Dax Journal 10/07/2017

6:27 On Friday the Dax closed way above the deviation high and the value area high and approached the POC from Thursday. We were looking at the possibility of a rally if we broke above the triangle support, marking out two possible zones, one around 12410 (a high...

Dax Journal 07/07/2017

17:36 Not much more to say today, the opportunity has gone, so there is no point chasing any others today. I am therefore going to sign off and focus on this new dashboard. 16:35 Missed this opportunity just a moment ago. Delta was winding up nicely and the price has...
Dax Journal 05/07/2017

Dax Journal 05/07/2017

22:42 Guess who didn’t manage to come back and close their 2nd 1/3 before the market closed last night? Yeah, me. I’m that guy. 20:19 The question now, is whether or not to keep the trade open overnight and face the dreaded gap. I am thinking that I will...

DAX Journal 04/07/2017

17:45 Just checked on the trade and the last part has been stopped out at breakeven. 15:58 I don’t want to get into the habit of making predictions, but, I would like to think we find resistance here at 12470-12475, then eventually retrace back to VWAP...
Dax Technical Analysis 14/12/2016

Dax Technical Analysis 14/12/2016

Good morning traders! The ECB has been printing lots of cheap money and since the financial crisis, the German Dax has risen by 45%. Once interest rates change a loss of profits is inevitable.The reason for this would be that companies are currently paying...