Improve Your Trading

Share this post

 


Morning traders and welcome the 05-02-2019 Dax Technical Analysis article.

The popular belief at the moment is that the DAX can continue to stagnate for a little longer and is unlikely to budge today.

The German stock market barometer has been stuck in a narrow range between 11,000 and 11,200 points for over a week and there is no clear direction on the horizon, either fundamentally or in technical terms.

It seems the best strategy to adopt at the moment is a range-trading strategy. But in the quiet times, make sure you study.

Here’s another look at the article I wrote about ‘how markets move’: https://thedaxtrader.co.uk/how-the-dax-moves/

 

05-02-2019 Charts

Daily chart

Hourly Chart

Profile

 

05-02-2019 Key Levels

  DAX
Point of Control :  11188
Value Area High :  11190
Value Area Low :  11144
VWAP :  11163
R2 :  11289
S2 :  11057
Pivot :  11173
Previous High : 11216
Previous Low : 11100

Share this post

Be A Better, More Disciplined Trader

Thousands of traders use TheDaxTrader.co.uk to assist their technical analysis and many of those traders become full members of the site and enjoy remarkable improvements in their results.

We believe in sharing the very best techniques, tools and strategies with you so you can make that leap to trading full-time and building your trading business with like-minded professionals. 

 

Find Out More

Additional Links

Lot Size Calculator

A useful tool to help you manage your risk when you are planning to open a position.

Open Page

DAX News Feed

A page collecting the useful news stories coming from the mother-land of Germany.

Open Page

Dashboard

A page collecting the useful news stories coming from the mother-land of Germany.

Open Page

MY TRADING HISTORY
https://thedaxtrader.co.uk/daxtrader-signals-results/

POSITION SIZE CALCULATOR
https://thedaxtrader.co.uk/calculator.html

DAX NEWS
https://thedaxtrader.co.uk/dax-news-feed/

TRADING ACADEMY
https://thedaxtrader.co.uk/daxtrader-academy/

THE DAX STRATEGY
https://thedaxtrader.co.uk/dax-trading-strategy/

THE DAX LIVE ROOM
https://thedaxtrader.co.uk/live-trading-room/

FREE SWING TRADING BIBLE
https://thedaxtrader.co.uk/swing-trading-bible/

FREE TELEGRAM CHANNEL
https://t.me/DaxTraderChannel

ABOUT MEMBERSHIP HERE
https://thedaxtrader.co.uk/daxtrader-membership/

ECONOMIC CALENDAR
https://thedaxtrader.co.uk/economic-calendar/

LIVE DAX CHART
https://thedaxtrader.co.uk/dax-chart-interactive/


Watch live video from thedaxtrader on www.twitch.tv