The price becomes bearish again, supports 11524 and 11511 and 11474
Attached Image (click to enlarge)
Carpe diem: Intraday tactics for Dax and Dow
- #29,123
- Feb 7, 2017 10:56am Feb 7, 2017 10:56am
Excuse me short DAX was closed early 11560 not on tp, but I had in the same time short DOW from 20130, tp 20100, but I forgot to write here.
I closed already and long DAX 11530, at 11548, because 11550 looks as strong resistance on small charts.
That was my short DOW from 20130.
I closed already and long DAX 11530, at 11548, because 11550 looks as strong resistance on small charts.
That was my short DOW from 20130.
- #29,126
- Feb 7, 2017 12:55pm Feb 7, 2017 12:55pm
Technically h4 chart has clear indications for huge drop. I can explain simple with 2 elementary indicators sma cross and opened lower bollinger.
In my opinion tomorrow's bottom is 11340. I will go short now, around 11555. This is what I expect for tomorrow:
In my opinion tomorrow's bottom is 11340. I will go short now, around 11555. This is what I expect for tomorrow:
- #29,127
- Feb 7, 2017 6:02pm Feb 7, 2017 6:02pm
- Joined Aug 2013 | Status: Trader | 4,057 Posts
Technically h4 chart has clear indications for huge drop. I can explain simple with 2 elementary indicators sma cross and opened lower bollinger. In my opinion tomorrow's bottom is 11340. I will go short now, around 11555. This is what I expect for tomorrow: forex 880.png;2177055 {image}
- #29,130
- Feb 8, 2017 2:29am Feb 8, 2017 2:29am
- Joined Jul 2012 | Status: Trader | 31,802 Posts
It's better to be out wishing to be in... than to be in wishing to be out!
- #29,133
- Feb 8, 2017 2:59am Feb 8, 2017 2:59am
- Joined Jul 2012 | Status: Trader | 31,802 Posts
It's better to be out wishing to be in... than to be in wishing to be out!
- #29,134
- Feb 8, 2017 3:02am Feb 8, 2017 3:02am
- | Joined Jun 2014 | Status: Learning how to be patient | 1,784 Posts
DAX possible down targets 490/480 But not much conviction in any market now. {image}
15min chart
But DAX broke bellow this rising TL, and now it is bellow cash index close, bellow futures RTH close... If it can crack 520/530 on futures, than 480/490 as you say is posible
Hope is dangerous in this game.
- #29,135
- Feb 8, 2017 3:08am Feb 8, 2017 3:08am
- | Joined Jun 2014 | Status: Learning how to be patient | 1,784 Posts
Hope is dangerous in this game.
- #29,136
- Feb 8, 2017 3:12am Feb 8, 2017 3:12am
Morning guys!
I hold shorts DAX since last night 11555. I explained in detail the technical reasons for a decline to about 11000 for DAX horisontal resistance and other indications h4, also as I commented yesterday I have signal for manipulation 11600 - 11000. There is and technically pull back for US and UK indexes. According to my calculations Nasdaq 5000, S&P 500 2200, Dow Jones 19500, UK 100 7000. In my opinion now is the time for shorts.
I hold shorts DAX since last night 11555. I explained in detail the technical reasons for a decline to about 11000 for DAX horisontal resistance and other indications h4, also as I commented yesterday I have signal for manipulation 11600 - 11000. There is and technically pull back for US and UK indexes. According to my calculations Nasdaq 5000, S&P 500 2200, Dow Jones 19500, UK 100 7000. In my opinion now is the time for shorts.