Dax Technical Analysis 28/02/2017

Dax Technical Analysis 28/02/2017

Hello traders! Last day of the month already, but unfortunately I am not going to able to produce the article as normal because I am in the studio again finishing off a recording for the band. I will be trading, but just not able to spend a couple of hours pulling the...
Dax Technical Analysis 27/02/2017

Dax Technical Analysis 27/02/2017

Good morning traders! Can you believe that we are at the end of February already?! Maybe it’s because I am getting older, maybe it’s because I have been flat out and manic-busy with everything so far this year, who knows, but I am staggered with the speed...
Dax Technical Analysis 24/02/2017

Dax Technical Analysis 24/02/2017

Hello traders! Sentiment around equities has soured today with a larger than anticipated pullback occurring on the Dax and my current system has been caught out on the wrong side. 11875 was my first target for a long, that level came and went pretty quickly and...
Dax Technical Analysis 23/02/2017

Dax Technical Analysis 23/02/2017

Hello Traders In the article yesterday I had a concern that the market appeared to be showing signs of exhaustion at the psychological 12k level and that there was a bearish candle formation developing with a doji at the top of a large trending move (8 am on the...
Dax Technical Analysis 22/2/2017

Dax Technical Analysis 22/2/2017

Good morning traders! There you go, another breakout confirmed (bullish) and we have cleared 12,000. Yesterday was a strong sign that the 11875-11900 resistance zone would be pushed aside and now we have opened the door to either a nasty bull trap or a move towards...