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Daxshort

Two way scenario for playing DAXLet's start with daily chart; Downtren started in January 2018 still continues. Value tested the resistance 3rd time on July 25th and than steep fall has been started. Now when we come to 2hours chart, we can see steep fall trend line started on July 25th better. Today the price is going up and seems like that it will test the resistance of trendline 4th time. Let's wait and see the reaction of value once it hits to resistance; Scenario1 in purple arrow (More likely to happen); Resistance will work one 4th time and push the price down to 11276 support line Strategy: Play short on DAX target should be around 11300. Stop loss will be the orange triangle resistance. Scenario2 in green arrow (Less likely to happen): Price will break the resistance and go up. We need to see narrowing bollinger bands for this movement and RSI should break the downtrend line. Another indicator we should be looking is moving average, if it can pass thorough the bollinger middle line upwards. Strategy: Play long by the time of breaking point (most probably around 11650), Target1 will be 11830. Than we can see some slow down and than continue to upper channel and Target2 will be around 12100. RSI is also confirming both movements, we have to check it closely to see the move.
XETR:DAX
by Emrut
Dax daily: 15 Aug 2019 Our market analysis didn't go well yesterday. We've had clues for the uptrend continuation and breaking of Tuesday's high. Instead of that, Dax gave us the complete opposite and formed a big daily sell-off. Today we open with an ascending gap. Important zones Resistance: 11 899, 11 629 Support: NIL Statistics for today Detailed statistics in the Statistical Application The statistical probability for breaking yesterday's low is 96% Macroeconomic releases NIL Today's session hypothesis We anticipate the bullish correction until yesterday's mid-range. The resistance level of 11 629 or even lower could be a good zone for sellers to target yesterday's low, which has a really high statistical probability. Even though we have such a powerful hint for today's price direction, it is important to remember that markets might always behave erratically and the statistic might not be fulfilled.
EUREX:FDAX1!Short
by FTMO
Dax daily: 13 Aug 2019 Monday's session brought the initial short which broke our trend line. After breaking yesterday's low, buyers stepped in to retest the trendline just to allow bears to take it lower again. The price was then closed near its intraday low. Important zones Resistance: 11 899, 12 031 Support: NIL Statistics for today Detailed statistics in the Statistical Application The statistical probability of breaking yesterday's low is 83% Macroeconomic releases 11:00 CEST - German ZEW Economic Sentiment Today's session hypothesis Today we expect a breakout of yesterday's low which has a good chance as per the statistics. Our short trades then have a clear target. We can find sellers around the trend line from yesterday. Considering the low at 11 538 has been retested thrice already, it is now likely to see a breakout with a further downside continuation. In case buyers take control after the low breakout, it is more probable the price will oscillate inside yesterday's session.
EUREX:FDAX1!Short
by FTMO
Dax daily: 02 Aug 2019 Bulls were fast yesterday to take the central stage right from the beginning. The uptrend was steady with slight corrections on the way. Their efforts were halted by US President Trump and his flash Tweets which sent global markets to a hole, Dax inclusive. The session was closed lower at 12 065. Important zones Resistance: 12 283 Support: 11 979 Statistics for today Detailed statistics in the Statistical Application Macroeconomic releases 14:30 CEST - USA - NFP, Wages & Unemployment Rate Today's session hypothesis Today's session will probably be characterized mainly by the Non-Farm Payrolls release over the pond. The volatility from the US Markets often echoes to Dax too. Besides the headline NFP, be careful to monitor the wages as these tend to matter most. Today's session was opened with a 60 points gap which actually has a very low probability of being closed. Considering this, we rather favour bears and the price decline. Yesterday's low was already broken and the next support that awaits us lays at 11 979 which also isn't any far.
