Dax Analysis

DAX Analysis Article

These are daily DAX analysis articles. I have been watching the German DAX index every day since February 2014, when I quit my job to become a full-time trader. During my quest to become a professional market analyst and trader, I learnt as much about technical analysis as I could. The DAX is my favourite equity index to trade because it responds well to technical analysis tools such as market profile, swing analysis, volume profile, RSI divergence and various other technical indicators. 

dax analysis

Today’s DAX analysis is below, or you can jump to a year of your choice:

07-07-2020 DAX 30 Analysis

07-07-2020 DAX 30 Analysis

Good morning traders, it’s Tuesday the 7th of July and time for today’s 07-07-2020 DAX 30 analysis. Quiet day yesterday on the markets, I noticed that our FTSE signal didn’t even fill, which is unusual. The DAX signal filled, but didn’t really have any momentum either. So the only success was found on the trading strategy and even then I only had one decent trade and two losers. Overall, I made a nice profit despite the quiet conditions. Today we’re seeing some simple profit taking but i’m mostly concerned about the failure to break the trend defining high on open this morning. Especially as we’re now trading below the low from yesterday. So watch out for the trend defining low listed below.

DAX 30 Review From Last Session

During the last session, we saw the DAX 30 tag a session high of 12836 and a session low of 12624 giving us a range of 212 points compared to the average daily range of 321. At the close of play last session, the market closed at 12738 which was 871 points above the 200EMA and 853 points above the 50EMA.

Where Is The DAX Heading?

The DAX is currently Bullish, but the trend may come under pressure today.

The German stock market index is currently showing a progressive series of higher highs and higher lows. The trend defining level is currently 12462, so the market remains bullish above that level. In order for the market to remain bullish, we need to take out 12839. I will again be looking to use the DAX trading strategy to provide some useful setups today.. . We have a classical situation on the daily chart whereby the 5EMA is above the 8EMA, the 8EMA is also above the 50EMA and finally the 50EMA is above the 200EMA. That’s a very bullish market, the first sign of a turn could be when the 5EMA breaks below the 8EMA.

DAX Levels To Watch

Looking at the key levels to watch today, watch out for the previous session Point of Control (POC) at 12708 and the previous session Volume Weighted Average Price (VWAP) at 12731. The value area high (VAH) is currently 12766 and the value area low (VAL) is currently 12689.

07-07-20 DAX Analysis

DAX Technical Indicators

IndicatorValue
RSI56
StochasticK: 75 and D: 84
MACD OSMA-3
Point of Control (POC)12708
Value Area High (VAH)12766
Value Area Low (VAL)12689
The DAX Pivot12732
The DAX R212944
The DAX S212520
Daily 5 EMA12562
Daily 8 EMA12496
Daily 50 EMA11885
Daily 200 EMA11867
07-07-20 DAX Analysis

Economic Calendar

To keep up with the economic calendar and the latest price action, click this link to open up the DAX chart. Here are the most important announcements for today

Economic Calendar

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Stay alerted with new DAX analysis articles by joining the free telegram channel. Click the link below.TheDaxTrader Telegram ChannelDAX Trading Strategy

As for my index trading; during the last trading session I took a total of 4 trades (2 DAX trades and 2 FTSE trades). Breaking down my DAX trades, 1 was from the DAX trading strategy (DTI) and 1 was from the regular morning DAX signal. Breaking down my FTSE trades, 2 were from the DAX trading strategy (DTI) and 0 were from the regular morning DAX signal. Overall, I hit 0 winners, 2 losers, and 0 break-even trades. This gave me a total profit of 3% for the day (including a trade I closed around 8pm).

To keep a track of the trading results, you can read the dax trading spreadsheet. In order to get access to the signals and to the strategy, you will need to be a member of the site. Find out more about membership.

