Morning could be fireworks today below 10168 and 10139
But why go lower?
- #2,862
- Apr 23, 2020 3:33am Apr 23, 2020 3:33am
- | Joined Dec 2014 | Status: Trader | 1,638 Posts
Morning could be fireworks today below 10168 and 10139 ,huge levels to watch as a break would send daxcfd down heavy
can you explain, what is your reasoning for this outlook?
- #2,863
- Apr 23, 2020 3:33am Apr 23, 2020 3:33am
- Joined Aug 2014 | Status: Trader | 85,429 Posts
I call upon my father's spirit , watching over me
- #2,864
- Apr 23, 2020 3:35am Apr 23, 2020 3:35am
- Joined Aug 2014 | Status: Trader | 85,429 Posts
I call upon my father's spirit , watching over me
- #2,865
- Apr 23, 2020 3:38am Apr 23, 2020 3:38am
- Joined Aug 2014 | Status: Trader | 85,429 Posts
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- #2,866
- Apr 23, 2020 3:39am Apr 23, 2020 3:39am
- Joined Oct 2010 | Status: Trader | 4,465 Posts
{quote} morning.. please not
Trend reversal but only if those levels are broken, look at the peaks and troughs on 4 hourly and hourly
Follow The Markets Structure - Patience and Discipline
- #2,867
- Apr 23, 2020 3:45am Apr 23, 2020 3:45am
- Joined Aug 2014 | Status: Trader | 85,429 Posts
I call upon my father's spirit , watching over me
- #2,868
- Apr 23, 2020 3:48am Apr 23, 2020 3:48am
{quote} Trend reversal but only if those levels are broken, look at the peaks and troughs on 4 hourly and hourly
- #2,869
- Apr 23, 2020 3:52am Apr 23, 2020 3:52am
- Joined Jan 2016 | Status: Trader | 2,972 Posts
on a postive roll...
- #2,870
- Apr 23, 2020 3:52am Apr 23, 2020 3:52am
- Joined Aug 2014 | Status: Trader | 85,429 Posts
I call upon my father's spirit , watching over me
- #2,871
- Apr 23, 2020 3:57am Apr 23, 2020 3:57am
- Joined Oct 2010 | Status: Trader | 4,465 Posts
{quote} Could easily go to 435-450 before reversing lower. That's why I asked. We have a shorter tf here
Yes i know that here you trade short term tf , an overall view can help with the short term ,
it could and probably will go to 435-450 as the hourly swing has not been fully reversed yet so of course a retest somewhere higher is more likely short term.
Follow The Markets Structure - Patience and Discipline
- #2,872
- Apr 23, 2020 5:22am Apr 23, 2020 5:22am
- Joined Aug 2014 | Status: Trader | 85,429 Posts
{quote} I'll back just after midday. Orders placed as indicated previous post.
+ 55,5 and + 63,5 pips DAX CFDs.
Now I have only 2 DAX CFDs 359,5.
Stop at breakeven only for 1 position and target 460 (+100).
The other one has no stop and no target for now.
+74 pips FDXM and +238 pips DAX CFDs gained so far today.
US Jobless 14:30CET main data for today and then Video Conference EU PM for European recover Fund later afternoon/evening.
I'll back before US data. Many video school video lessons in my house this morning....a total chaos, but it's almost ordinary here......
I call upon my father's spirit , watching over me
- #2,873
- Apr 23, 2020 5:34am Apr 23, 2020 5:34am
- Joined Aug 2014 | Status: Trader | 85,429 Posts
Anyway we are inside a strict narrow range, so no clear trend imho.
DAX FUTURES 15 min chart updated 12:30CET here below (as usual add 10/15 pips for DAX CASH INDEX prices)
DAX FUTURES 15 min chart updated 12:30CET here below (as usual add 10/15 pips for DAX CASH INDEX prices)
I call upon my father's spirit , watching over me
- #2,874
- Apr 23, 2020 6:25am Apr 23, 2020 6:25am
- Joined Aug 2014 | Status: Trader | 85,429 Posts
Some rumours just went out for EU PM video meeting late afternoon/evening.......a potential trigger for sharp market moves later!
I call upon my father's spirit , watching over me
- #2,875
- Apr 23, 2020 7:02am Apr 23, 2020 7:02am
- Joined Aug 2014 | Status: Trader | 85,429 Posts
I call upon my father's spirit , watching over me
- #2,876
- Apr 23, 2020 7:12am Apr 23, 2020 7:12am
- Joined Aug 2014 | Status: Trader | 85,429 Posts
Now I have only 1 DAX CFDs 359,5.
No stop loss and no target for now.
A couple of huge US data starting 14:30CET and then 15:45CET will lead us through the afternoon.
As usual very optimistic view from Deutsche Bank....
No stop loss and no target for now.
A couple of huge US data starting 14:30CET and then 15:45CET will lead us through the afternoon.
As usual very optimistic view from Deutsche Bank....
I call upon my father's spirit , watching over me
- #2,877
- Apr 23, 2020 7:53am Apr 23, 2020 7:53am
- Joined Aug 2014 | Status: Trader | 85,429 Posts
US Futures on the rise, while Europe and DAX not so impressed!
Just noticed that there were many shorts in place on DAX XETRA, probably too much and now they are covering their positions....
Just noticed that there were many shorts in place on DAX XETRA, probably too much and now they are covering their positions....
I call upon my father's spirit , watching over me
- #2,878
- Apr 23, 2020 7:55am Apr 23, 2020 7:55am
- Joined Aug 2014 | Status: Trader | 85,429 Posts
I call upon my father's spirit , watching over me
- #2,879
- Apr 23, 2020 8:19am Apr 23, 2020 8:19am
- Joined Aug 2014 | Status: Trader | 85,429 Posts
{quote} Do not worry. Last time DAX CASH INDEX had 100 points range or even less was for 2 days in a row 18 & 19 February (17th Feb no matter for me, it was US holiday). Look what happened the days after and the weeks after: an historical explosion of volatility! Anyway I don't care too much, because I'm working in decent way on both phases....... or better say I worked. Nothing's sure about tomorrow here!
As I wrote yd evening, last time DAX CASH INDEX had a range minor than 100 points was on mid-February (17th was US holiday).
Everybody knows what explosion we had after.......
I call upon my father's spirit , watching over me
- #2,880
- Apr 23, 2020 8:41am Apr 23, 2020 8:41am
- Joined Aug 2014 | Status: Trader | 85,429 Posts
I call upon my father's spirit , watching over me