Dax Technical Analysis 01/04/2016 part 1

Dax Technical Analysis 01/04/2016 part 1

[wp_ad_camp_1] Good morning traders! Bearish engulfing candle on the daily chart Another 10k rejection Still inside the closing ranges of the last two weeks Currently sat around support and threatening to test trend defining level Bulls looking for a bounce early...
Dax Technical Analysis 31/03/2016 part 2

Dax Technical Analysis 31/03/2016 part 2

Good morning traders! Early morning sell off has stopped me out of my long trade from yesterday, which I held overnight. I mentioned before that I would be happy to re enter again at 9950, but we haven’t got there yet. Instead, I jumped the gun a little and got...
Dax Technical Analysis 31/03/2016 part 1

Dax Technical Analysis 31/03/2016 part 1

Good morning traders! Decent bullish day yesterday We are still pressing against resistance around the 10110 zone A break through this level opens up a larger move A break back to 9950 could allow buyers to step back in I have a long open from my DaxTrader system at...
Dax Technical Analysis 30/03/2016

Dax Technical Analysis 30/03/2016

Good morning traders! We may have gapped slightly higher this morning, but we have been unable to take out yesterday’s high just yet and we are also finding resistance at the 50% fib from 23/3 – 27/03 swing. Bears would look at current price and think...
Dax Technical Analysis 31/03/2016 part 1

Dax Technical Analysis 29/03/2016

Good morning traders. If you’re think that this article is similar to Friday, then you’re right, because it’s the same article. I had forgotten that the market was closed on Friday so the market has not changed since. We’ve taken out and closed below...