DAX Technical Analysis Articles

Find the most recent DAX analysis articles below, or you can jump to a year of your choice by selecting one of the options from the menu below:

DAX Targets 13,900 after reaching downside measured moved

DAX Targets 13,900 after reaching downside measured moved

Friday Feb 05, 2021

NEW ALL-TIME HIGH CONFIRMED

And there it is. The new all-time high was hit and 14k is now the new normal.

DAX Trading Signals Update Feb 05 2021

Feb-05-2021-Daily Signals

DAX Trading Strategy Update Feb 05 2021

Feb-05-2021-DTI Trading Strategy

Thursday Feb 04, 2021

NEW ALL TIME HIGH FOR THE DAX?

The German DAX closed at a record high on the Cash market, but the futures and derivates are still lagging behind a little. So is that the next move? It seems so based on the short-term moment we’ve had since the [3] pivot. Take a look at the update below of the thumbnail from the top. That shaded area I drew around 13,900 has pretty much acted as a swap zone. We’ve broken above the upsloper and kissed it goodbye and now currently trading above 14k (at the time of writing).

Euphoria continues to pump the markets through resistance and we have probably now get a brand new all-time high on the DAX.

german dax hits new all time high

The morning’s DAX & FTSE trading signals were all taken; both shorts filled (DAX and FTSE) and they were both stopped out for -1% each and then both longs were filled, but the trades ran until 8pm so I closed them out. DAX gained +1.15% and FTSE gained +1.01%, so I pretty much broke even on those.

As for the trading strategy, there was nothing to report, I literally took zero trades from it today. There are lots of functions and criterion in the indicator/strategy to filters out signals in specific trading conditions. Trading inside an intraday consolidation range is one of those filters, so the DAX yielded no signals until the afternoon. By the time that signal came, the market had already broken out and the candles were yellow.. No bueno. FTSE’s price action was very different. All trades were ignored for being yellow without a vwap retracement. 

DAX Trading Signals Update Feb 04 2021

Feb-04-2021-Daily-Signals

DAX Trading Strategy Update Feb 04 2021

Feb-04-2021-DTI Trading Strategy

Wednesday Feb 03, 2021

I am growing concerned with the stock markets at the moment, especially when I try to forecast another 6-12 months down the line. I currently see euphoric levels of speculation on the stonks, into industries that are performing TERRIBLY too – thanks to the pandemic restrictions. But their stock prices are going to the moon. This can only be speculative price action based on stimulus expectations, there is huge expectation that stimulus will cascade into failing industries. I won’t go into too much detail.

So we have a huge case of buy the rumour sell the news bubbling under the surface.

I’m a very strong believer that stimulus is actually paving the way for the complete ruin of the fiat monetary system, but it’s currently masking the real issue by presenting strength to the average Joe Bloggs of the general public: ‘everything is fine, there’s no problem here’ – when in actual fact there is an incredible wealth transfer happening behind the scenes and those not involved will foot the bill of the fallout.

As a tip, study the velocity of money and how this is a key driver for inflation. Once that starts picking up, it’s time to simplify down to an end game scenario.

Anyway… stepping down off my soapbox… here’s what I did yesterday

DAX Trading Signals Update Feb 03 2021

Feb-03-2021-Daily-Signals

DAX Trading Strategy Update Feb 03 2021

Feb-03-2021-DTI Trading Strategy

Tuesday Feb 02, 2021

The DAX has rallied over 5% since the end of Jan; over 700 points, challenging 14k once more – a level we’ve only reach once before. If you scroll out and take a look at the price from the beginning of January to now, can you see how price action is forming a descending broadening wedge? The lower lows are expanding further than the highs, this could be bullish for the DAX.

Four stops yesterday. Two came from the 9am trading daily signals of which one was the DAX and one for FTSE. Whereas on the DTI trading strategy I did not have too many opportunities to trade. Most of the DAX signals were ignored with the afternoon trade running until 8pm, which I closed early at +1.9%. I hit two stops on FTSE and that’s my limit there.
So a poor day, but not a disaster.

DAX Trading Signals Update Feb 02 2021

Feb-02-2021-Daily-Signals

DAX Trading Strategy Update Feb 02 2021

Feb-02-2021-DTI Trading Strategy

Monday Feb 01, 2021

So the DAX Targets 13,900 after reaching downside measured moved. I’ve taken a line from the [1] [2] swing and connected a parallel of that line to the downside break of the upsloping trend line to demonstrate the measured move.

