08-10-2018 Premium Section
I have included the latest BBRSI indicator for MetaTrader4 below, download that for your platform by clicking the link. Remember to log into your account to find out more about how to use that strategy. The link to that strategy is on the member’s forum.
Here are my trading ideas, and expectations for today. I have also included one of my Sierra Charts Chartbooks for the DAX, DOW, FTSE and ESTOXX. Feel free to download those and have a play with them.
If you are not a member, you will not see this content, but can see all the Volume Levels below.
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BBRSI
Download link: https://thedaxtrader.co.uk/wp-content/uploads/2018/10/BBRSI-2018Q4.zip
CHARTBOOKS
Download link: https://thedaxtrader.co.uk/wp-content/uploads/2018/10/Chartbooks-8-Oct-18.zip
DAX
Remember that it is Columbus day today in the US, so the second half of the session will be quiet. Most traders will look to get their trading done early.
It’s a bearish day.
We already started trading below the value area low, before the 8am cash open.
We are currently trading around 12010 and we have tagged the 12k. If this is a rotation zone, then the rotation target to the upside today (if it turns around) is 12055. This a high volume node from Friday which was under the value area.
FTSE
We’ve broken the IB to the downside. This can be a good short signal (assuming good bankroll management).
DOW
Still watching for shorts down to 300.
ESTOXX
Nothing significant yet
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08-10-2018 DAX CFD Volume Levels
The DAX remains bearish below 12343 on CFD. The first bullish warning will come on a break and hold above 12123. Please watch the video for full details
| DAX KEY LEVELS | |
| POC * | 12147 |
| Value Area High | 12178 |
| Value Area Low | 12086 |
| VWAP | 12127 |
| R2 | 12330 |
| S2 | 11939 |
| Pivot | 12134 |
| Camarilla Breakout (Bull) | 12207 |
| Camarilla Breakout (Bear) | 11992 |
08-10-2018 FTSE CFD Volume Levels
| FTSE KEY LEVELS | |
| CFD | |
| POC * | 7310 |
| Value Area High | 7371 |
| Value Area Low | 7296.5 |
| VWAP | 7348 |
| R2 | 7492 |
| S2 | 7211 |
| Pivot | 7352 |
| Camarilla Breakout (Bull) | 7398 |
| Camarilla Breakout (Bear) | 7244 |
08-10-2018 DOW CFD Volume Levels
| DOW KEY LEVELS | |
| CFD | |
| POC * | 26655 |
| Value Area High | 26732 |
| Value Area Low | 26438 |
| VWAP | 26533 |
| R2 | 26932 |
| S2 | 26089 |
| Pivot | 26510 |
| Camarilla Breakout (Bull) | 26720 |
| Camarilla Breakout (Bear) | 26256 |
08-10-2018 ESTOXX Volume Levels
| EuroStoxx KEY LEVELS | |
| CFD | |
| POC * | 3335 |
| Value Area High | 3361 |
| Value Area Low | 3330 |
| VWAP | 3352 |
| R2 | 3400 |
| S2 | 3300 |
| Pivot | 3350 |
| Camarilla Breakout (Bull) | 3369 |
| Camarilla Breakout (Bear) | 3314 |
