GER30 possible move I'm expecting price to respect my -OB by giving me a double top that will cause price to dropShortby GoldenB550
ger30 update so my bias ended up playing out today early in the morning ,but i did'nt capitalize on the oppotunity due to a lack of confidence ,but tomorrow is another day by Malaikasethi0
GER40: The structure pull-back strategy in actionGER40: The structure pull-back strategy in action From our previous analysis the price tested the broken structure near 18370 as expected by offering in this way a selling opportunity. The structure pull-back strategy is used after a broken structure. It allows you to join the market at a specific moment following the breakout direction. 📺You may watch the video for further details📺 Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Previous analysis: Short04:06by KlejdiCuni2212
GER40 may test 18300 before moving lower againGER40 may test 18300 before moving lower again From our previous analysis, GER40 decreased after a larger transformation than expected. These days it is possible that GER40 may rise up to the structure area located near18300 before resuming the decline again. This is what GER40 is showing with the current data. The first and strongest support/target area is found near 18K. 📺You may watch the video for further details📺 Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Short02:45by KlejdiCuniUpdated 222212
GER30 Pre market gamplan today Today I'm more bearish than bullish, arrows indicate my plan ,(FYI, yesterdays plan played out but I had no entries Check out my broker ☝️(in the profile picture)Shortby Malaikasethi0
GER30 60 - ABCD Emerging : 20 minutes agoABCD Fibonacci pattern identified at 6/25 11:00. This pattern is still in the process of forming. Possible bearish price movement towards target levels ranging from 18,332.11 to 18,040.89 within the next 9 hours. Expiry Date/Time: 6/25 20:17Shortby ronlobo0
2024-06-24 - priceactiontds - daily update - daxGood Evening and I hope you are well. overall market comment Indexes - No good news for the stock indexes. Dax and DJI closed green but dax ended US session still below the daily ema. Dow was rejected at the 40k mark, which was to be expected. Bulls will probably try that again tomorrow. SP500 and Nasdaq pulled back some more and bears finally closed a bear bar at the lows. In the overall scheme of things it’s just a minor pullback from a climactic blow off top. I have zero confidence in the bears that they can prevent the bulls from retesting the highs soon. Commodities were also uneventful. Oil bulls still doing their thing and keeping it in the bull channel, as I foretold in my weekly post. Gold printed a bull doji which keeps the market above the small bull support line on the daily chart but below the daily ema. More sideways price action expected for Gold. Will do a Bitcoin update tomorrow morning. Want to see if they sell it again hard in the Asia session. dax comment: Bulls tried and failed at 18500 and US session closed below 18400. Not looking good for the bulls currently. Doji on the daily, so I expect more sideways price action tomorrow. current market cycle: trading range key levels: 18000 - 18600 bull case: Bulls traded above 18500 and the EU session closed above it. The US session pulled it back below 18400, so it’s fair to say that we will see more choppy price action tomorrow. Bulls are still favored to retest above 18500 tomorrow, where their fate will be decided. If they fail again, we will go back to 18000 and if they break above, 18600 comes fast. The bull channel is still valid but Globex could trade sideways out of it. Invalidation is below 18300. bear case: Bears kept the market around last weeks close in the US session and they want to test back down to 18300. I have no opinion if we see 18300 or 18500 first tomorrow but I do think we will hit both. 18300 is also a 50% pullback from this recent rally. Invalidation is above 18540. short term: Neutral between 18380-18450. Bearish below, bullish above medium-long term: My long term outlook stays bearish and I expect at least a -20% correction in 2024. Medium term is 17100 while I think we can touch the big bull trend line starting 2022-10 around 16700 in 2024. —unchanged current swing trade: None trade of the day: Globex was bullish since bar 4 and saw an acceleration on bar 22+23. 23 was your entry bar for longs. If you weren’t, bar 29 with the open was strong enough so buy one tick on the follow through bar 30. Bar 67 was a huge bear surprise. Was 66 a reasonable short entry? You can but you would have shorted in a bull trend right at the 1h 20ema. You can take it since bar 66 was a decent signal bar but certainly not a trade of the day. by priceactiontds0