EUREX:FDAX1!Short
by FTMO
DAX DEU30 SHORT After pullback to the resistance level 1HR Chart#Dax #Deu30 Hello to all watching my charts In German biggest Index Dax , DEU30 we had had a fake breakout long and now comes the opposite ofe them here , we have a big falling down in the short aerea. Dax fall below both of my black lines = Below of both resistance / Support lines. So the support lines from 10.7. now changed to resistance levels /lines And exakt at that level Dax today headed (12320) Such a change in mind from long breakout / fakeout LONG to SHORT is a big change in market view. So i estmimate here in Dax lower prices in th next future Good trades If you want to support my work and my charts,please like them... Renkotrade
TVC:DEU40Short
by Renkotrade
1
Dax daily: 18 Jul 2019 Yesterday's session was exemplary from the price action point of view. The descending trend line functioned as a resistance and the price bounced off that level. Bears were aggressive enough to create a strong momentum, pushing Dax lower till the session end. This strongly negative day was closed at 12 294. Important zones Resistance: 12 293, trend line Support: 12 189 Statistics for today Detailed statistics in the Statistical Application Macroeconomic releases NIL Today's session hypothesis This morning, Dax opened with a descending gap which is sized 94 points. No surprise that yesterday's bearish momentum prevailed and the priced gapped in the same direction. The probability of closing the gap today is relatively small. Although the price dropped down to touch the support zone of 12 189, it doesn't necessarily mean Dax can't continue even lower. We estimate the initial correction of yesterday's downfall followed by another bearish action.
EUREX:FDAX1!Short
by FTMO
Dax daily: 26 Jun 2019 We welcome all to a mid-week analysis. The support level at 12 191 we mentioned yesterday functioned perfectly as this was retested right after the open. Contrary, the resistance zone of 12 230 didn't have much significance. Dax found some bearish pressures at a higher price of 12 266 and following was a downside move to a very near intra-day low. Important zones Resistance: 12 282 Support: 12 120, 12 049 Statistics for today Detailed statistics in the Statistical Application The statistical probability for breaking yesterday's low is 83% Macroeconomic releases NIL Today's session hypothesis For today, our major key for establishing the price projection is the high statistical probability for the breakout of yesterday's low. Hence all sell positions have a clearly defined target. Another target to keep an eye on is the support level around 12 120 where we hope to find some buyers.
EUREX:FDAX1!Short
by FTMO
Dax daily: 17 Jun 2019Welcome to a new trading week. Friday’s session turned out exactly as expected. From the beginning of the session, Dax went through our first support level at 12 121 to retest the second support level laying at 12 054 where the price bounced and even formed a daily low there. Later on, Dax slowed down in the consolidation area from Wednesday and we even closed in this range. Important zones Resistance: 12 148 Support: 11 987 Statistics for today Detailed statistics in the Statistical Application Macroeconomic releases 19:00 CEST – ECB President Draghi Speaks Today’s session hypothesis The gap has already been closed so we’re short of one daily target. If we find bearish momentum, the price could head lower to retest the weaker support at 11 987. Talking about higher levels, there is one weaker resistance level at 12 148, however, if the price gets all the way there, it is likely Dax will retest the Friday’s high and the zone of 12 200.
EUREX:FDAX1!
by FTMO
Dax daily: 30 May 2019 Bearish momentum continued yet for another day in a row. After the open, Dax took a south direction and the price reached the support level of 11 861 without any problem. This level was retested a couple of times before the price eventually closed there. Yesterday’s price action took us to the low formed on 01 April. Important zones Resistance: 11 986, 12 063 Support: 11 861, 11 827 Statistics for today Detailed statistics in the Statistical Application The statistical probability of closing the gap is 69% The statistical probability of breaking yesterday’s low is 96% Macroeconomic releases NIL Today’s session hypothesis Although the trading is limited today in many countries due to the public holiday and Eurex is partially closed, Dax market is open as normal. For today, we have quite some interesting leads given by the Statistical application. The most important is the probability of 96% to break yesterday’s low and this could signify further downfalls. When we look at the chart from a longer time perspective, there is a lot of room for sellers after breaking the 11 861 barrier. As of now, this level functions well and holding the price. Let’s keep a sharp eye on how this situation evolves.
EUREX:FDAX1!Short
by FTMO
DAX Chart 1 HR 30.04.2019 13:0 German time Hello to all watching my charts. Dax moved out from the long channel and is now drifting sideways. In my view no time to act at the moment in long or short direction. On the sownside to short there is support at around 12260 (blue lower line) If it breaks that also its short time in m< view. On the upside the next barrier resistance is 12350 aerea. (blue upper line ) If Dax will breake these level maybe Dax can move up in the long channel again and its time for a procyle action long. Best is to wait what will happen. Good trades
TVC:DEU40
by Renkotrade