technical

803 posts

20-09-2018 DAX 30 Trading Strategy || A Simple Trade Management Plan

Rather than go through the same news stories and say the same things about the market (we’re bullish above our trend defining level), I wanted to do something a bit different today. So here is a video going through a strategy that I use to trade the DAX 30. Enjoy

18-09-2018 Dax

Dax Forecast 18-09-2018

Morning traders. We’re range-bound between our two trend-defining levels (12033 – 12135) and conditions are tricky for momentum moves on the DAX 30. However, we’ve had a positive start to trading after the opening bell.  During this morning’s webinar, I discussed my plan to look for shorts to ride back […]

11-09-2018 Dax

11-09-2018 Dax Technical Analysis

11-09-2018 Dax Lunchtime Update The ZEW reading has outperformed expectations morning. The 10 o’clock release was expected to deliver -14.9 but was actually -7.2. See the economic calendar for more details: https://thedaxtrader.co.uk/economic-calendar/ This is ordinarily a bullish result. So let’s see whether the daily low holds or not in the afternoon […]

10-09-2018 Dax

10-09-2018 Dax Technical Analysis

10-09-2018 Dax Lunchtime Update The bounce up to 12046-12060 is finding some resistance just above 12k, and coincidentally we’re finding resistance at the top of this regression channel. Good progress so far today, to break the 7-day-consecutive losing streak. The thoughts for 12046-12060 zone are based on this composite volume […]

06-09-2018 Dax

06-09-2018 Dax Technical Analysis

After its recent slide, the Dax (DAX 30) opened up with a gap lower again today. We are now at the lowest levels since April after piercing the 12,000 level. The international trade conflict and the currency crises in some emerging markets remain the dominant themes.  There is a downside target zone […]

04-09-2018 Dax

04-09-2018 Dax Technical Analysis

I am neutral and believe the DAX is on a “knife-edge” as to whether, in the coming trading days, it could still fall below the 12100-point mark. The bearish case looks at Trump. If Trump continues to show the EU in the tariff dispute the hard edge, the pressure on the shares in […]