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...
07-03-2019 Dax Technical Analysis

07-03-2019 Dax Technical Analysis

ECB rate decision and press conference today! Keep an eye out for that. The DAX opens up with a gap lower today and trades the asian session underneath the low of yesterday. The most obvious downside target in the short-term, for futures traders, would be the exposed...
Dax Technical Analysis 04-03-2019

Dax Technical Analysis 04-03-2019

We see a large low volume zone underneath the 600 zone which could be tested today. “Nature abhors a vacuum”. Low volume zones act like vacuums, so either we see a bounce from its top, or we see price cut through it like a knife. Which do you want? See the...