DislikedDAX, Long @ 8'865 (4x) ...favored aspects after the yesterday's daily hammer IMO. FXcubeIgnored
Exit @ 8'936, +71 (x4 = 284)
DAX, Nikkei 225 and Dow Jones only 11 replies
CFD DAX & DOW and more 17 replies
Carpe Diem: Nikkei 225 14 replies
finding good trades with Nasdaq, dow, spx, and dax 43 replies
DislikedDAX, Long @ 8'865 (4x) ...favored aspects after the yesterday's daily hammer IMO. FXcubeIgnored
DislikedPossible bottom already according to Tom De Mark http://www.businessinsider.com/tom-d...-feb-11-2016-2Ignored
DislikedSo many times I've seen a large candle shoot through the 200sma on 1M TF exactly one minute before (refer to arrow in diagram) Pre-trade (Frankfurt Open) Hour starts, and then it usually goes for +30 to +70pts higher in the space of minutes once the session opens. {image}Ignored
DislikedLooks like Dax up to 9260 den will look for shorts, ithink today can down hard and thickIgnored
DislikedNasdaq almost reach fibo 61.8% retrace on weekly candle, Dax is almost reaching 61.8% of the daily candle and in Dax we still have daily pattern for short from weekly sma200 to sma 300.. Plus today we have Draghi speech..but i need to see how it reacts at price 9260..Ignored
Disliked{quote} I've plotted my fibs from the H4 chart which gives a 50% of 9,314, and a 61.8% at 9,460. Last Wednesday we fell away hard from the H1 descending 100sma, so that was no surprise in a downtrend, but we have no such descending MAs now below the H2 200ema @ 9,336, and we are now above the H1 200ema, which should now offer some support, so I am not expecting a sell off today, especially as today is a US bank holiday. Rather, the Dax looks set to continue higher, or at least this looks a lot more likely than a sell off, which is not on technically....Ignored
Disliked{quote} I think we can get to 20SMA on Daily, in the next day or two. Around 9400. So for me, its buy the dip until then.Ignored
Disliked{quote} I've plotted my fibs from the H4 chart which gives a 50% of 9,314, and a 61.8% at 9,460. Last Wednesday we fell away hard from the H1 descending 100sma, so that was no surprise in a downtrend, but we have no such descending MAs now below the H2 200ema @ 9,336, and we are now above the H1 200ema, which should now offer some support, so I am not expecting a sell off today, especially as today is a US bank holiday. Rather, the Dax looks set to continue higher, or at least this looks a lot more likely than a sell off, which is not on technically....Ignored
Disliked{quote} Sorry my bad, its Dax fibo 100% @ 9250. It can still go down from there or up to next fibo 61.8..im not buyimg or selling atm..Ignored
DislikedUsually when US futures are up,Nikkei is up over 1000 points,Hang Seng is up over 500 points the DAX is going up with most likely no pullbacks especially when it opens green on the first trading day of the week where it had gone down for two weeks straight.Ignored
Disliked{quote} These days on the Dax where it moves slowly with little pullbacks and sits above 200sma, and importantly 200sma is on upward slope and if you notice the PA its moving in steps-up, this thing is definitely going higher at least to 20sma on Daily, unless we get a sudden appreciation on EUR, but that looks flat or mildly bearish if anything.Ignored