06-11-2018 Dax

06-11-2018 DAX Key Levels

Morning traders. A bit of a mixed bag for me yesterday, we had a really nice FTSE trade which hit target, but were left disappointed with three small DAX stop losses. Overall it could have been worse, so we’ll draw a line under it and move on. 

To find out more about these, click here: https://thedaxtrader.co.uk/daxtrader-signals-results/

428 5-Nov FTSE L 7101 7090 7135 3.09% TP 34 1.23% 30,885
429 5-Nov DAX S 11495 11519 11423 3.00% SL -24 -0.50% 30,731
430 5-Nov ESTOXX L 3223 3215 3248 3.13% BE 0 0.00% 30,731
431 5-Nov GBPUSD S 1.30079 1.305 1.2825 4.34% 1.29829 25 0.20% 30,792
432 5-Nov DAX L 11544 11519 11616 2.88% SL -25 -0.50% 30,638
433 5-Nov DAX L 11544 11519 11616 2.88% SL -25 -0.50% 30,485

Useful Links & Resources

SIGNALS RESULTS
https://thedaxtrader.co.uk/daxtrader-signals-results/

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

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

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

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

TELEGRAM CHANNEL: More Analysis
https://t.me/DaxTraderChannel


News Releases

In October, the Eurozone’s economy experienced the slowest growth rate since September 2016, according to IHS Markit’s report released today. The PMI Composite Output index came in at 52.7 in the last reported month, down from 54.1 in September and lower than the flash estimate of 53.1.

“An export-led slowdown, linked to growing trade tensions and tariffs, has been exacerbated by rising political uncertainty, growing risk aversion and tightening financial conditions,” said Chris Williamson, Chief Business Economist at IHS Markit.

German service output declined to a three-month low in September with the business activity growth declining, IHS Markit reported on Tuesday. The country’s Final Service PMI Activity Index amounted to 54.7, down from September’s 55.9 reading. Final Germany Composite PMI Output Index stood at 53.4, declining from September’s 55.0 to a five-month low.

However, the expansion in the service sector remained robust and the job creation continued at the quickest rate in over a decade. Business confidence majorly impacted by concerns over signs of global economic expansion slowdown, decreasing to the lowest in almost two years.

The service sector followed manufacturing in recording a loss of momentum at the start of the fourth quarter, though the good news was that the slowdown in service sector business activity growth in October was less severe than signalled by the earlier flash PMI estimate.In isolation, the latest numbers look generally positive: service providers reported rising inflows of new business thanks to a strong domestic market, helped by sustained strong employment growth, and on the whole they remained optimistic about the outlook,” said IHS Markit Principal Economist Phil Smith.

Dax Key Levels

DAX KEY LEVELS
  CFD
POC * 11510
Value Area High 11526
Value Area Low 11483
VWAP 11511
R2 11593
S2 11427
Pivot 11510
Camarilla Breakout (Bull) 11550
Camarilla Breakout (Bear) 11459
06-11-2018 DAX Key Levels

06-11-2018 DAX Key Levels

Dow Key Levels

DOW KEY LEVELS
  CFD
POC * 25376
Value Area High 25512
Value Area Low 25312
VWAP 25367
R2 25737
S2 25061
Pivot 25399
Camarilla Breakout (Bull) 25687
Camarilla Breakout (Bear) 25315
06-11-2018 DOW Key Levels

06-11-2018 DOW Key Levels

FTSE Key Levels

FTSE KEY LEVELS
  CFD
POC * 7106
Value Area High 7129
Value Area Low 7095.5
VWAP 7111
R2 7174
S2 7045
Pivot 7109
Camarilla Breakout (Bull) 7140
Camarilla Breakout (Bear) 7069
06-11-2018 FTSE Key Levels

06-11-2018 FTSE Key Levels

Stoxx Key Levels

EuroStoxx KEY LEVELS
  CFD
POC * 3222
Value Area High 3225
Value Area Low 3216
VWAP 3220
R2 3242
S2 3196
Pivot 3219
Camarilla Breakout (Bull) 3232
Camarilla Breakout (Bear) 3206
06-11-2018 STOXX Key Levels

06-11-2018 STOXX Key Levels

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