I hit a nice target for a +4% gain from the FTSE trading strategy. But I had four stop losses across the day to leave me pretty much even. Sadge.

DAX Trading Signals Update Feb 01 2021

Feb-01-2021-Daily-Signals

DAX Trading Strategy Update Feb 01 2021

Feb-01-2021-DTI Trading Strategy
DAX Trend-Defining Level Under Pressure

DAX Trend-Defining Level Under Pressure

Friday Jan 29 2021

Pretty terrible day, cut incredibly short by my DTI trading strategy hitting 5 stop losses within the first two hours of trading, so I took that as an opportunity to close out the daily signals at breakeven and walk away and take some time away from the market.

Sometimes it’s good to walk away when conditions are not great. Otherwise there is a risk that the trading and the analysis will become frustrating and lead to bigger mistakes. 

Your trading plan should allow for these ‘walk away’ conditions.

DAX Trading Signals Update Jan 29 2021

Jan29-2021-Daily-Signals

DAX Trading Strategy Update Jan 29 2021

Jan29-2021-DTI Trading Strategy

Thursday Jan 28 2021

It’s all about cryptocurrency at the moment, I’m really enjoying my trades over there! I’ve got a nice bag of various ones now which i’ve been accumulating since 2017 and it’s great watching the new technologies start to emerge.

As for the equities, it’s just business as usual.

On the daily signals, I took a couple of stops in the first session with both shorts losing out, but the longs in the afternoon session did well. They ran to 8pm, so I closed them both for a gain. As for the DTI trading strategy, I had a couple of stops on FTSE and a nice target on the DAX. The morning setups were ignored because of yellow candles and a failure to retrace back to vwap.

Yet another solid day!

DAX Trading Signals Update Jan 28 2021

Jan28-2021-Daily-Signals

DAX Trading Strategy Update Jan 28 2021

Jan28-2021-DTI Trading Strategy

Wednesday Jan 27 2021

Let’s update the chart, what is DAX telling us? “Just when I thought I was out…. they pull me back in!”

The movie quotes were out yesterday and today we have another, name the film? Too easy? Well, this quote describes the German DAX’s recent failure to hold above the ascending channel resistance. It failed spectacularly. But we don’t really care for directional bias, because we trade long or short – so this failure provided some excellent trading opportunities and congratulations to the rest of you that capitalised. As far as trend analysis goes, the DAX is no longer in a bull market after breaking below its trend-defining level. 

The morning signals yielded TWO targets (one on DAX and one on FTSE) after the initial DAX stop loss. Superb. But wait. There’s more! 🙂 The trading strategy also gave a nice +4% too.

So today, we grabbed THREE nice targets to compensate me for three-stop losses. Very happy with the result.

 

DAX Trading Signals Update Jan 27 2021

Jan28-2021-Daily-Signals

DAX Trading Strategy Update Jan 27 2021

Jan28-2021-DTI Trading Strategy

Tuesday Jan 26, 2021

The DAX roars back into life, smashing through the descending channel resistance, slamming a daily engulfing candle down on the table, forcing a direct glare into the eyes of every doubter, and Gladiator shouts “are you not entertained?!” What a great result for the German DAX today. So now, us greedy traders are all quoting Andy Dufresne from the Shawshank Redemption “And if youve come this farmaybe youre willing to come a little further” and expecting another rally, to break to yet another all-time high. We’ll see if that’s likely by watching the price action reaction over the rest of this week.

Onto the trading results. How did we do? Well, the best result came from the DAX trading signal this morning in the signal channel. The trade ran for the whole day so I closed it this evening around 8pm for +1.3%. That gain covered the stop loss I had from the FTSE signal.

And the DTI trading strategy was pretty quiet today. In fact I didn’t have any DAX trades at all, because before the 9am start, I noticed price had tagged the deviation high and failed to retrace back to VWAP. Those conditions make it less probable for my setups to work out, so I choose to ignore them. You’re obviously welcome to create your own trading rules to take those trading signals. As for FTSE, I did take a trade, long, but it was closed at breakeven after reaching 2R profit.

Overall, quiet day on the trading front, there’s always tomorrow.

