thread: Dax - Daily analysis and Discussion

quote Hello , your very first trade was just terrific. Keep it up. There was (beside the PA) a very large probability, that we will break the yH. The precise number was 84 percent. Another key statistic I trade is rest of the initial equilibrium(IB), at the Dax case it's first 2 hours. The IB size is now 41 points, and there is 100 percent probability that we will break high or low of the IB, when we've got IB size. In the very first trade I supposed on that we will break the IB low (also because we refused to go over yRange). I'm not...

Hello Heinztrader,
thanks, your transactions are much intresting too, I am analyzing your charts.

Fortunately around 16:00 Cet, market starts to go, and after 2 longs efforts,
price have not the force to break longward and thus started to pointing south till 13100.
The Fomc provide a little up impulse for the time being.

Nice Day to all

De30 9 7 30 35
Renko 3

I've got resistance at the moment anywhere from here to up around the R1 pivot @ 13,200 which is also the 76.4% fib plotted from the Dec 8th large, and also the most obvious support is about S1 @ 13,095, believed higher up than this and it is the 30m 200ema @ 13,129 which has already held as support this morning. Seems like the price will jockey between those levels unless it can violate this resistance and push farther up.

De30 23 3 17
Renko 3

Last transactions for today, following the trend.
As entries: a double top, a 123 plus a Large Round Number.

Entries are shown on the chart.

Ps: thanks HeinzTrader.

Best

Luca

Hi Fellow Traders,

I had some decent traders on other markets, but in addition one commerce on Dax. The impulsive move coincided with a level. It took a while, but after all I obtained a profit of 440 USD.



TO matmomo: cool trades

Although it is out of subject, to comprehend what DAX will do,
I would advise looking at SP and Nasdaq at particular levels.

Until Nasdaq remains below 6410.50, I'll remain short
Until SP remains below 2663.75, I'll remain short

All amounts refer to open worth on a 1h chart

Dax 17 43
Renko 3

Two classical entrance this morning: one short after emas pullback, and a 123 breakout.
Both with TP @ BRN.

Hello everyone ... Ger30Dec (h1) my view ... awaiting Cwaves we're inside a 4th(3) wave ... (12345 bull market), within an AbC correction inside a 5(b5) wave ... (TP 13125)(13155) P.S. waiting @13125(13155) ... a(c)wave : (a(c) b(c) c(c)= 12680(12700)) image

Ger30Dec (h1)

I presume ... that waves will produce a megaphone (high volatility)
... we're inside a (4)b5 wave (whose goal is 12960)

@12960 would begin that the (5)b5 wave ... (TP 13256)
@13256 would begin the a(c) wave ... (C waves)

P.S.
maybe ...

Trying Short @ 13219

This day began really poorly. I went brief. I had been expecting that price will not break the small resistance degree, but Dax broke it took my SL. After Dax took my SL (-370 USD), went directly to my PT. Thats trading

HT

Gutan tag everyone ,

today I'd just two trades. The first one was a loss of 480 USD, the next one was a profit of 700 USD. I did not put much thought I got a very quick SL. The trade looked from the start. I did not get practically any warmth. The logic behind both of these trades was I was gambling that the market will continue in the direction of the move. For today my response is modest 200 USD.


HT