Dax

Status
Not open for further replies.

kalott

Established member
Messages
736
Likes
82

Attachments

  • Germany 30 Cash (-).png 2.png
    Germany 30 Cash (-).png 2.png
    55.4 KB · Views: 433
60 min

trying to build some kind of (temporary?) bottom?
 

Attachments

  • DAX 60 min.jpg
    DAX 60 min.jpg
    73.7 KB · Views: 345
daily with (updated) fibs, ma200
 

Attachments

  • DAX daily 15 aug.png
    DAX daily 15 aug.png
    28.8 KB · Views: 316
weekly

first of all, i dont like to short october-april but maybe this time its different :cool:
 

Attachments

  • DAX 29 sept.jpg
    DAX 29 sept.jpg
    175.3 KB · Views: 265
let's see if we can get some reaction (top) in the beginning of march or we have to wait to june-july?
 

Attachments

  • DAX mars 2015.png
    DAX mars 2015.png
    61 KB · Views: 233
SP500

watch the rising trendline
 

Attachments

  • SP500.jpg
    SP500.jpg
    69.9 KB · Views: 211
SP500 240 min (and daily)
 

Attachments

  • SP500 17 mars.jpg
    SP500 17 mars.jpg
    179.7 KB · Views: 201
Dax trading

Time to get long, looks like they dont care about Grexit
 

Attachments

  • Germany 30 CFD.png
    Germany 30 CFD.png
    51.6 KB · Views: 192
DAX - Initial take profit level is 200% retrace

I see DAX like this:

H1: In the time frame the direction is a bit clearer. As local top was not broken so downwards trend remained although the bullish dynamics (07/05/2015 and 08/05/2015) unsettled the market. Yesterday morning the price rose until 61.8% retrace level (08/05/2015 high and 12/05/2015 low) at 11,595 and then it turned off. DAX fell with powerful dynamics again. 161.8% retrace of 12/05/2015 bottom and 13/05/2015 top caught it strongly.

Rise: For the time being I do not think of upwards entries except on the small time frames. DAX may test back until correction levels of yesterday's falling .

Fall: the price may fall even further without consolidation or correction. Initial take profit level is 200% retrace (closes of 12/05/2015 bottom and 13/05/2015 top). If the bottom on 07/05/2015 breaks then we can expect further falling. Target price is in this case 161.8% and 200% retrace (closes of 07/05/2015 bottom and 07/05/2015 top).

https://4fxtrader.com/wp-content/uploads/2015/05/DAX_H1_0514-624x302.png
 
Status
Not open for further replies.
Top