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 direction is set by the slope of the VWAP Trend phase is determined by the current price relative to the VWAP (20) level Support & Resistance are set by the StdDev #2 Lower and Upper respectively. ---------------------------------------------------------------------------------------------------------------------- Analysis Germany 40 remains inside a tight sideways consolidation of its broader bullish trend, with the price increasing to 18,256, now below the VWAP of 18,342. Support and resistance levels have adjusted to 17,901 and 18,783, respectively. The RSI has increased to 46, indicating a moderation in upside momentum compared to the previous report. UK 100 remains in the consolidation phase of a bullish trend, with the price increasing towards the June lows, and still below the VWAP of 8,275. Support has adjusted to 8,117, while resistance has increased to 8,280. The RSI has increased to 54, reflecting a strengthening in momentum compared to the previous report. Wall Street has made significant upside progress in the past 3 months - moving into a bullish consolidation phase, with the price recently increasing to 39,247, now above the VWAP of 38,755. Support and resistance levels have adjusted to 38,340 and 39,170, respectively. The RSI has increased to 60, signalling a rise in bullish momentum compared to the previous report. Brent Crude has transitioned into a bullish trend and continues in a corrective phase, with the price increasing to 84.62, now above the VWAP of 81.79. Support has adjusted lower to 76.84, while resistance has increased to 84.62. The RSI has increased to 60, indicating a strengthening of bullish momentum compared to the previous report. Gold remains in a bullish trend trading sideways in a neutral consolidation since topping in mid-April, with the price recently increasing to 2,330, now around the previous VWAP of 2,329. Support has adjusted higher to 2,284, while resistance has decreased to 2,369. The RSI has increased to 49, indicating a moderation of bearish momentum compared to the previous report. EUR/USD remains broadly trendless with the price more recently increasing to 1.0716, now below the VWAP of 1.0773 - and indicating a possible new phase of weakness. Support has adjusted lower to 1.0630, while resistance has increased to 1.0916. The RSI has increased to 42, indicating a reduction in bearish pressure compared to the previous report. GBP/USD remains in a neutral trend in a consolidation phase, with the price slightly increasing to 1.2662, now around the VWAP of 1.2722. Support has adjusted higher to 1.2621, and resistance has decreased to 1.2824. The RSI has increased to 44, indicating a moderation of bearish sentiment compared to the previous report. USD/JPY remains in a bullish trend - having overcome the late April peak - and has just re-entered an impulsive phase, with the price increasing slightly to 159.74, now above the previous VWAP of 157.33. Support has adjusted higher to 154.68, while resistance has increased to 159.80. The RSI has increased to 72, reflecting a strong increase in bullish momentum compared to the previous report. by Spreadex0
DAX40We expect a corrective decline for the DAX index, as we have extended the decline zone to the area we specified. Breaking the resistance is considered an end to the analysisShortby Alla_Jwaze2
How Prospect Theory and the Disposition Effect Influence Prices█ Prospect theory, the disposition effect, and asset prices In the research paper "Prospect Theory, the Disposition Effect, and Asset Prices," authors Yan Li and Liyan Yang delve into the implications of prospect theory on asset pricing and trading volume through the lens of the disposition effect. The disposition effect, a tendency to sell assets that have increased in value while holding onto assets that have declined, is a well-documented behavioral bias among investors. Results: The study finds that diminishing sensitivity predicts a disposition effect, price momentum, reduced return volatility, and a positive return-volume correlation. Conversely, loss aversion generally predicts opposite outcomes. █ Background and Theory ⚪ Agency theory examines the relationship between principals (owners) and agents (managers), focusing on aligning their interests through contracts and incentives. ⚪ Prospect theory , introduced by Kahneman and Tversky (1979), is a behavioral model that describes how people make decisions involving risk and uncertainty. Unlike traditional utility theory, prospect theory suggests that people value gains and losses differently, leading to risk-averse behavior for gains and risk-seeking behavior for losses. Explanation of Risk Aversion and Loss Aversion Risk aversion is the tendency to prefer certainty over a gamble with a higher or equal expected value. In contrast, loss aversion implies that losses loom larger than gains, making individuals more sensitive to potential losses than to equivalent gains. This phenomenon is captured by the S-shaped value function in prospect theory, which is concave for gains and convex for losses. █ Methodology The research uses a comprehensive model to understand how psychological factors like fear of losses and changing sensitivity to gains and losses affect trading and market behavior. This model looks at both diminishing sensitivity (caring less about bigger changes) and loss aversion (fear of losing money) together. The study's data comes from traders and managers at four big investment