DAX and DOW thread

10pips

1
528 17
Looks like sellers have come in slightly from 23480s and dropped to 23250s.

I'll be taking some sorts from 23480s with tight SLs.
Hesitated but it went upto 23520s and now trading around 23430s with some small bearish candles.

November a rest bite month before a final leg up in December to finish the yearly candle very bullish?
 

Jalno

Newbie
2 0
Hesitated but it went upto 23520s and now trading around 23430s with some small bearish candles.

November a rest bite month before a final leg up in December to finish the yearly candle very bullish?
Yea, highly possible.
good buying throughput today.
Volumes a bit low this morning..
 

10pips

1
528 17
Well my shorts haven't played well and thankfully kept those SLs small.

DOW now at 24810 and DAX 13310s.

I'm favouring traders to buy the dip until year closes on DAX
 

danpadcas

Junior member
15 0
Hi traders.

I don't look at DAX quite frequently but this week the opportunity came out was superb.

Anyone else noticed that lovely Pinbar right on support?

 

DAXtrader54

Junior member
43 1
Here is a little bit of fun using the animated trading GIF tool.

 

10pips

1
528 17
Very interesting moves over last few days...
DAX fell to 11700 and now trading at 12650s. Record highs 13600s.
11850s was a key support zone.

Daily average range for both indices will be wide during February., so might be worth zooming out to bigger timeframes.

Bearish zones 12800 targeting 12000
Bullish zone is vice versa of above

DOW - I'm going to have bearish out look from 26000 or record highs (double top?) .

These markets are going to play the bigger timeframe moving averages.