GER30_18_MAY_2018
https://www.tradingview.com/x/aMHS8tFl/
https://www.tradingview.com/x/aMHS8tFl/
Daily Trading Signals, Discussion, Share and Analysis 18 replies
Neely's NeoWave on €$, DXY, DAX & Bund: analysis & trades 203 replies
DAX & Nasdaq cash open daily profits 1 reply
Live discussion intraday DAX trading 52 replies
DislikedI know few people are trading Dax today, but it is at a potentially significant ( notice I always use ' potentially ) resistance level at around 13,170. If it does break through this, then I think 400-500 is a strong possibility. If it reaches that level and stalls, then I'll post again with an update.Ignored
DislikedThat resistance held well. Dax could fall quite a long way from here, but it should rally again before it does, giving another chance to short it provided it doesn't break higher, which it doesn't look like doing if today's H2 chart is anything to go by. Lovely MACD diversion on H2 as well. First level of potential support I have is around 105, with the 61.8% from Friday's low @ 100, and the 76.4% @ 080. Tomorrow will be interesting.Ignored
Disliked{quote} Just got online, and shorted that spike on pre-trade open at 13159.5. See supports at 127 (broken), then its 109, 100, then she really falls away to 036, 030, 13k, 1900-918. I think by week end we could be even lower.Ignored
DislikedAs I said in my first post today, there are plenty of bulls waiting to ramp Dax up again once it falls a bit....this is a familiar pattern since the beginning of April. R1 where it is right now @ 176 is the resistance right now, and it may not get above that, but if it does break yesterday's high, then watch 190-200, as this should also be a potentially strong resistance area.Ignored
DislikedThe DAX doesn't even think twice about making new highs, it just does it. Hasn't in this session but what a recovery so far ! Much higher is not out of the question, I won't judge the trend is over until a bear weekly candle shows me. I was short in beginning of session so glad I am out with profits. It really is a waiting game. It should be called waiting not trading. Too many romanticize with the latter title !Ignored
Disliked{quote} Thank you cat, this session provided a very good short and long trading opp'sIgnored
DislikedAs I said in my first post today, there are plenty of bulls waiting to ramp Dax up again once it falls a bit....this is a familiar pattern since the beginning of April. R1 where it is right now @ 176 is the resistance right now, and it may not get above that, but if it does break yesterday's high, then watch 190-200, as this should also be a potentially strong resistance area.Ignored