banks, including people with different levels of experience and jobs. This gives a broad view of how trading behavior works at these banks. █ Findings Disposition Effect What's Happening: Investors tend to sell stocks that have gone up in value and hold onto stocks that have gone down. Why: Because they are highly sensitive to gains but less sensitive to losses. Evidence: The study shows that people are about 15% more likely to sell stocks that have gone up than those that have gone down. Price Momentum What's Happening: Because of the disposition effect, stock prices keep moving in the same direction for a while before correcting. Why: Investors sell winning stocks quickly and hold onto losing ones, so prices don’t adjust immediately to new information. Evidence: Stocks that performed well continue to do better than those that performed poorly, by about 1% per month over six months to a year. Higher Equity Premium What's Happening: Investors demand higher returns for holding riskier stocks due to fear of losses. Why: Loss aversion makes them want more return to compensate for the risk. Evidence: Historically, stocks have returned about 6% more per year than risk-free assets, which is known as the equity premium puzzle. █ Practical Implications for Retail Traders Retail traders can derive several practical applications from these findings to improve their trading strategies: Risk Management: Understanding that loss aversion may lead to holding losing stocks longer, traders should implement strict stop-loss policies to mitigate this bias. Profit-Taking Strategies: Recognizing the reversed disposition effect, traders should establish clear profit-taking rules to avoid prematurely selling winning stocks. Market Volatility Awareness: Being aware that market volatility can exacerbate loss aversion effects, traders should seek higher returns to compensate for perceived risks. █ Applying Knowledge from the Study Retail traders can apply the knowledge from this study in several effective ways: Implementing Stop-Loss Orders: Setting automatic stop-loss orders helps circumvent the emotional impact of loss aversion, ensuring losses are capped at predetermined levels. Regular Review of Holdings: Periodic reassessment of stock holdings can help overcome the inertia caused by loss aversion, enabling more rational decision-making. Diversification: Diversifying the portfolio can mitigate the impact of loss aversion on individual stock performance, reducing overall portfolio risk. Education on Cognitive Biases: Educating themselves about cognitive biases like loss aversion and the disposition effect can help traders recognize and counteract these biases in their trading behavior. █ Reference Li, Y., & Yang, L. (2013). Prospect theory, the disposition effect, and asset prices. Journal of Financial Economics, 107(3), 715-739. doi:10.1016/j.jfineco.2012.11.002 ----------------- Disclaimer This is an educational study for entertainment purposes only. The information in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell securities. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on evaluating their financial circumstances, investment objectives, risk tolerance, and liquidity needs. My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes! Educationby Zeiierman53
DAX**DAX:** This week's forecast is for the price to fall to between 17410 and 17203.Shortby SpinnakerFX_LTD0
Dax at Structural ResistanceDax is at structural resistance. Considering a short opportunity , if this zone holds. Ideally like to see a double top price action , to trigger the short. You may wish to filter with an additional signal of RSI overbought. Trade suggestion is on chart . Shortby salsapete0
GER30 Pre market gamplan today I'm more bullish than bearish right now (market open) ,the arrows indicate when the trend will change, message me for an update (post market)Longby Malaikasethi2
Bearish drop?DAX40 is rising towards a resistance level which is a pullback resistance and could reverse from this level to our take profit. Entry: 18,275.79 Why we like it: There is a pullback resistance level. Stop loss: 18,386.59 Why we like it: There is a pullback resistance level which aligns with the 61.8% Fibonacci retracement. Take profit: 17,931.01 Why we like it: There is a pullback support level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.GShortby VantageMarkets7
Could this be a reversal ? Us30: Us30 seemed to have a good rally and took highs from its previous week and has seemed to stall there. As the week has close bullish I will be looking to this new week to continue bullish or atleast take the highs off the week prior to it. Ger40: Germany has a weaker rally but broke higher timeframe structures after its previous weeks lows were taken. I will like to see if this can hold as a strong break of structure or just a take of liquidity (ressitance). The week also close bullish and I will expect the new week to take prior weeks highs. Longby S0202Trades1
De30 GermanyGerman market bullish angel once again , if u like my analysis then please hit like button follow for more analysis. FB & X FOLLOW.Longby go4mudi0
