[special_heading title=”24-05-2018 Swing Trading Analysis: EURUSD” subtitle=”Euro, Dollar, EU” heading=”h2″ centered=”true” __fw_editor_shortcodes_id=”d740a33ac4f8e9847976d405e2819e87″ _fw_coder=”aggressive”][/special_heading]
- Major Swings: Bearish below 1.1995
- Minor Swings: Bearish below 1.1829
- Price action remains within the grey fork and still using the ML as a centre line
- A target (Babson line) from the three recent minor pivots provides a target on a pullback
[special_heading title=”24-05-2018 Swing Trading Analysis: USDJPY ” subtitle=”Dollar, Yen, UJ” heading=”h2″ centered=”true” __fw_editor_shortcodes_id=”7deb4963b5f561e2b928f2cb86570eb6″ _fw_coder=”aggressive”][/special_heading]
- Major Swings: Bullish above 109.15 – but this level is under massive pressure
- Minor Swings: Bearish below 110.335
- Price action has broken through the LMLH of the grey fork and zoomed the ML of the black fork
- Support found at the LMLH, but only temporarily. We are now below and are testing it from the underside
[special_heading title=”24-05-2018 Swing Trading Analysis: GBPUSD” subtitle=”Pound, Dollar, Cable, GU” heading=”h2″ centered=”true” __fw_editor_shortcodes_id=”899ded2487b7a74f066c1a279f8fb771″ _fw_coder=”aggressive”][/special_heading]
- Major Swings: Bearish below 1.3569 and GBP has been weak
- Minor Swings: Bearish below 1.3491
- UMLH of grey fork and ML of black fork share an interesting confluence of levels which will appeal to a bearish trader
[special_heading title=”24-05-2018 Swing Trading Analysis: AUDUSD ” subtitle=”Aussie, Dollar, AU,” heading=”h2″ centered=”true” __fw_editor_shortcodes_id=”3ea268737e3977c91ff4bf6fc071cb34″ _fw_coder=”aggressive”][/special_heading]
- Major Swings: Bullish above 0.745 and the swing lengths are showing some symmetry
- Minor Swings: Bullish above 0.7488
- Price action remains inside the area between the ML and UMLH, but still respecting those levels
- The recent high needs to be taken out to confirm a new swing low
24-05-2018 Swing Trading Signal Performance
Allow up to 30 seconds for this to load
If you want to develop as a trader and adopt a professional mindset then you are at the right place. If you want to get excellent analysis and indications on the high probability setups, then come and join the DaxTrader community. We have a number of active members contributing towards the DaxTrader community with setups, charts and ideas. As a premium member you will have access to:
TheDaxTrader.co.uk Reviews
See what people are saying about DaxTrader.co.uk by visiting the TrustPilot page here:
https://uk.trustpilot.com/review/www.thedaxtrader.co.uk
The Chat Rooms
Participate in the various member’s chat room for Dax, Forex, Cryptocurrency, Algorithm Trading with charts and ideas, improve your own analysis and pick the brains of other experienced traders.
The Webinars & Webinar Library
We have some excellent content to share in the webinars to help you understand the strategies and tools used by Dax traders. These strategies and tools are incredibly effective on the DAX and quite easy to start to understand. They don’t require expensive software either. The experience available in the webinars is excellent with guest webinars weekly.
Live Trading Signals
When a trade opens on our account, we share the information directly to the signals channel. We provide information including the entry, the stop loss, the target and the date/time. Premium members get access to DAX, FTSE and occasionally S&P500.
Our software sends the signals directly to your phone using Telegram messenger and thanks to our engineering, the delay between us opening a trade and you receiving it to your phone, is around 0.6 seconds.
The Charts (live)
I broadcast my charts for the majority of the day, which you can access and see what we are working on. You can view the charts from a tablet or smartphone as well as a computer
