Daxshort
Are SELLERS taking over the market again? False BREAKOUT?Good morning, everybody!
After Friday sell off EUREX:FDAX1! opens with a large gap today. Sellers are back in the market and I am looking for an opportunity.
The price is now reacting on a minor resistance and we have got another major one higher, so what is it going to be?
Stay tuned for more updates!
Wish you good trading, guys.
John
FINEIGHT Team
#DAX ANALYSIS.. GREAT DEPRESSION OF MARKETS.. In my previous analysis, I mentioned that a strong sales wave could come to the markets again, in this context, I expect a structure as I mentioned in the chart.. Never say never.. Markets will be very interesting after 6 months, we will wait and see.. I firmly believe that big crash will come eventually and oil prices were the leading indicator of this..
Actually, I wrote that passage again and again in my previous analysis, please keep these in mind, greath depression is coming..
Disclaimer: Please do your own due diligence when it comes to investing.. Never put in money that you cannot afford to lose.. Invest at your own risk..
I wish you all the best..
DE30 Diamon & Double top - MACD & RSI DivergencySeveral indications to be on the short side next week.
CURRENCYCOM:DE30 CURRENCYCOM:DE30
- MACD divergency
- RSI divergency
- Diamond pattern completed
- last hours started to form a nice double top set up putting even more selling pressure on the DE30 for the following week
Strategy:
- wait for confirmation of Double Top and short. You can set positions to go long here as well as some short quick profits in case it doesnt breakt the diamond pattern
- If we see double top breakout this will trigger the diamond pattern and flag breakout on the daily aiming for a long short with nice risk reward
Are we going to short the market today?Hello traders,
yesterday we got some volatile movements on EUREX:FDAX1! which brought us great opportunities. Today we have got a pretty strong sell signal on M5 chart so I am entering a short position.
Check the video and let me know what is your strategy for today.
Have a great weekend, guys and see you on Monday!
John
FINEIGHT Team
Morning sell off on DAX - are we going lower?Hello guys,
after yesterday slow session EUREX:FDAX1! opens with a rally today and we are looking for an opportunity to sell. The price is now retracing which gave me a short signal, so check the video and let me know what are your expectations for today.
Have a nice day!
John
FINEIGHT Team
DAX analysis for 21.4.2020Hi traders,
today I got to my charts a bit late but let's take a look at what happened in the morning and what can we expect from the US session.
EUREX:FDAX1! opened with gap to the down side today which really canceled the yesterday's Pin bar signal. The morning was again quite lazy but eventually we broke yesterday's low and the price continues trending lower ever since. The first support is low from 16th April but we might see the price go even lower to 10 110.
I am now going short with the profit target at 10 250.
John
FINEIGHT Team
DAX analysis for 16.4.2020Hello DAX traders!
The buyers were not strong enough yesterday and the support at 10 500 EUR did not stop the sellers. What can we expect today on EUREX:FDAX1! ? Will there be another sell off? Check the video for some new ideas!
I wish you good trading, guys.
John
FINEIGHT Team
DAX analysis for 8.4.2020Hello traders!
So, yesterday we went through a major rezistence on EUREX:FDAX1! at 10 410 EUR. I took a long, went little bit more then 1:1 RRR in my favor, but then the price started to collapse slowly. The rest of the European session was quite boring and we finally got some movement after
4 PM CET.
Since the market eventually reacts on our resistence, we are expecting some more downtrend for today. The major support will be at around 10 000 EUR.
Good trading!
FINEIGHT Team
DAX's movement this summerForgot to publish this one. Anyway now it's published!
Closer look to DAX's possible movements for next summer. Green area is good spot to buy some DAX. Violet area is big question mark for me. There is some old support line and trend line cutting each other so it might take time to get through those. After that i expect we hit 0.386 fib area (red one) which is good spot to take some profits out and wait for next drop to 0.236.
#dax30 - No "Endsieg" there! #dax #grxeurWatch out for sarcasm!
There shall be no relaxation of the Corona regime before 20.04.20.
That the German leadership has chosen the 20.04. as the date to make further decisions is quite astonishing.
Do the fake democrats from the Berlin Democratorship want to announce the bank holidays and currency reform to the digital Euro for the "Führers" birthday?
I thought this date would have been forbidden in the FRGermany and removed from the calendar long ago, since not even car license plates with the initials of me and my wife, (in Hannover), with H - SA are issued anymore.
There the mentally lost but political "elite" made a mistake.
Let's see how long the sleeping sheep can be taken for fools before you realize that the biggest robbery in history is taking place and all your savings and retirement are being robbed?
Will the "German Michel" notice something or will he let himself be fooled again by incompetent "Führer"?
What do you think?
#DAX30 - It will fall again?!👍👍👍 Thumbs up + Like it 👍👍👍
Will the Dax fall straight to 61.8 at just under 7,400 Daxpoints or will the Dax take the indirect route to 11,000 points before the next sale starts to 7,400 points?
Either way, I can't see much positive in the DAX at the moment.
If Easter does not announce the end of the flu panic-mongering, then everyone will save themselves and their loved ones!
Only where to leave/emerge, because the option of the Hessian Finance Minister is definitely not available as a solution.
How do you see that?
Are such private thoughts appropriate for the euro area?
Can the german people be calmed again by a video message from Angela Merkel?
Greetings from Hannover
Stefan Bode