DAX week 18Hello everyone,
This week, I offer my analysis of the movements of $GER30 during the week and my outlook for next week.
Have nice reading and be pleased to comment if you want.
So, what happens last week?
Monday: After a smaller progress in the European PMI than expected, which caused a fall in the morning.
The worst news of the day on the US ISM Manufacturing PMI, 60.7 whereas the consensus expected 65.0 and the PMI of March was 64.7, didn’t have any impact on GER30.
GER30 climbed on Monday, pushed by energy and materials on signs of an ongoing recovery because the reopening of the economy is still in a good way.
Tuesday: a big correction occurred.
First of all, investors dumped growth stocks to seek shelter in more defensive parts of the market, amid concerns on rising interest rate and uncertainty over an upcoming jobs report.
Then, Treasury Secretary Janet Yellen talk about the potential need for interest rate hikes further exacerbated the tech selloff, as investors worry higher rates would weigh on valuations of growth companies.
Wednesday: After the fall of yesterday, bulls tried a pull back with success.
$GER30 rose from around 2%, despite the PMI indicators which were medium.
Moreover, the result of the survey from ADP on jobs helps $GER30 to continue the rise.
Thursday: Fear of inflation compensate the optimism of bulls but finally $GER30 finished in green.
Friday: The optimism on US jobs report pushed $GER30 to the top but when the news came out, the disappointment encourage $GER30 to fall until the bull looked at the $NSDQ100 and realize that it was not such a bad news (thinking at the speech of Yellen earlier in the week).
This week, I took the opportunity given by Janet Yellen to reduce my exposure on $GER30 because even if an important fall is coming and I be part of it, it seems to be postponed to June ;-) . I decided to keep around 10% of my portfolio on $GER30 in case an event urge it.
My perspective for next week:
- 50% : $GER30 stay in the range 15176- 15412;
- 20%: $GER30 rise to is top 15514 and don’t go higher;
- 20%: $GER30 fall under 15176;
- 10%: $GER30 rise over is top.
What to follow next week?
Globally:
- The situation in India and the possible discovery of an Indian coronavirus case in Germany or in Europe.
- Inflation: the rise of petrol and other raw material, moreover most of the country are giving their inflations number for April.
- The US 10 years interest rates.
Day by day:
- Monday: Calm;
- Tuesday: Inflation in China (PPI), German and UE ZEW economic sentiment, US JOLTs Jobs opening and OPEP monthly report on $OIL;
- Wednesday (the big day!):
- Inflation: UK, Germany, France, US and India
- UK: GDP and Manufacturing Production;
- US: Crude Oil;
- Thursday: US: initial jobless claims and PPI (which affects inflation).
- Friday: ECB Monetary Policy, US Core Retail Sales and Retail Sales ans Michigan Inflation Expectations.
I wish you a good trading week,
Please feel free to ask me questions, I will be glad to connect with you over the comments or by private messages.
Stay safe,
Alexandre
GER30 CFD
DE30 Buy the support.GER30 - Intraday - We look to Buy at 15123 (stop at 15074)
Daily signals are bullish.
We look to buy dips.
Following yesterday's bullish candle, the overall trend higher looks set to continue today.
We look for a temporary move lower.
Our profit targets will be 15269 and 15299
Resistance: 15200 / 15250 / 15300
Support: 15150 / 15120 / 15090
DAX - Going higher once more before stalling end May and June ?Price has been pretty easy to ready up to now as you can see an impulsive move up where wave (iv) is a clean Zigzag correction with a Triangle for orange wave b.
This indicates that this move down is counter and not establishing a new down trend.
Therefore we can expect price to go higher once more to finish blue wave (v).
As you can see there's a nice Fib cluster around the 15700/15900 zone, so be aware of that as it could act as resistance and might be the turning zone.
This setup is of course invalidated if price drops below 14845.
