Yesterday’s price action on the German DAX remained completely inside the range of the previous day. We traded in an 80 point range, which is less than half of the average daily range of 174. So we are winding up for a breakout soon and this means bad news for...
Hello, traders welcome to the 15-01-2019 DAX TECHNICAL ANALYSIS. The German DAX was pretty quiet yesterday. The overnight high from the Asian session was never tested, the low from the initial balance was never tested. The trading session was contained within those...
Good morning traders. We had a nice result on the DAX trading strategy yesterday, sending a signal into the channel to sell: DaxTrader Index Signals, [13.01.20 10:05] Type: SELL Symbol: GER30 Price: 13488.21 Stop: 13510.00 Target: 13401.05 Time: 11:05 ID: 21737912 DTI...
Morning traders, we have a situation on the German DAX where the 13,550 is providing supply. We failed to break it on Friday a couple of times and this morning, during the Asian session, we failed again. It remains to be seen just how long that will be a resistance...
The most recent market distraction, the US-Iran tensions, are currently de-escalating which is great for the markets. However, it turns out that investigations are ongoing into whether Iran shot down that Ukranian aeroplane with a missile. So perhaps the next...
Morning traders. It was one way traffic for the German DAX yesterday with a strong, Bullish, impulse wave. The reason for the epic rally was the apparent calming of geo political tensions after Iran retaliated in an ‘acceptable way’. Trump comes out and...
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