Develop Your Trading Business

TheDaxTrader.co.uk provides top quality DAX Analysis articles every day cover various topics of technical analysis from technical indicators to naked price action. We want to help you learn to trade the DAX better. We study market geometry and share our outlooks. If you want to learn more about how we trade, you can become a member today and get access to our DAX trading strategy. We trade the strategy every day and this is where we generate our DAX signals. So come and learn the strategy for yourself.

Perhaps you want to learn how to become a signal provider for yourself? If so, learn about how to send trading signals from Metatrader 4 to Telegram. We have produced an excellent piece of software will help you do exactly that. To learn more about the DAX, visit the Wikipedia page, you will find we are mentioned there.

06-07-2020 DAX 30 Analysis

06-07-2020 DAX 30 Analysis

Good morning traders, it’s Monday the 6th of July and time for today’s 06-07-2020 DAX 30 analysis.

DAX 30 Review From Last Session

During the last session, we saw the DAX 30 hit a session high of 12652 and a session low of 12462 giving us a range of 190 points compared to the average daily range of 313. At the close of play last session, the market closed at 12573 which was 712 points above the 200EMA and 712 points above the 50EMA.

What Is The DAX 30 Doing Today?

The DAX is currently Bullish.

The DAX index is currently showing a progressive series of higher highs and higher lows. The trend defining level is currently 12462, so the market remains bullish above that level. In order for the market to remain bullish, we need to take out 12839. I will again be looking to use the DAX trading strategy to provide some useful setups today.. .

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Important DAX Levels

Moving on to the key levels to watch today, watch out for the previous session Point of Control (POC) at 12535 and the previous session Volume Weighted Average Price (VWAP) at 12567. The value area high (VAH) is currently 12608 and the value area low (VAL) is currently 12485.

06-07-2020 DAX 30 Analysis

DAX Technical Indicators

IndicatorValue
RSI62
StochasticK: 95 and D: 94
MACD OSMA2
Point of Control (POC)12535
Value Area High (VAH)12608
Value Area Low (VAL)12485
The DAX Pivot12562
The DAX R212753
The DAX S212372
Daily 5 EMA12575
Daily 8 EMA12490
Daily 50 EMA11861
Daily 200 EMA11861
Economic Calendar

Economic Calendar

To keep up with the economic calendar and the latest price action, click this link to open up the DAX chart. Here are the most important announcements for today.

Join the Free Telegram Channel

Stay alerted with new DAX analysis articles by joining the free telegram channel. Click the link below.TheDaxTrader Telegram ChannelDAX Trading Strategy

As for my index trading; during the last trading session I took a total of 4 trades (3 DAX trades and 1 FTSE trade). Breaking down my DAX trades, 2 were from the DAX trading strategy (DTI) and 1 was from the regular morning DAX signal. Breaking down my FTSE trade, 0 were from the DAX trading strategy (DTI) and 1 was from the regular morning DAX signal. Overall, I hit 3 winners, 1 loser, and 0 break-even trades. This gave me a total profit of 9% for the day.

To keep a track of the trading results, you can read the dax trading spreadsheet. In order to get access to the signals and to the strategy, you will need to be a member of the site. Find out more about membership.

Develop Your Trading Business

TheDaxTrader.co.uk provides top quality DAX Analysis articles every day cover various topics of technical analysis from technical indicators to naked price action. We want to help you learn to trade the DAX better. We study market geometry and share our outlooks. If you want to learn more about how we trade, you can become a member today and get access to our DAX trading strategy. We trade the strategy every day and this is where we generate our DAX signals. So come and learn the strategy for yourself.

Perhaps you want to learn how to become a signal provider for yourself? If so, learn about how to send trading signals from Metatrader 4 to Telegram. We have produced an excellent piece of software will help you do exactly that. To learn more about the DAX, visit the Wikipedia page, you will find we are mentioned there.

03-07-2020 DAX Analysis

03-07-2020 DAX Analysis

Good morning traders, it’s Friday the 3rd of July and time for today’s 03-07-2020 DAX analysis.