-> Buying here with a stop at invalidation gives a Reward/Risk of a bit less than 2:1 so, try and find a better place for your stop if you want to improve your R/R ratio. (Hint look at smaller time frames)
all posible scenario today dax must start go down , in 3 place you must buy but trend will + ,if dax can break up trend line ,can fly up to near 16000
personaly i predict = dax today go down to 14980 fibo 61%(dax love pull back to fibo 61%) then will start new + trend to near 16000
ALERT= be carefull for pick sell on upper trend line 15250 ,dax can break it up and never pull back,100% put SL=40 or last high 15295
put buystop on 15270 and buylimit on fibo 61% 14980 (sl=low 14830) wait 7-8 day is powerful idea
if you have open sells ,close them on fibo 61% and put hedge buystop 153000(if this buy open, never close it before sells,frist close sells then buy) (if you in futures market use micro dax FDXSM2021 for hedge)
DE30 Buy a break setup.GER30 - Intraday - We look to Buy a break of 15222 (stop at 15179)
Daily signals are bullish.
A break of 15220 is needed to confirm follow through bullish momentum.
Pivot support is at 15085.
Dips continue to attract buyers.
Our profit targets will be 15339 and 15369
Resistance: 15200 / 15250 / 15300
Support: 15120 / 15085 / 15000
DE30 Sell the resistance.GER30 - Intraday - We look to Sell at 15328 (stop at 15377)
Price action continued to range between key support & resistance (15100 - 15350) although we expect a break of this range soon.
Pivot resistance is at 15350.
Preferred trade is to sell into rallies.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Our profit targets will be 15191 and 15161
Resistance: 15250 / 15300 / 15330
Support: 15200 / 15150 / 15100
Wednesday: DAX - Week 18I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
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as we predict 20 days ago,dax fill gap 14850this mean 80% we will see new + trend to 15800-16000
20% can go down fill gap 2 in 14650 then fly up to high
if you have old sells 100% close all now , dax in way to 17000
advice=looking for buy , dont allow 2-3 red candel force you open sell(trend is super +)
keep monitor AC accelator occilator (if you dont have it use stoch 5.3.3) in 30-240min chart
now AC on 4hour going to green =+ trend,buyer comming
good luck enjoy bull market in 2021-2022
Tuesday: DAX - week 18I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
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RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Tuesday: DAX - Week 18 Part 2CHECK OUT THE UPDATED IDEAS, IN MY PREVIOUS DAX POST - and you can see how and why I changed my directional bias
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
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SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Tuesday: DAX - Week 18I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
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SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Nasdaq Diaries May Market Review In this video, I share some of our sentiments on the direction we speculate the indices to take for the month of May.
Nasdaq100
Ftse100
Nikkei225
Dax30
If you wish to learn how to trade stocks or indices you may DM me for more information.
Comment, like and follow.
Thanks for the support
Namaste
Scenarios: DAX - Week 18I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
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💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
DAX week 17Hello everyone,
This week, I offer my analysis of the movements of $GER30 during the week and my outlook for next week.
Have nice reading and be pleased to comment if you want.
So, what happens last week?
Monday to Wednesday: During the beginning of the week, the $GER30 ranged between 15250 and 15320, waiting for the decision of the FED. That is why, I took some position to take some profits of the range.
Thursday to Friday: $GER30 faced the fear of investors. Inflation is coming and despite what the FED say, the market will take it into account. Thus, $GER30 fall a little bit during those days.
Some persons may have noticed that I took a selling position on $NSDQ100 on Tuesday… My goal was to take advantage of the fall which occurred after the FED decision but unfortunately my position got close by my breakeven stop loss (after a move of 100 points, I put my stop loss to breakeven but it was too early).
My perspective for next week: Honestly next week is hard to analyse. I have difficulties to see a good news which could cause the $GER30 to have a big rise, in my opinion the fall is more realistic. Nevertheless, a range is clearly possible.
What to follow next week?
Globally:
- The situation in India and the possible discovery of an Indian coronavirus case in Germany or in Europe.
- Inflation: the rise of petrol and other raw material.
- The US 10 years interest rates.
Day by day:
- Monday: German Manufacturing PMI;
- Tuesday: GBP Manufacturing PMI and US Trade Balance ;
- Wednesday: US ADP Non farm payroll and US Crude Oil;
- Thursday: UK interest rates and US: initial jobless claims.
