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GER40 trade ideas

#202446 - priceactiontds - weekly update - daxGood Evening and I hope you are well. tl;dr dax xetra: Neutral. Market dipped below previous support bears could not close at the lows and market reversed to trade back above the big number 19000. Bears had a great setup with the head & shoulders and it failed. If bulls can get above 19350 again, many bears will probably give up and only try again above 19500. Daily close below 19000 will probably be the death signal for prices above and we go down to 18000. I still don’t know if we print 18000 before 20000 but I do think we will see both prices this year. Quote from last week: comment: Bears failed at 19000 which keeps 20000 alive and it’s more likely that we continue sideways than a break to the downside. Above 19600 I would favor the bulls to get it to a new ath and potentially to 20000. Wednesday was the most important day last week and I would join either side above or below that bar. Otherwise there is currently no deeper meaning of this trading range near the ath. comment : Another week where I can’t make up new stuff. Bears dipped below 19000 and again but could not close below it even once. Market is in balance around 19200-19300 and until we have a daily close below 19000 or above 19400, we will continue to oscillate around that range. It’s maybe slightly more bearish because we have closed 4 consecutive days below the daily 20ema. current market cycle: trading range key levels: 18800 - 20000 bull case: Bulls kept the market above 19000 but they fail too much against 19300. If the market can’t close above 19300 early next week, I think many bulls could give up on the chase for higher prices. Bulls do not have many arguments as of now, besides keeping it above 19000. Invalidation is a daily close below 19000. bear case: Bears are reasonably strong to prevent higher prices but since they can not close below 19000, we are moving sideways inside the range. I have no idea which side will show strength first next week. I do think it’s 50/50 for both sides and I would only join if it’s clear who is in control again. As a bear, I don’t think one can hold short if market goes above 19300 again. Invalidation is above 19300. outlook last week: short term : Neutral 19000 - 19700, bullish above for 20000. I do think the triangle could play out some more and I am currently more willing to buy below 19200 than to short 19600. → Last Sunday we traded 19215 and now we are at 19210. 5 points on the week. Outlooks do not get any better. short term: Neutral 19000 - 19300, bullish above for 19600 or higher. Daily close below 19000 is worst case for bulls because there is no more support until 18200. medium-long term - Update from 2024-10-19: 20000 is the goal for 2024, if bulls do not get it until year end, it will probably not happen for the next 5-10 years. This market is beyond overvalued and will drop 30-50% in the next 5 years. I have no doubts about that. That fact should not be relevant to your trading at all. current swing trade: None chart update: Highlighted the bull flag but nothing else.
XETR:DAX
by priceactiontds
1-hr Germany 40: Down Trend Persists The Germany 40 index is currently in a short-term downtrend, as observed on the 1-hour time frame. This bearish movement is confirmed by a classic technical signal known as the Death Cross, where the 20-period moving average has crossed below the 60-period moving average. This crossover is a strong indicator of weakening momentum. At the moment, the price is consolidating near the immediate resistance level, which aligns with the 23% Fibonacci retracement. A temporary increase in buying pressure could push the index higher, potentially reaching 19,100 (38% Fibonacci level) or even 19,180 (50% Fibonacci level). These higher resistance zones may offer better opportunities for sellers looking to capitalize on the broader downtrend and initiate new short positions, aiming to align with the prevailing bearish sentiment.
CAPITALCOM:DE40Short
by Trendsharks
DAX may have topped alreadySince mid-August, the German index has risen nicely, gaining 2,000 points, or around 10%. However, at the end of October, the GER30 broke below its rising trendline, suggesting a potential top. Currently, the price is consolidating within a range, and a break below 19,000 could indicate a future decline. Key support levels are at 18,300, followed by 17,300. If you expect the index to stay below 20,000, selling rallies around 19,300 could be a viable strategy.
XETR:DAXShort
by Mihai_Iacob
4
Heading into pullback resistance?DAX40 (DE40) is rising towards the pivot which has been identified as a pullback resistance and could reverse to the 1st support which acts as a pullback support. Pivot: 19,198.60 1st Support: 18,949.40 1st Resistance: 19,439.34 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
DShort
by ICmarkets
1
Elliott Wave View on DAX Looking for Larger Degree CorrectionShort Term Elliott Wave View in DAX suggests rally to 19670 ended wave ((3)). Wave ((4)) pullback is currently in progress as a double three Elliott Wave structure. Down from wave ((3)), wave (i) ended at 19451.7 and rally in wave (ii) ended at 19591.5. Wave (iii) lower ended at 19368.69 and wave (iv) rally ended at 19468.6. Final wave (v) lower ended at 19330.1 which completed wave ((a)). Rally in wave ((b)) ended at 19643.12 with internal subdivision as a zigzag. Up from wave ((a)), wave (a) ended at 19555.45 and wave (b) ended at 19399.16. Wave (c) higher ended at 19643.12 which completed wave ((b)) in higher degree. Wave ((c)) lower ended at 19004.97 which completed wave W in higher degree. Up from wave W, wave ((a)) rally ended at 19297.6 and wave ((b)) ended at 19104.59. Wave ((c)) higher ended at 19563.97 which completed wave X in higher degree. Index has turned lower in wave Y with internal subdivision as a zigzag structure. Down from wave X, wave ((a)) ended at 19007.88. Wave ((b)) rally ended at 19456.9 and Index has turned lower. Near term, as far as pivot at 19669.9 high stays intact, expect Index to extend lower.
