Dax Technical Analysis 27/09/2016

Dax Technical Analysis 27/09/2016

[wp_ad_camp_1] Good morning traders! A fairly significant day for the Dax yesterday, once again reminding traders of the unpredictability of this market. We started off by breaking out of the Friday evening range to the downside with a gap that did not close, this...
Dax Technical Analysis 23/09/2016

Dax Technical Analysis 23/09/2016

Good morning traders! Dax is still bullish at the moment, but in the short term we are stretched long and we’ve had some disappointed service PMI data released today, so I would like to see a pullback. I have my eyes on the 10520 -10575 zone as an area where...
Dax Technical Analysis 21/09/2016

Dax Technical Analysis 21/09/2016

Good morning traders! Trading using Fibonacci is such a common tool that frequently provides some excellent entries and exits into trades. It’s so common in fact that it becomes a self-fulfilling prophecy and it almost becomes more effective because so many...
Dax Technical Analysis 20/09/2016

Dax Technical Analysis 20/09/2016

[wp_ad_camp_1] Hello traders! So after the lower low we posted on Friday, we started off the week with a mini-bounce yesterday and resumed the momentum this morning adding weight to that Bullish Divergence signal I posted. We are just above the daily 200 EMA and price...
Dax Technical Analysis 19/09/2016

Dax Technical Analysis 19/09/2016

[wp_ad_camp_1] Hello Traders This week will provide some interesting waves in the market and traders are warned to keep an eye on their exposure. Monetary policy makers in the US and Japan meet this week to announce rates decisions and we may find out a few difficult...