- Friday: German Industrial Production and Trade Balance, US Non farm payroll and unemployment rate.
I wish you a good trading week,
Please feel free to ask me questions, I will be glad to connect with you over the comments or by private messages.
Stay safe,
Alexandre
DAX - What's next?DAX - What's next?
Yesterday the DAX idea I posted was spot on went to key support area the next support area is interesting we could get further decline.
Support: 15090, 15035, 14925
Resistance:15215 & 15249.0 (Anywhere above bulls are back in control above 200EMA)
Pattern: Wedge /Double top smaller term may develop
Personally, I am loving scalping and day trading DAX I do feel indices overall globally are over extended apart from FTSE of course, I think the indices will get more interesting around summer and mostly in August if not definitely at the end of the yr due to fundamental aspects that may occur.
Seasonality wise: May is usually a good month for the bears for Indices.
Have a wonderful day ahead.
Trade Journal
(Just a trade idea, not a recommendation)
DE30 Buy the uptrend.GER30 - Intraday - We look to Buy at 15281 (stop at 15239)
Daily signals are bullish.
Our short term bias remains positive.
The trend of higher lows is located at 15280.
Dips continue to attract buyers.
We look to buy dips.
Our profit targets will be 15396 and 15436
Resistance: 15350 / 15375 / 15400
Support: 15330 / 15300 / 15250
DE30 buy the dip.GER30 - Intraday - We look to Buy at 15181 (stop at 15129)
Daily signals are bullish.
We look to buy dips.
Pivot support is at 15176.
The previous swing low is located at 15160.
20 1day EMA is at 15157.
Our profit targets will be 15323 and 15363
Resistance: 15300 / 15350 / 15375
Support: 15280 / 15250 / 15200
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DAX week 16Hello everyone,
This week, I offer my analysis of the movements of $GER30 during the week and my outlook for next week.
Have nice reading and be pleased to comment if you want.
First,I want to apologize for last week. Due to lockdown in France, I didn’t have time to formalize my analysis.
So, what happens last week?
Monday: The first take profits day… A small fall of $GER30 which took place in two phases the first one during the European opening and then the second one during the US opening.
Tuesday, was in the continuation of Monday.
Wednesday: I will call Wednesday a calm day because all the profit taken were supported by an investor whom was happy to enter during a retracement.
Thursday: The day started in the middle of the range, thus, it roses to the upper part of the range and when it roses too much a big take profit occurred.
Friday, it tested the complete range… after a fall due to the rise of interest rates in Russia, the GER30 was pushed towards the upper part of the range by the good indicators in the US.
We are currently in the range 15175 - 15275, thus my perspectives for next week are:
- Monday in the morning, the futures will try to rise but the recent high in the $US30 will push all the indices down;
- Then during the rest of the week I think it will continue in his take profits cycle because the end of the month is coming.
What to follow next week?
- Monday: German Business Climate, Core Durable Goods Orders;
- Tuesday: Japan Interest rates, US CB consumer confidence ;
- Wednesday: FED interest rates decision;
- Thursday (Big day like always):
- German Unemployment change;
- US: GDBP, initial jobless claims.
- Friday: Chinese manufacturing PMI, European CPI.
I wish you a good trading week,
Please feel free to ask me questions, I will be glad to connect with you over the comments or by private messages.
Stay safe,
Alexandre
dax show down trend starting dax can stand under ichmoku main green line, this mean 99% dax pro big trader want fill open gap on 14850
ALERT=in right of chart , see green fibo 161% (technical trader target) it show 13800 for target , be carefull from buy ,put sl in low
mr Biden 200% increase tax on investemts like buy stocks,index ... this will wake up bear(seller) reduce invest on stocks
www.marketwatch.com
technical say =looking for sell until 14850 , close buys,dont inter buy until 1850 =important open gap on cash xetra dax fill (100% will fill soon or late)
AC acelator and stoch 4hour show sell now ,mean powerfull seller comming
we will on green flash put buylimit with sl =40 trailstop=40
not=ichimoku is for trendy markets like gold,oil , not very good on zigzag market like dax dow,, use of it not advice , Donchian channel indicator better than it