XETR:DAX
by Elliottwave-Forecast
DAX/GER30-40 - ALL THE WAY FOR RECOVERYTeam, it has been a while since we are trading this. Yesterday we did not post, we tried, but hit stop loss then later I got all the money back as I expect the target hit. but we were using very tight stop loss, no room for movement Today we are entering between 19050-19060 with STOP LOSS at 19035 Target 1 - 19086-95 Target 2 - 19126-335 Target 3 - 19211-19230 Please NOTE: once the price hit the 1st target, bring STOP LOSS TO BE. REMEMBER to take partial profit.
PEPPERSTONE:GER40Long
by ActiveTraderRoom
DAX to find buyers at current market price?GER40 - 24h expiry Offers ample risk/reward to buy at the market. Posted a Double Bottom formation. Our short term bias remains positive. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. The sequence for trading is higher highs and lows. The trend of higher lows is located at 19280. We look to Buy at 19230 (stop at 19110) Our profit targets will be 19530 and 19610 Resistance: 19350 / 19420 / 19567 Support: 19200 / 19100 / 19003 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:DE30EURLong
by OANDA
DAX H4 | Falling to swing-low supportDAX (GER30) is falling towards a swing-low support and could potentially bounce off this level to climb higher. Buy entry is at 19,200.33 which is a swing-low support. Stop loss is at 18,990.00 which is a level that lies underneath a multi-swing-low support and the 127.2% Fibonacci extension level. Take profit is at 19,537.25 which is a swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
FX:GER30Long
by FXCM
DAX: The 1D MA50 is holding. Expect rally.DAX is neutral on its 1D technical outlook (RSI = 53.908, MACD = 41.600, ADX = 23.126) as the price has been basically ranging since November 6th. The dominant pattern is still a Channel Up and it has held the 1D MA50 as support on multiple attempts since October 31st, which is a clear technical signal of an upcoming rebound. The last two HH tops were priced on the 1.786 Fibonacci extension and that is our target for this month (TP = 20,150) See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:DE40Long
by InvestingScope
GER40 "Germany 40 Index" Money Heist Plan on Bearish Side.Ola! Ola! My Dear Robbers / Money Makers & Losers, 🤑💰 This is our master plan to Heist GER40 "Germany 40 Index" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich 💰. Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High Stop Loss 🛑: Recent Swing High using 2h timeframe Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
FOREXCOM:GER40Short
by Thief_Trader
Weekly Technical AnalysisStart your week by identifying the key price levels and trends. The SpreadEx Research team has analysed the most popular markets, including stocks, indices, commodities & forex. *KEY Trend is set by the slope of the VWAP over 50 periods Phase is determined by the current price relative to the VWAP (20) level (above or below) Support & Resistance are set by the StdDev #2 Lower and Upper respectively. Momentum is determined by the RSI level (70 as overbought and under 30 as oversold). ------------------------------------------------------------------------------------------------------------------ Analysis Germany 40 remains bullish but is still in a correction phase, trading at 19,449, just above the VWAP (20) level of 19,343 after trading below it most of last week. Support sits at 19,020, with resistance at 19,666. The RSI is at 54, indicating moderate momentum as the index navigates its corrective move within a broader uptrend. The UK 100 index holds a neutral trend with increased potential for a breakdown. There is notable underperformance vs other global indices. The price at 8,128 is slightly below the VWAP (20) of 8,212. Support is positioned at 8,049, and resistance at 8,374. An RSI of 40 reflects sluggish conditions, as the index tests key levels within its range. Wall Street is in a bullish, impulsive phase, reaching 44,127- a record high and well above the VWAP (20) of 42,588. Support is at 40,971, while resistance is nearby at 44,120. The RSI at 70 shows strong momentum, nearing overbought conditions, signalling caution for further gains in the short term. Brent Crude remains neutral in consolidation broadly between the 7000 and 8000 levels, trading at 7309, below the VWAP (20) of 7372. Support is at 7111, with resistance at 7633. The RSI of 45 suggests soft but stable momentum, as the commodity remains within its range-bound state. Gold continues to exhibit bullish behaviour overall but has entered a sharp correction - its largest in a number of weeks. It’s priced at 2,666, below the VWAP (20) of 2,726 and testing the lower 2 period standard deviation of the VWAP (Support) at 2,660, with resistance at 2,790. An RSI of 43 reflects new bearish sentiment, with a drop below 50 not seen in months. EUR/USD remains in a bearish, impulsive trend coming off the back of a massive 300 pip 1-day decline last week and currently trading at 1.0679, below the VWAP (20) of 1.0813. Support is nearby at 1.0685, with resistance up at 1.0941. The RSI at 34 indicates downward pressure, suggesting limited bullish attempts to reverse the trend. GBP/USD is neutral in a consolidation phase with a bearish bias at 1.2897, just under the VWAP (20) of 1.2961. Support sits at 1.2868, and resistance at 1.3054. With an RSI of 42, the pair shows mild bearish momentum within its consolidation phase. USD/JPY holds a bullish, impulsive phase, trading at 153.62, above the VWAP (20) of 152.31. Support is set at 150.09, while resistance lies at 154.52. The RSI at 60 reflects continued bullish momentum within its uptrend, and still some way off overbought levels.
SPREADEX:GDAXI
by Spreadex