Dax Technical Analysis 06/12/2016

Dax Technical Analysis 06/12/2016

Hello traders! The Dax treated us to a pretty spectaculor day yesterday, with a 300+ point candle off the back of the EU political uncertainty surrounding the Italian referendum. Depending on which camp you sit in, the news was damning for the Eurozone with yet...
Dax Technical Analysis 05/12/2016

Dax Technical Analysis 05/12/2016

Good morning traders! The Austrian election and the Italian referendum have dominated headlines this weekend. Austria has rejected the possibility of the Eurozone getting its first far-right head of state, which would’ve been pretty bad in my opinion. Italy has...
Dax Technical Analysis 02/12/2016

Dax Technical Analysis 02/12/2016

Hello traders! This morning I brought a new server to the office. You know that you have become a grown up when you get excited about installing your own server in an office. It’s like I have regressed back to my childhood of building computers and comparing...
Dax Technical Analysis 01/12/2016

Dax Technical Analysis 01/12/2016

Hello traders! Oil rallying 10% was one of the main stories to come out yesterday as OPEC agreed to cut production by 1.2 million bpd, which will likely cascade and have a knock on effect in the markets. Italy are still on the fundamental agenda, with political...
Dax Technical Analysis 30/11/2016

Dax Technical Analysis 30/11/2016

  Hello traders I have been out of the office for most of the day, so have not had the opportunity to write, so it’s a shorter article today. No charts The daily chart recently saw a bearish Marabuzo candle, I was looking out for a 50% retracement with a...
Dax Technical Analysis 30/11/2016

Dax Technical Analysis 29/11/2016

Hello traders! A little later than expected today as I had to attend a meeting, on my way there this morning I had to clear frost from my car windscreen, a clear sign that ‘winter is coming’, it’s taken a while. Yesterday we had a Marabuzo candle on...