have such a phase
but if you check my shorttime channel (turkis green)
it still long.
So all which cried "short" at 18.10. are now faked out.
Please remember some of my rules:
Dont trade what you want to come next
only trade what you do see in the trading channels.
Good trades to all.
Renkotrade
Dax daily: 16 Oct 2019We saw another bullish happiness for Dax. After the initial long, buyers took a lunch break and the price resumed its climb later in the afternoon session. The resistance zone at 12 598 was broken and functioned as a support. Dax formed a new high of the recent past weeks but didn't hold the throne for long. The price then closed the day at 12 624.
Important zones
Resistance: 12 676
Support: 12 598
Statistics for today
Detailed statistics in the Statistical Application
Macroeconomic releases
NIL
Today's session hypothesis
Dax opened with a descending gap today. Before we finished writing this analysis, the gap has closed quickly. Buyers respected the support zone at 12 598. If the current bullish sentiment holds up, the retest of yesterday's high at 12 676 is very likely. That level is now an important resistance zone and should it be broken, we see another target at 12 730 which is the August high. Dax traders seem to be optimistic also due to the favourable Brexit echoes we hear recently. On the other hand, if the market mood changes, we are looking at a decline towards 12 483.
Dax daily: 30 Aug 2019 We welcome you to this last Dax analysis of the week, month and summer holiday. Thursday's session appeared quite innocent in the first hour of trading. At 9 am, Dax shot firmly upwards and this momentum lasted till noon. At around 4:30 pm, Dax fell lower by some 90 points just to correct this volatile spike even above the initial fall.
Important zones
Resistance: 11 899
Support: 11 774, 11 700
Statistics for today
Detailed statistics in the Statistical Application
Macroeconomic releases
NIL
Today's session hypothesis
It appears today we could finally close the resistance at 11 899 where we hope to find some sellers at the first retest. If we target the first one lower, buyers could be seen at 11 774 or even lower at 11 700. Should the price really drop down to 11 700, all our hypothesis for a bullish move turn invalid as that level is now distanced some 150 points away.
Dax daily: 29 Aug 2019 Yesterday's session drew a nice 'V' shape. The price started to fall towards the support level of 11 561 right from the beginning of the session and this was the area where price marked its intraday low and bounced back upwards. The first support zone laying at 11 678 had little effect. The statistical probability about closing inside the previous day range was also fulfilled.
Important zones
Resistance: 11 772
Support: 11 608, trendline
Statistics for today
Detailed statistics in the Statistical Application
Macroeconomic releases
08:45 - 09:55 CEST - various Eurozone reports - refer to the Economic calendar
Today's session hypothesis
For today's price estimation, we need to monitor the Price Action around the slightly consolidated area formed around yesterday's close. If Dax goes above this zone, it is likely we see a retest of 11 772 and the return back to the range zone of the past few days. Contrary, should bears prove their presence, we can see the retest of our support level and the trendline around 11 600 which could serve as an interesting area for some bullish correction.