Good morning traders and welcome to the 30-10-2017 Dax Technical Analysis. First things first, tomorrow is German Reformation day and this means a public holiday and the Dax will not be open for trading. Therefore there will be no article tomorrow. What a great week...
Welcome to the 27-10-2017 Dax Technical Analysis. So the DAX REACHES ALL-TIME HIGH AGAIN! Finally, we see the Dax breaking out of that range and wow, wasn’t that a ride! Congratulations to the premium guys who also caught [all of / some of] that move with us in...
Morning traders and welcome to the 26-10-2017 Dax Technical Analysis. The Dax has broken through the triangle formation, to the downside. Many traders (including me) are beginning to change their bias from bullish to bearish and are looking to load up shorts on the...
Welcome to the 25-10-2017 Dax Technical Analysis. The IB (two-hour opening range) was pretty small yesterday and when we break out of an IB like that, we tend to see a trending day. As was the case on Friday when we saw a 40 point IB. During the first hour of trading...
Welcome to the 24-10-2017 Dax Technical Analysis. If we take a look at the IB for yesterday (IB = Initial Balance – the opening two hour range) it was pretty small yesterday. Often, when we break out of an IB like that, we tend to see a trending day, as was the...
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