Technical Analysis Basics
101 Technical Analysis Introduction
There are two different ways that traders study the market. We refer to these two methods as Fundamental Analysis and Technical Analysis. In this very short technical analysis introduction article, I want to help you understand the differences. So this article is a...
102 Basic Dow Theory
Today we are going to take a look at the different ways that traders analyse the markets and more specifically, something which is known as Dow Theory. This unit will provide a basic Dow theory introduction. Most consider the father of technical...
103 Introduction to DAX Support and Resistance
This DAX support and resistance article is one which I encourage you to return and read multiple times because it's a common technique in trading and will help your understanding of the German DAX's price movements at particular levels and zones. Don't be fooled into...
104 Multi Time Frame Analysis
No matter what time frame you decide to trade the German DAX, it's important to always have a big-picture overview of what the market is doing. Multi time frame analysis allows you to have this big-picture view. When your technical analysis is lining...
Technical Analysis Patterns
DAX Triangle Pattern
This unit will look at a similar chart pattern which is known as the triangle pattern, or for our purposes the DAX triangle pattern. Towards the end of the article, we will look at strategies that you can use to trade the triangle pattern on the Dax. The triangle...
DAX Flags and DAX Pennants
In this unit, we will look at continuations patterns, specifically the formations of DAX flags and DAX pennants. These patterns are generally seen after a big move in one direction. They represent brief consolidations or pauses in the market before a resumption of the...
DAX Rising Wedge and DAX Falling Wedge Patterns
In this unit, we are going to look at the DAX Rising Wedge and DAX Falling Wedge Patterns. These patterns are normally a continuation pattern, so basically, a trend continuing in the same direction as it was moving. The previous two units were reversal patterns, one...
DAX Head and Shoulders Pattern
In this unit, we're going to look at the DAX Head and Shoulders Pattern (regular and reverse). These patterns help us show that the momentum needed to break a resistance level or a support level is currently not there in the market. But once the momentum arrives, we...
DAX Double Top and DAX Double Bottom
Now that we have a better understanding of technical analysis, the next thing to study is charting patterns, starting with the DAX double top and the DAX double bottom. Charting patterns are what many technical traders look for on historical price charts. This is...
Technical Analysis Indicators
Introduction to DAX Indicators
Welcome to the Introduction to DAX indicators article. We are moving away from the chart patterns from the previous module and are now starting a new series on technical indicators. We will take a look at what technical indicators are and how traders use them in their...
Using the Parabolic SAR (DAX PSAR)
This is the final unit in the technical indicator module of the course. Today we will look at the Parabolic SAR indicator on the German DAX (DAX PSAR). This will help you determine when to enter and exit the market, once you find a trend. You already know from the DAX...
Using the DAX ADX Indicator Introduction
Today we are going to learn about the Average Directional Index on the German DAX or DAX ADX for short. This is a technical indicator which helps traders determine the strength of a trend. Finally it is useful for learning whether the market may be switching from a...
How To Use the DAX Bollinger Band
The DAX Bollinger band is a technical indicator that uses a combination of simple moving averages and a standard deviation channel. This helps us compare volatility and price levels over time. John Bollinger is the creator of the tool and this is a Bollinger band...
DAX Stochastic Oscillator Introduction
DAX STOCHASTIC OSCILLATOR INTRODUCTION In this unit, we will take you through a DAX Stochastic Oscillator Introduction. It is very similar to RSI but many traders prefer to use this particular indicator instead. In the last unit, we looked at the RSI indicator which...
How To Use The DAX RSI Indicator
The DAX RSI indicator falls under the category of an oscillator. It is an extremely simple indicator to use in your trading. We take a look at how to use the DAX RSI indicator to generate signals. RSI standards for the Relative Strength Index is often referred to as...
How To Use The DAX MACD
Welcome to the DAX MACD technical indicator introduction. In this unit, we will look at how the indicator is built using moving averages and why it is one of the most popular technical indicators. MACD is pronounced "Mack-Dee". This is an abbreviation (more...
DAX Moving Average Introduction
This unit will look at the moving average technical indicator and we will refer to it as the DAX moving average. There are a few different types of DAX moving average available to use which may be confusing, but this tool can be a great way of 'smoothing' out the...
Intermediate Technical Analysis
How To Always Choose The Best Position Size For Your Trades
I'm going to share the most important considerations when deciding on the best position size for your trade. We will include the stop loss, the size of the account, your aggression as a trader and the market you're trading. As a trader, your most important objective...
How To Use Action Reaction To Trade The Dax PERFECTLY TODAY 2020
HOW TO USE ACTION REACTION TO TRADE THE DAX Let me now show you how to use Action Reaction to trade the DAX. There was a perfect opportunity here (April 29, 2019) which I shared with members in the dax signal channel. Congratulations to those of you that followed that...
Taking Profit Too Early
Why are traders taking profit too early? It is first important to understand some of the psychology behind this question. What may come as a surprise to many of you is that many traders have problems letting their profits run. They also have problems cutting their...
How To Create Your First DAX Trading Plan
When creating your first DAX trading plan, just remember that those who fail to plan, are planning to fail. This is a common saying. Another one I like is: "Prior Planning Prevents Piss Poor Performance". Both of these sayings are true for you because trading is not a...
Trading as Part of a Crowd
In this unit, we are going to look at another aspect of the psychology of money management which causes many traders to fail. That is people's desire to trade as part of a crowd. It's not necessarily wrong to trade with a crowd, but it's essential that you think for...
The Two Most Common Mistakes DAX Traders Make
Today we are going to look at the common mistakes DAX traders make. Even the smartest of people make these mistakes when entering into trading. This will help to ensure that we avoid those mistakes on our path to becoming a successful trader. Mistakes DAX Traders...
Why Traders Can’t Take Losses
The concept of money management and the psychology of money management is the most important overlooked factor of successful trading. So in this unit, we will study one of the most important components of the psychology of money management. That is the...
Why DAX Traders Lose Money
Psychology and mental aspects are essential. Unfortunately, they are often not strengths for most DAX traders. So it is worth spending some time to understand why most DAX traders lose money. When we are new to trading, we constantly see the statistic that 90% of...
What Makes The German DAX Move?
The German DAX is a volatile index which attracts traders from all over the world. Nearly all traders of the German DAX are looking for an opportunity to profit from its fast movements and were attracted by the market's volatility. But on of the most common questions...