DAX // minor long trendDear Traders, I said everything I wanted in the video, but let me summarize the key points. Monthly trend: LONG W-D trend: SHORT countertrend, accumulation phase H4-H1 trend: LONG So the minor long trend is valid, the target is the Daily breakdown. Enjoy riding the waves! ZenScape TradingLong06:36by TheMarketFlow1
#202426 - priceactiontds - weekly update - daxGood Evening and I hope you are well. dax cfd Quote from last week: bull case: Bulls see it as a small pullback and a sell vacuum on Friday to the big round support 18000. They want to create the same reversal as they did on 2024-04-19 with a 2% up day. The pullback in late March and April was 13 days long while we are in a 21 day long pullback. Bulls also argue that this is the first touch of the weekly 20ema since 2023-11 when we sliced through and have not touched it once since. Trends tend to test the extreme after the trend line is broken. I have absolutely no confidence in the bears to crash from here on, without at least a retest of the bull trend line at around 18300. If bears manage to close the gap to 17100, I am obviously wrong. comment: Sell vacuum theory was spot on. Bears printed 2 big good looking bars right to huge support and got no follow through. Bulls used it to trade back at least to the daily ema and 2/3 of the move. Huge price level around 18400/18450 with the ema. Bulls want above to test upper expanding triangle around 18600 and bears want a bigger second leg down to 17600. Both completely valid arguments and I will wait for a clear breakout before following. current market cycle: trading range - go look at the monthly chart. It’s a clear 4 month trading range. —unchanged key levels: small range 17600 / 18500 bull case: Bulls already had 2 pushes up in this pullback and they want a third one to around 18600. Their first target is a 1h close above the daily ema 18430. Invalidation is below 18260. bear case: I do think bears last chance here at the daily ema or they risk another bull leg to 18600. I think the odds are 50/50 for either side on Monday/Tuesday. Bears see this as a higher pullback in the new steeper bear trend that started 2023-06-13 with the two big bear bars. If they fail, market will spend more time in the range 18000-18600. Invalidation is a 1h close above 18460. outlook last week: “short term: Neutral. Please read on so you know why and how I will trade it. So bears are in control. Below all ema and really big red bars and all red bars for 5 weeks. I’m still not shorting right at 18000. That’s insane. Can we go lower on momentum to 17600? Yes. Will I short it? Bet. R:R here is on the bull side if they build buying pressure and get follow through. Until all of that I am neutral.” → Last Sunday we traded 18016 and now we are at 18367. High of the week was 18448 so that outlook was as good as it gets. Hope you made some. short term: Neutral again. Need to see a clear winner here at the daily 20ema for the next direction. medium-long term: 17000 over the next 3-6 Months and when we get there, I update again. current swing trade: None but will look for weakness on Monday/Tuesday for another big leg down. Sp500 and Nasdaq have to also be weak for that. Chart update: No bigger updates on my chart. Green two legged correction (ABC) was spot on and is still valid.by priceactiontds0
Looking for sell Time for breakout, after consolidation, break 18000 level give more selling towards 17500 -600 , Shortby Deepak_1150
DAX SHORTIt looks like DAX is undergoing a correction after a prolonged bull rally. However, based on my personal experience, if the Fibonacci level has broken the 0.618 level, I generally consider this as a trend reversal. We can now say corrections are upwards rather than downwards. Therefore, my view on DAX is a trend reversal, and the rises are opportunities for selling with stops.by EuTrend1
SELL GER 40 🇩🇪 Looking bearish at the moment broke the downside channel and retested it looking for more bears to come in Shortby rasmarcusgarvey0
Brilliant Basics - Part 5: Pre-Trade ChecklistWelcome to the fifth and final instalment of our Brilliant Basics series. Here, we provide you with a powerful Pre-Trade Checklist that can be applied to any trading strategy on any timeframe. Pre-Trade Checklist: A Platform For Success Our Pre-Trade Checklist involves asking yourself five simple yet crucial questions before committing your hard-earned money to the market. These questions cover the fundamentals of good trading, emphasising psychological discipline, risk management, and trade management. 