thread: Dax - Daily analysis and Discussion

quote Very very dangerous.... But profitable image

well completed, driver 55. I was also short on Dax and FtseMib but enduring somewhat, and it is ok
What caused this sudden fall of shares?

Trying brief SP @ 2613.25 and consequently on Dax in the same moment @13063

Quite very dangerous.... but profitable

Hello Everyone ... Ger30Dec (h1) (m15) my Opinion ... (when the fifth Element of wave 3 ($P500's) is Growing ... TP 2609) ... then the b5 wave (Dax's) ... will reach the TP 13210 (waiting for the c waves Following a(c) b(c) c(c) = TP 12700) (about 500 points ...) P.S. (in an AbC correction ... 4th(3) wave) image image

in fifth of b5 : TP 13210
(last one: AbC correction 4th (3))


P.S.
waiting for C waves (TP 12680) = a (c) @ 13210 b (c) c (c)

I think that We Must wait NY's Available to see what happens

That dual top, and strong looking shooting star around the H1 chart just improved the likelihood that Dax will come down in the amount by quite a fair measure.

All of the 200 moving averages on time frames 3m and are still south of the price though, so it can lift off of these service levels.

Just to add to my first chart this morning, the Daily, posted here, has broken above the 20sma which had been sending the price back down up until today, so now that it's been broken to the upside, there is the potential for the price to move up towards the 61.8% or maybe the 76.4% fibs, yellow and orange respectively.

A clear resistance level has been attained this morning, however we'll have to wait and see if it retains.

Interesting how that tiny pullback into 182 was developed to take out stops that had been moved to break even in the clear 1 minute time frame market signal candles between 08.20-08.25 London time.

The H6 100sma posted above seems to have held, as I thought it could. Dax may come down a long way from here, so if you shorted, I wouldn't be in too much hurry to exit just yet.

Scalping 1 Minute Charts. Hello, I am looking at scalping the DAX on the 1 minute chart utilizing a pullback entry to the 5 minute chart. Are any members trading such a way or have any advice?

What is your definition of compounding. . .how several pips?
Stop loss size?
Entry standards?
Exit standards?
Momentum gauge?
Directional prejudice?

These must be in place.

Seeking a possible top with this Dax move? Here is my H6 chart.

Attempting Brief SP @ 2613.25 and Therefore on Dax at Precisely the Same moment @13063