01-04-2019 Technical Analysis

01-04-2019 Technical Analysis

On open this morning, during the early hours, we see a strong rally through the top of last Friday’s high (22nd). This means a jump of nearly 200 points from the Friday just gone. Consider the average daily range (14 periods) is around 145 points, we can agree...
28-03-2019 Dax Technical Analysis

28-03-2019 Dax Technical Analysis

Yesterday was a good day for me, despite starting the day with two stop losses. The following three trades netted a strong gain to the account and I was able to stop trading before lunchtime. This is always the goal. Congratulations to you members following the trade...
27-03-2019 Dax Technical Analysis

27-03-2019 Dax Technical Analysis

Five trades yesterday for me including one full target, one stop loss, two break-even trades and a small loser. Overall, we added to the account which is always nice to record. Today we’ve already had five trades and it’s a strong day. So i’m pretty...
26-03-2019 Dax Technical Analysis

26-03-2019 Dax Technical Analysis

Looking on this daily chart below, the bounce yesterday from the down-sloping high-to-high trend-line seems to be holding. A break below yesterday’s low is something to watch now. However, if a bullish retracement continues from this low, then we may see a minor...
25-03-2019 Dax Technical Analysis

25-03-2019 Dax Technical Analysis

The DAX has been selling off since Tuesday, reaching (and then reacting to) the low point from this morning around 8:00 UK time. Today my question is whether or not the price action can pull back up to the point of control from Friday, or whether it will fail and...