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Trade the German DAX 30 | DAX Strategy & Signals

DAILY DAX ANALYSIS

Dax Technical Analysis

Fresh technical analysis content every day covering the German DAX. Keep up to date with all the DAX key levels and technical zones. Find out whether the market is bullish or bearish and whether we have any momentum to trade using our DAX trading strategy. Read our charts and also get a better feel for how to trade the German DAX.

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13-07-2020 DAX 30 Analysis

13-07-2020 DAX 30 Analysis

Good morning traders, it's Monday the 13th of July and time for today's 13-07-2020 German DAX 30 analysis. DAX 30 Review From Last Session During the last session, we saw...

10-07-2020 DAX 30 Analysis

10-07-2020 DAX 30 Analysis

Good morning traders, it's Friday the 10th of July and time for today's 10-076-2020 German DAX 30 analysis. The fear of a setback in the recovery of the global economy from the effects of...

09-07-2020 DAX 30 Analysis

09-07-2020 DAX 30 Analysis

Good morning traders, it's Thursday the 9th of July and time for today's 09-07-2020 German DAX 30 analysis. DAX 30 Review From Last Session During the last session, we saw the DAX...

08-07-2020 DAX Analysis

08-07-2020 DAX Analysis

Good morning traders, it's Wednesday the 8th of July and time for today's 08-07-2020 German DAX analysis. As I mentioned yesterday, we seem to have failed to break above the previous high, so the...

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...

How Do I Trade DAX?

DAX Trading Strategy

Want to learn to trade the DAX better? All you need to trade the DAX is a good strategy combined with a solid trading plan and consistent methods. Don’t let emotions ruin your profits. If you want to learn how to use the techniques that I use for trading, then spend some time as a member and you will learn it.

Forex Signals

Forex trading is a great way to supplement your trading with additional opportunities. Sometimes when the DAX is quiet and you don’t see many opportunities, the forex market can provide us with another option.

I typically open around 7 forex trades a day. Sometimes more, sometimes less and I trade all the major and minor pairs.

The key to trading forex signals successfully is to use good trade management. That means collapsing the risk on the trade after reaching a certain amount of profit, allowing your trade to run risk-free. Find out more about forex trading signals below.

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FX Return for 2019

Average daily signals

Reward to Risk ratio

Trade The DAX

DAX Trading Signals

I send out daily trading signals for the German DAX, FTSE and Forex. I also share my DAX trading strategy, which will help you generate your own trading signals and trade the way I do. The DAX trading signals normally arrive by 9am into the members-only channel on Telegram. Click below if you want to learn more about DAX signals.

Learn Technical Analysis

If you are new to DAX analysis, or technical analysis in general, then some of the terminologies in the daily articles may not make a lot of sense. You may not be familiar with the technique or principles that I use, so please use the free technical analysis resources available on the site to help you learn how to trade the German DAX.

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 thinking that you know it already as technical analysis should always be practised.

As you may already know, the price of a financial instrument like the German DAX is ultimately determined by supply and demand. Put simply, if the demand for a financial instrument is increasing in relation to supply then the price will rise. Whereas if the demand for a particular instrument is decreasing in relation to supply, the price will fall.

So when we see an uptrend on a chart, we are seeing a period of time where demand has continuously increased in relation to supply. On the other hand, when you look at a downtrend, we are seeing a period of time where demand has continuously decreased in relation to supply. what we’re going to look at today is price levels where the

In this article, I want to look at price levels where the supply-demand equation reverses and price is expected to stop moving in the direction it was moving. So let’s look at the definition of DAX support and resistance and see a couple of examples on some charts.

DAX Support

Support is the price level of a particular instrument where there is enough demand should price reach that level to keep prices from falling further.

So in this example, you should be able to see a pretty good example of support. You can see that price has touched that level multiple times and then actually bounced off of that. Once it bounced, it never returned to touch it. So in summary, that support level is held.

DAX support and resistance - support
Support

DAX Resistance

Resistance is the price level of the German DAX where there is not enough demand, should the market reach that level, to keep prices rising further. It hits a wall and struggles to make any further progress.

Here, you can see here that price touches this resistance line multiple times. These first two tests are enough to establish a resistance line. However, the third time is a pretty good confirmation of that. So I hope you can see there the difference between DAX support and resistance. In this example, you can also see that the price did not break through that level.

DAX support and resistance - resistance
Resistance

DAX Support and Resistance (Trend)

These examples were for prices in a ranging market, one without a clear trend. However, DAX support and resistance levels do occur in trending markets too. So the easiest way to plot them is to use trend lines. Here are a couple of examples on the German Dax. In the uptrend here you can see the price coming down, touching that uptrend line multiple times. On the other hand, the downtrend is the reverse.

DAX support and resistance - down trend
DAX support and resistance - up trend

Trend Channels

Finally, in our introduction to DAX support and resistance, we come to trend channels. These can form a very simple strategy for a trade as the price can respect these levels. When the price bounces from trend support and reacts at a parallel level above, it forms a channel. This is known as a price channel. Price can often bounce between these levels. A very basic strategy is for traders to look for selling opportunities around DAX resistance and buying opportunities around DAX support.

A trend channel on the German DAX that has a positive direction, is often referred to as a Bull Channel. A trend channel that has a negative direction, is often referred to as a Bear Channel.

DAX support and resistance - bearish trend channel
Bear Channel
DAX support and resistance - bullish trend channel
Bull Channel

DAX Support and Resistance Summary

There are many types of support and resistance, but in this introduction article, we cover off just a few of the main ones. Open up a German DAX chart and see how many examples you can find.

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