Dax - Daily analysis and Discussion | Page 35 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Live discussion intraday DAX trading 63 replies

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

Daily pivot point indicator on mt4 for dow and dax 1 reply

Attachments: Dax - Daily analysis and Discussion
Exit Attachments

Dax - Daily analysis and Discussion

  • #681
  • Edited 10:21am Nov 29, 2017 9:57am | Edited 10:21am
Quoting mag00
{quote} in fifth of b5 : TP 13210 (last one: AbC correction "4th (3)") P.S. waiting for C waves (TP 12680) = a (c) @ 13210 + b (c) + c (c)
Ger30Dec (h1) (m30)

it may be ...

... that the start and end of wave C are ... by 13255 to 12845 (a double minimum ?!)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Ger30Dec (h1).png Size: 86 KB
Click to Enlarge Name: Ger30Dec (m30).png Size: 68 KB
... panta rei ... (Heraclitus of Ephesus, 535-475 BC)
  • #682
  • Nov 30, 2017 12:26am Nov 30, 2017 12:26am
I shorted the impulsive move down. I took the short, because yesterday we closed near the low. I studied these days I found that the next day from around 80% breaks the low of the previous day, which closed near the low. Then I shorted again at 9:08 and took a loss. Overall I am +10 USD

Attached Image (click to enlarge)
Click to Enlarge Name: trade1.png Size: 51 KB
  • #683
  • Nov 30, 2017 2:29am Nov 30, 2017 2:29am
Quoting filostro
{quote} well done, driver 55. I was also short on Dax and FtseMib but suffering somewhat, and now it's ok What caused this sudden fall of stocks?
Look @ Nasdaq (F.A.N.G equity)
The best thing that can happen to you is to find out where you're wrong.
  • #684
  • Nov 30, 2017 5:55am Nov 30, 2017 5:55am
The third trade. The description is in the picture. I really like these types of trades, where is really clean structure, where to place SL. Risk management is the most imporant in trading.

Attached Image (click to enlarge)
Click to Enlarge Name: another_trade.png Size: 67 KB
  • #685
  • Edited 11:49am Nov 30, 2017 10:51am | Edited 11:49am
Quoting mag00
{quote} Ger30Dec (h1) (m30) it may be ... ... that the start and end of wave C are ... by 13255 to 12845 (a double minimum ?!) {image} {image}
Ger30Dec (m15)

within 4th(3rd wave's) alias third wave (12345 of bull market)
(inside an AbC correction)

alias ... inside the 4th one (5(b5)'s) ... (TP 13015)

waiting for the 5th one @13015 (TP 13230)
(next wave : a(c) @ 13230 ... wait & see)

P.S.
maybe ...
Attached Image (click to enlarge)
Click to Enlarge Name: Ger3oDec (m15).png Size: 65 KB
... panta rei ... (Heraclitus of Ephesus, 535-475 BC)
  • #686
  • Dec 1, 2017 12:32am Dec 1, 2017 12:32am
Dax approaching this 13,000 support level. Below it I have S1 as potentially strong support at 12,970.

....both gone, so now S2 @ 12,910, 900 having been a strong support level for the past two weeks or so.
  • #687
  • Dec 1, 2017 1:25am Dec 1, 2017 1:25am
I am expecting it to lift from this level, as I see no reason why the money wants to sell it to new monthly lows. There is strong support here as well.
  • #688
  • Dec 1, 2017 1:30am Dec 1, 2017 1:30am
To be more precise, I have short term support now at 860. If it drop back to it and breaks, then I have no idea how low it could drop, but that is my critical level of support now.
  • #689
  • Dec 1, 2017 1:35am Dec 1, 2017 1:35am
Quoting mag00
{quote} Ger30Dec (m15) within 4th(3rd wave's) alias third wave (12345 of bull market) (inside an AbC correction) alias ... inside the 4th one (5(b5)'s) ... (TP 13015) waiting for the 5th one @13015 (TP 13230) (next wave : a(c) @ 13230 ... wait & see) P.S. maybe ... {image}
we could be in the b5 wave (composed of 5 parts) of ...
... an AbC (TP 13200)

P.S.
b5 minimum could be slightly above that b3composed wave of
... panta rei ... (Heraclitus of Ephesus, 535-475 BC)
  • #690
  • Dec 1, 2017 1:39am Dec 1, 2017 1:39am
I really like strong sell moves, the profits are usually much faster . I took just one trade, in 1 minute I had a profit of 775 USD. There is nothing more I can say to this trade. Context was really clear: strong down move, impulsive swing, one downside of this trade was slightly negative RRR.

Attached Image (click to enlarge)
Click to Enlarge Name: dax_1_12_trade.png Size: 107 KB
  • #691
  • Dec 1, 2017 3:04am Dec 1, 2017 3:04am
Anyone here like MACD divergence, I do, and there's very nice divergence atm on the 3m tf, and combined with S3 pivot, it could be a powerful but signal, could be....
  • #692
  • Edited 4:06am Dec 1, 2017 3:28am | Edited 4:06am
Quoting mag00
{quote} we could be in the b5 wave (composed of 5 parts) of ... ... an AbC (TP 13200) P.S. b5 minimum could be slightly above that b3composed wave of
Dax30 (h4)

my view ...

