28-02-2018 DAX 30 – The Daily Profile

The major targets are the two exposed Points of Control 12475 and 12367. We could look to buy at the lower one and sell at the higher. We have two exposed POCs to mark on the chart.

28-02-2018 DAX 30 – The Swings

The major swings are still bullish above 12280.
Our recent fork, drawn from three previous major pivots is now coming to an end. We have busted below the lower median line parallel and come up against the warning line (which is an extension parallel from the lower median line parallel). Watch that level for a reaction. Those lines can be trend barriers.
If we draw a new fork from the most recent three pivots (assuming the most recent high is a confirmed swing high), then you have a potential target for our reaction leg. We want to tough the median line of the new fork and look to that for a potential reversal and buy zone.

Bollinger Band Strategy

I will write this strategy up into more detail, however, it’s a 600-period band on a 1-minute chart and we are looking for divergence either above or below the band (RSI Divergence is my preference). The video will show some examples of potential trade setups.