Dax30short
#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..
DAX30 - Crab in Development - Add to watchlistGoing to add this to my watchlist. Appears that Dax is developing a Crab HCP with prz 10806 - 10850. Will monitor and decide if will trade based on price action and conditions around completion of pattern (if it completes).
PRZ = 10806.4 - 10850
1.618XA = 10826.1
3.272BC = 10850
3.14BC = 10828.9
3.00BC = 10806.4
2.24ABC = 10833.2
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