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Daxshort

Dax daily: 17 Jun 2019Welcome to a new trading week. Friday’s session turned out exactly as expected. From the beginning of the session, Dax went through our first support level at 12 121 to retest the second support level laying at 12 054 where the price bounced and even formed a daily low there. Later on, Dax slowed down in the consolidation area from Wednesday and we even closed in this range. Important zones Resistance: 12 148 Support: 11 987 Statistics for today Detailed statistics in the Statistical Application Macroeconomic releases 19:00 CEST – ECB President Draghi Speaks Today’s session hypothesis The gap has already been closed so we’re short of one daily target. If we find bearish momentum, the price could head lower to retest the weaker support at 11 987. Talking about higher levels, there is one weaker resistance level at 12 148, however, if the price gets all the way there, it is likely Dax will retest the Friday’s high and the zone of 12 200.
EUREX:FDAX1!
by FTMO
Dax daily: 30 May 2019 Bearish momentum continued yet for another day in a row. After the open, Dax took a south direction and the price reached the support level of 11 861 without any problem. This level was retested a couple of times before the price eventually closed there. Yesterday’s price action took us to the low formed on 01 April. Important zones Resistance: 11 986, 12 063 Support: 11 861, 11 827 Statistics for today Detailed statistics in the Statistical Application The statistical probability of closing the gap is 69% The statistical probability of breaking yesterday’s low is 96% Macroeconomic releases NIL Today’s session hypothesis Although the trading is limited today in many countries due to the public holiday and Eurex is partially closed, Dax market is open as normal. For today, we have quite some interesting leads given by the Statistical application. The most important is the probability of 96% to break yesterday’s low and this could signify further downfalls. When we look at the chart from a longer time perspective, there is a lot of room for sellers after breaking the 11 861 barrier. As of now, this level functions well and holding the price. Let’s keep a sharp eye on how this situation evolves.
EUREX:FDAX1!Short
by FTMO
DAX Chart 1 HR 30.04.2019 13:0 German time Hello to all watching my charts. Dax moved out from the long channel and is now drifting sideways. In my view no time to act at the moment in long or short direction. On the sownside to short there is support at around 12260 (blue lower line) If it breaks that also its short time in m< view. On the upside the next barrier resistance is 12350 aerea. (blue upper line ) If Dax will breake these level maybe Dax can move up in the long channel again and its time for a procyle action long. Best is to wait what will happen. Good trades
TVC:DEU40
by Renkotrade
SHORT DAX approaching resistance, a further drop could occur!DAX is approaching our first resistance at 11778.68 (Horizontal pullback resistance, 50% fibonacci retracement , 100% fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 10989.90 (horizontal pullback support, 61.8% fibonacci extension , 50% fibonacci retracement ). Stochastic (21,5,3) is also approaching resistance where we might see a corresponding drop in price.
XETR:DAXShort
by FlowState
DAX - Short setup with 1:4 risk ratioI see some rejection from resistance level and closed below the area. There are also untested targets below. I believe DAX is going down to test support zones. I'm planning to use multiple entries. I will; short at the beginning; add if the price goes up little bit more and add if i see a close below 11608. This is 1:4 short setup so stop is very tight. If stopped out and price goes back down, I'll jump back into the train. There's also another trade idea for me. I only go short if i see a close below 11608 with the same stop and target. Entries: 1. Beginning of the new hourly bar 2. 11670 (sell limit) 3. 11605 (I will wait for a close) Total risk: 3% of account balance (1% for each trade) Risk to reward ratio: 1:4 Stop Loss: 11711 (73 pips) Profit Target: 11346 (292 pips) Trail: I will trail the stop loss accordingly... Disclaimer: This is not financial advice. Educational purposes only. Trade safe Atilla
FX:GER30Short
by AtillaYurtseven