P.S.
a new minimum is likely: the readings are in AbC mode
Attached Image (click to enlarge)
Click to Enlarge Name: Dax30 (h4).png Size: 66 KB
... panta rei ... (Heraclitus of Ephesus, 535-475 BC)
  • #693
  • Dec 1, 2017 4:20am Dec 1, 2017 4:20am
That's it, this should keep climbing now, though I have no idea how high it'll go. If you're not in on the long side, but looking for an opportunity, then I think it is about to pull back a bit because first the 1m 100sma then the 200sma got beneath the price, and it normally pulls back to one of these two before continuing up. especially off of the 200ema which it is straddling atm. TP? Well, difficult to say, but this will be a trade to hold over the weekend at BE that's for sure, unless it can get all the way back to where it started the day, which was up on the CP @ 13,075 on my charts.
  • #694
  • Dec 4, 2017 4:34am Dec 4, 2017 4:34am
Dax is making hard work of this slow upward climb today isn't it?

It can still accelerate northwards, but all depends on what New York does now. ATM, Dow is being bought, and I've got a potential resistance level at around 24,520. Above that, and it is free to fly.

Resistance on Dax I've got 050 where we are now, then another level at around 065, and above that, the 90 minute 200ema area which is just below today's R1 pivot @ 080/ Above that, and it looks clear to 160 or so.
  • #695
  • Dec 4, 2017 4:57am Dec 4, 2017 4:57am
last time Dax went through the lows and closed above, we saw a nice rally. Will history repeat?

I am not sure, Dow accelerates and Dax is on Valium - as if she is waiting for Dow bears to pop up or something..
Attached Image (click to enlarge)
Click to Enlarge Name: DE30Daily04.12.17.png Size: 45 KB
  • #696
  • Dec 4, 2017 7:58am Dec 4, 2017 7:58am
Quoting cat
Dax is making hard work of this slow upward climb today isn't it? It can still accelerate northwards, but all depends on what New York does now. ATM, Dow is being bought, and I've got a potential resistance level at around 24,520. Above that, and it is free to fly. Resistance on Dax I've got 050 where we are now, then another level at around 065, and above that, the 90 minute 200ema area which is just below today's R1 pivot @ 080/ Above that, and it looks clear to 160 or so.
That held very solidly...reached 534 but the rising price moved the MA up a bit from where it was when I made the call, so pretty much spot on. Dax has fallen like a rock from its high, not that there was resistance as much as there was resistance on Dow, and when they began selling that, they also began selling Dax.
  • #697
  • Dec 4, 2017 11:36pm Dec 4, 2017 11:36pm
I'm expecting a good push up this morning on Dax. It's already hit the 76.4% fib plotted from the Nov 30th high, so it'll most likely drop back down again from here ( which it now has done whilst typing ) to pick up support, which looks strong on around today's CP @ 13,042, though it might not drop back that far. If it does though, and wants to keep going south for a while, then I have lower support on the 15m 200ema @ 038, which is also right on top of the 61.8% as fib retrace as things stand atm. Lower than that, then the 76.4 is at 025, and the very lowest support I have is at 013.

A possible high for today has got to be the H3 200sma which sent the price back down on the 29th and 30th, and today I have that ma at 155. Above that R2 is at 186, and that is also a possible high if it really pushes up, but above that is not in my reckoning today. Once it does summit out, then as we have seen recently, it could fall back hard.

Good luck!
  • #698
  • Dec 5, 2017 12:58am Dec 5, 2017 12:58am
The 76.4% plotted from the 29th Nov high is holding it to the upside for the second time, so that's obviously pretty strong R for today. Lots os support though around the levels posted above, so we'll have to see what they want to do with it, but as of now, it's trapped in this range, and I'm not expecting it to come down too far, so anyone short from this 76.4% fib best to hold it at BE and reverse the trade if it looks like setting up for another northbound push.
  • #699
  • Dec 5, 2017 2:33am Dec 5, 2017 2:33am
13,000 should, and I emphasize should, be a strong support level. If it breaks, then there is nothing left for it but to put the fibs on, the lowest being the 76.4% @ 12,888, with S2 just above @ 897
  • #700
  • Dec 5, 2017 3:01am Dec 5, 2017 3:01am
50% and S1 now, so that's another potential support level, but momentum still down, so this needs to put in a higher low for the support to be confirmed. We won't be making new lows for the month though today, unless some news comes out to push it lower. My best guess is that if it does push lower than the 50% fib, then somewhere between the 61.8% and the 76.4% will hold it, most likely around S2 which is at 12,897 today, and I will be extremely surprised to see it go much lower than that.
1 trader viewing now