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Dax Technical Analysis 30/11/2016

Dax Technical Analysis 30/11/2016

  Hello traders I have been out of the office for most of the day, so have not had the opportunity to write, so it’s a shorter article today. No charts The daily chart recently saw a bearish Marabuzo candle, I was looking out for a 50% retracement with a...
Dax Technical Analysis 30/11/2016

Dax Technical Analysis 29/11/2016

Hello traders! A little later than expected today as I had to attend a meeting, on my way there this morning I had to clear frost from my car windscreen, a clear sign that ‘winter is coming’, it’s taken a while. Yesterday we had a Marabuzo candle on...
Dax Technical Analysis 28/11/2016

Dax Technical Analysis 28/11/2016

Good morning traders! I hope you all had a nice weekend. Let’s see what the market brings to us this week.The session opened with a 25 point drop which took out the daily pivot on the pivot point indicator. The daily S1 at 10 663 could be the next level of...
Dax Technical Analysis 25/11/2016

Dax Technical Analysis 25/11/2016

Good morning traders! The story is still the same as yesterday, so I can’t imagine there being much to report on today. There is still the two carved-out zones dominating price action at the moment, which I posted the charts for already. We have been held in...
Dax Technical Analysis 24/11/2016

Dax Technical Analysis 24/11/2016

Good morning traders! Two pictures can pretty much summarise where we are right now Dax is still range bound As we have discussed for a week or two now, we have carved out two distinct zones here on the Dax. We are trapped in a fairly compact range and price has been...