DAX and DOW thread

10pips

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528 17
I will observe and look at buying DAX 12160 and target bias change to bullish..... targeting 12830.
DAX was 20-3pips shy away from GAP fill @ 12080 last Friday and now trading around demand zone ~ 12160.

I am not expecting any bullish until tomorrow as new monthly candle begins by then.

Demand zones are 12080s and 12160s.

Not sure why there is divergence between DOW and DAX so might need to be wary of that.
 

10pips

1
528 17
I will observe and look at buying DAX 12160 and target bias change to bullish..... targeting 12830.
As you can see, DAX was trading around 12160 yesterday like glue and an area I highlighted on 27th July.

Today brings out the NFP data so I am expecting a spike down to 12070 and a move back to up 12160 before continuation move up next week.
 

10pips

1
528 17
As you can see, DAX was trading around 12160 yesterday like glue and an area I highlighted on 27th July.

Today brings out the NFP data so I am expecting a spike down to 12070 and a move back to up 12160 before continuation move up next week.
Lowest on Friday was around 12120s before ending the day 12300+.
 

10pips

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528 17
Waiting for Bullish momentum from 12070 and will target 12800.

Will wait until Friday with low stakes and then build position on Monday.
 

10pips

1
528 17
Waiting for Bullish momentum from 12070 and will target 12800.

Will wait until Friday with low stakes and then build position on Monday.
This is why its important to wait patiently.
 

10pips

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528 17
DAX now trading around 12160s.

Currently have short positions with SL 12180s. Targeting 12070s

Sharp fall to 11930s last week.

Id be interested to going long 11890s and 11860s

Or otherwise long at 12070s.
 

10pips

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528 17
Looking at shorting DOW tomorrow. Areas I will observe is 22050-80s.

DAX on the other hand has amazingly bounced from 11930s to 12300s - Couldnt get bite of that apple.
 

10pips

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528 17
DOW fell from 22040s (Wednesday's out of hours market price) and now trading at 21740s which is 300pips drop.

Further downside is expect tomorrow - Friday, potentially another 200pips.

DAX short area 12140s with targets 12000
 

10pips

1
528 17
DOW fell from 22040s (Wednesday's out of hours market price) and now trading at 21740s which is 300pips drop.

Further downside is expect tomorrow - Friday, potentially another 200pips.

DAX short area 12140s with targets 12000
Holding a DAX short from 12170 this morning.

On Friday it retraced back too much and peaked at 12190s.