The German index continues to fluctuate between hopes of an economic recovery and corona concerns, which are currently fueled with new high infection rates almost every day, especially in the United States and Asia. There are no exciting economic data releases in the euro zone today, so investors are not expected to seee any new impulse waves from the DAX either. Today is a quiet day with US markets being closed due to Independence Day tomorrow.

Non-farm payrolls surged in June with 4.8m jobs, the biggest increase on record and more than the 4m consensus. The May figure was also revised upwards. Unemployment rate is still 11, so although the job market is improving there is still a long way back to normal as only just over a third of the historic plunge in April has recovered.

DAX 30 Review From Last Session

During the last session, we saw the DAX 30 find a session high of 12649 and a session low of 12222 giving us a range of 427 points compared to the average daily range of 320. At the close of play last session, the market closed at 12556 which was 705 points above the 200EMA and 734 points above the 50EMA.

DAX 30 Bias

The DAX is currently Bullish.

The DAX 30 Index index is currently showing a progressive series of higher highs and higher lows. The trend defining level is currently 12069, so the market remains bullish above that level. In order for the market to remain bullish, we need to take out 12655. I will again be looking to use the DAX trading strategy to provide some useful setups today.

03-07-2020 DAX Technical Analysis

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DAX 30 Levels To Watch

Looking at the key levels to watch today, watch out for the previous session Point of Control (POC) at 12606 and the previous session Volume Weighted Average Price (VWAP) at 12519. The value area high (VAH) is currently 12621 and the value area low (VAL) is currently 12468.

DAX Technical Indicators

IndicatorValue
RSI62
StochasticK: 95 and D: 79
MACD OSMA-18
Point of Control (POC)12606
Value Area High (VAH)12621
Value Area Low (VAL)12468
The DAX Pivot12476
The DAX R212902
The DAX S212049
Daily 5 EMA12454
Daily 8 EMA12396
Daily 50 EMA11822
Daily 200 EMA11851
03-07-2020 DAX 30 Analysis

Economic Calendar

To keep up with the economic calendar and the latest price action, click this link to open up the DAX chart. Here are the most important announcements for today

Economic Calendar

Join the Free Telegram Channel

Stay alerted with new DAX analysis articles by joining the free telegram channel. Click the link below.TheDaxTrader Telegram ChannelDAX Trading Strategy

As for my index trading; during the last trading session I took a total of 6 trades (3 DAX trades and 3 FTSE trades). Breaking down my DAX trades, 2 were from the DAX trading strategy (DTI) and 1 was from the regular morning DAX signal. Breaking down my FTSE trades, 1 was from the DAX trading strategy (DTI) and 2 were from the regular morning DAX signal. Overall, I hit 0 winners, 4 losers, and 1 break-even trade. This gave me a total profit of -2.5% for the day (including a trade I closed around 8pm).

To keep a track of the trading results, you can read the dax trading spreadsheet. In order to get access to the signals and to the strategy, you will need to be a member of the site. Find out more about membership.

Develop Your Trading Business

TheDaxTrader.co.uk provides top quality DAX Analysis articles every day cover various topics of technical analysis from technical indicators to naked price action. We want to help you learn to trade the DAX better. We study market geometry and share our outlooks. If you want to learn more about how we trade, you can become a member today and get access to our DAX trading strategy. We trade the strategy every day and this is where we generate our DAX signals. So come and learn the strategy for yourself.

Perhaps you want to learn how to become a signal provider for yourself? If so, learn about how to send trading signals from Metatrader 4 to Telegram. We have produced an excellent piece of software will help you do exactly that. To learn more about the DAX, visit the Wikipedia page, you will find we are mentioned there.

Effective DAX Analysis Techniques

The most effective technique to improve your own DAX analysis is to always keep the DAX index price action at the front of your analysis. Always understand how the market moves, and what the most recent trend-defining level is.

I know this analysis sounds simple, but it’s the most overlooked technique by traders and market analysts. There is a common mistake to try to be too advanced sometimes, and this causes us to miss the obvious.

dax analysis

Trading Signals

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