21-05-2019 Dax Analysis Video & Key Levels

21-05-2019 Dax Analysis Video & Key Levels

Yesterday, in the previous article we discussed a potential pullback zone, notice how price action responded to that level? Today we take a look at the trading strategy we use here, with some specific use cases including how to manage the trade.

For now, I am still cautious with the DAX, because volatility has only just started to return and I often find it’s most useful to wait for the market to come to us, rather than chase the market in circles.

DAX CFD KEY LEVELS
POC : 12049.0
VAH : 12088.5
VAL : 12002.0
VWAP : 12083.1
R2 : 12372.2
S2 : 11819.3
Pivot : 12095.8
High :12263.9
Low :11987.4