DAX Trading Signals Update Jan 26 2021

Jan27-2021-Daily-Signals

DAX Trading Strategy Update Jan 26 2021

Jan27-2021-DTI Signals

Monday Jan 25, 2021

Since the high on 8th January, the German DAX has posted consecutive short-term lower lows and lower highs and is now challenging the major low posted on the 5th January. However, the ascending channel that we’ve discussed over the past couple of weeks is still holding and is expected to hold at least once more. In order for the bull market to continue, we need to break the ascending channel resistance and break above the short-term lower highs.

The trading session was excellent on Monday. The DAX daily signal smashed target easily for +3%, but the FTSE didn’t quite get there, so I closed it at 8pm for +0.5% gain. And the trading strategy provided some fantastic setups too. I had a stop loss from the DTI trading strategy with FTSE early in the season, but everything else worked perfectly. DAX and FTSE hit their targets for +4% each (although I was very fortunate with the DAX, as the retracement to vwap was borderline). A superb day to start the week!

DAX Trading Signals Update Jan 25 2021

Jan26-2021-DTI Signals

DAX Trading Strategy Update Jan 25 2021

Jan26-2021-DTI Signals
DAX in Short-Term Descending Channel

DAX in Short-Term Descending Channel

Friday Jan 22, 2021

The DAX remains bullish above 13566 and currently challenges the ascending channel resistance drawn on the featured imaged image above from the beginning of the week.

I had a pretty mediocre week for trading results this week, no major gains and no really interesting situations. It was a grind, some weeks are like that. Today was disappointing with 4 stop losses and only two small winners from 8pm closes at the end of the session. Overall, down for the day. Let’s draw a lin under it and move on.

DAX Trading Signals Update Jan 22 2021

Jan22-2021-Daily Signals

DAX Trading Strategy Update Jan 22 2021

Jan22-2021-DTI Signals

Thursday Jan 21, 2021

The German DAX threatened to reclaim its bullish momentum and reignite a rally yesterday by temporarily breaking above the descending channel, but instead falls back inside.

As for trading the DAX and FTSE, the daily signals saved my session. I had a short on both and they ran to the end of the session allowing me to close them both out for a small gain, nice and easy with no need to get too involved. This was in contrast to a difficult day on the DTI trading strategy. Remember that my limits on DTI are two FTSE stops and three DAX stops per day. Well, I had four stop losses today, two on FTSE (so I walked away from that) and two on DAX. But I entered a fifth and final trade which hit target and made up for the earlier stops! I’ll take that

DAX Trading Signals Update Jan 21 2021

Jan21-2021-Daily Signals

DAX Trading Strategy Update Jan 21 2021

Jan21-2021-DTI Signals

Wednesday Jan 20, 2021

Quiet day in terms of trading, I took two longs from the daily trading signals which both run until the end of my session. So I closed them both at 8pm for a small gain. The DTI trading strategy was also quiet, with just two trades taken, one of which was a stop and the other closed at breakeven.

DAX Trading Signals Update Jan 20 2021

Jan20-2021-Daily Signals

DAX Trading Strategy Update Jan 20 2021

Jan20-2021-DTI Signals

Tuesday Jan 19, 2021

We are still contained within the descending channel on the DAX, and i’d like to see whether we continue to find resistance at the top and support at the bottom.

Yesterday I took one stop from the morning signals and one breakeven stop, so pretty slow day. The stop loss was from a DAX short which filled early and tagged the stop loss shortly before midday. The FTSE trade was stopped at breakeven.

As for the DTI trading strategy, there were a lot of situations where I ignored the signals because of the yellow vwap candles. I took two trades, both on DAX. Once was a stop loss and the other hit target. I was pretty lucky to take the second trade, because it happened quite quickly after the first once was stopped.

DAX Trading Signals Update Jan 19 2021

Jan18-2021-Daily Signals

DAX Trading Strategy Update Jan 19 2021

Jan18-2021-DTI Signals

Monday Jan 18, 2021

The long-term technical trend for the German DAX is still bullish above the 5th January low, ~13,566 but DAX in short-term descending channel. In order for the overall bull market to continue, we need to continue printing higher highs and higher lows. The trend defining level needs to hold and we need a new all-time high. No pressure.

As for trading, it was a three-stop day, one break-even and lots of ignored situations, thanks to the yellow candles.

Jan18-2021-Daily Signals
Jan18-2021-DTI Signals

DAX Technical Analysis Articles

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

Effective DAX Technical 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