Dax Technical Analysis 31/03/2016 part 1

Dax Technical Analysis 31/03/2016 part 1

Good morning traders! Decent bullish day yesterday We are still pressing against resistance around the 10110 zone A break through this level opens up a larger move A break back to 9950 could allow buyers to step back in I have a long open from my DaxTrader system at...
Dax Technical Analysis 30/03/2016

Dax Technical Analysis 30/03/2016

Good morning traders! We may have gapped slightly higher this morning, but we have been unable to take out yesterday’s high just yet and we are also finding resistance at the 50% fib from 23/3 – 27/03 swing. Bears would look at current price and think...
Dax Technical Analysis 31/03/2016 part 1

Dax Technical Analysis 29/03/2016

Good morning traders. If you’re think that this article is similar to Friday, then you’re right, because it’s the same article. I had forgotten that the market was closed on Friday so the market has not changed since. We’ve taken out and closed below...
Dax Technical Analysis 25/03/2016 part 1

Dax Technical Analysis 25/03/2016 part 1

[wp_ad_camp_1] Good morning traders! We’ve taken out and closed below the previous three days open/close range Still plenty of support below with previous resistance zone 9750-9850 proving difficult to break Liquidity drain about to begin with the long weekend I...
Dax Technical Analysis 24/03/2016 part 2

Dax Technical Analysis 24/03/2016 part 2

[wp_ad_camp_] Good morning traders! We reached the S1 as I mentioned in the first article for today and buyers stepped in temporarily, but we failed just under 10,000 and now price seems to be wanting to retest that area. If/when that goes, the next target would be...