1. Does your trade REALLY match your entry criteria? • This may sound obvious, but before entering your trade, it is essential that you triple check if the trade matches your entry criteria. The emotional rollercoaster of trading often starts at the inception of a trade idea. It’s easy to become attached to a trade that doesn’t actually meet your trading plan. Example: Imagine you’re a momentum trader who has been patiently waiting for a stock to break out from a wedge pattern for weeks. Your trade plan clearly states that you must wait for a close above the breakout zone on the daily chart before entering. On the day the breakout finally occurs, your excitement takes over, and you decide to break your entry criteria "just this once" because the breakout was moving so fast. Regardless of the outcome, the "just this once" mentality will prevent you from achieving consistency in your trading. Key Takeaway: Good trading hinges on consistently applying your edge across a large dataset. Therefore, ensure your trade strictly aligns with your predefined entry criteria. 2. Have you checked the economic calendar? • Always check the economic calendar before entering a trade. Scheduled news events like earnings announcements or central bank policy statements can trigger significant volatility. While some strategies may thrive on volatility, effective risk management requires awareness of potential market-moving events. Example: Suppose you’re trading EUR/USD. Without checking the economic calendar, you might miss an upcoming ECB meeting that could drastically impact the pair’s movement, causing unexpected volatility and potential losses. Key Takeaway: Serious traders prioritise risk management and should never overlook scheduled economic events that could impact their trades. 3. Where will you exit if you’re wrong? • Pre-trade enthusiasm often leads to us underweighting the potential to be wrong. If you know exactly where you are getting out of the market if the trade goes wrong, you are already miles ahead of most retail traders. There are two elements to this question: A. Stop Placement: This is an essential hard line in the sand and a stop should be placed that allows for market noise and confirms that your initial trade thesis is wrong. B. Pattern Failure: The second, more subjective element, is failure of pattern or catalyst behind the trade prior to the market hitting the stop. Example: Imagine you’re a swing trader buying a breakout from a descending channel. You place your stop loss below the nearest swing low. The market breaks higher but then retreats back below the descending channel. The breakout pattern, which was the catalyst behind the trade, has failed, but you’re still in the trade. Do you wait and hope for the trade to turn around before your stop is triggered, or do you take a proactive approach and close the trade on pattern failure? Key Takeaway: Exiting on pattern failure prior to your stop can help to reduce the size of your average loser and therefore boost your trading edge. 4. Have you adjusted your position size? • Consistency in position sizing is key to trading success. Adjust your position size according to your risk management strategy—whether fixed monetary amounts per trade or a percentage of your total account size. Example: Imagine you are a swing trader who risks £100 per trade and places a stop loss below a key swing low. Trade A has a stop loss of 100 points, and Trade B has a stop loss of 50 points. To ensure each trade has consistent monetary risk of £100, you risk £1 per point on Trade A and £2 per point on Trade B. Key Takeaway: Equal weighting of trades ensures that your edge is applied consistently over time, regardless of market conditions or trade outcomes. 5. Where will you exit if you’re right? • Planning your exit strategy before entering a trade is crucial for consistent trading performance. Avoid impulsive decisions influenced by profit-induced dopamine rushes. Example: You’ve entered a short position on Tesla (TSLA) after identifying a bearish head-and-shoulders pattern. You plan to take profits at the next major support level. By setting this target in advance, you avoid the temptation to exit prematurely as the stock begins to fall. Key Takeaway: Determine your profit-taking strategy—whether exiting at key support/resistance levels, taking partial profits, or trailing stops to capture potential further gains. Summary: Before entering a trade ask yourself the following five questions: 1. Does your trade REALLY match your entry criteria? 2. Have you checked the economic calendar? 3. Where will you exit if you’re wrong? 4. Have you adjusted your position size? 5. Where will you exit if you’re right? These simple questions, if answered honestly and consistently have the potential to make a real positive impact on your trading regardless of you style or experience. Thank you for following our Brilliant Basics series. We hope these insights have provided you with the tools and confidence to improve your trading strategy. Remember, disciplined trading is the key to long-term success. Happy trading! Disclaimer: This is for information and learning purposes only. The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. Social media channels are not relevant for UK residents. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80.84% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. Educationby Capitalcom9
DE30EURPair : Germany 30 - DE30EUR Description : RSI - Divergence Bullish Channel as an Corrective Pattern in Long Time Frame Break of Structure Demand Zone Completed " 12345 " Impulsive Waves and " ab " Corrective Wavesby ForexDetective9