Get started

Dax40

DAX40 Crash - Short Signal - Swing TradingDAX40 is about to crash. A BIG short trade is pending its turn. Germany40 Index (GER40, GRXEUR, GER30) is trapped in a Bearish stance. Fundamentally, many things are against a Bull-Market at these times, but I mentioned that in my VIX spike idea. From a Technical Analysis standpoint, well, the picture is much clearer. Technicals: * A-B-C Elliott Wave Sequence * Running Flat Pattern * Bearish Harmonic: Cypher Pattern * Fractal Pattern: May-Dec '18 Sequence * Reversed Bearish Divergence * Bearish Divergence * Descending Channel * 61.8% Fibonacci Retracements of Primary A (red) * 88.6% Fibonacci Retracements of Intermediate (B) (white) * 100% Fibonacci Extensions of Intermediates (A) & (B) (white) Expected Outcome: * Powerful Bearish Impulse in Primary C (red). Trading Signal: * Entry @ 14550 * SL @ 15800 * TP1 @ 11200 * TP2 @ 9750 * TP1 @ 9000 Safety Measures: * When in the green, moving stop-loss at break-even.
FOREXCOM:GER40Short
by EW4X
2
Will DAX find buyers at market?GER40 - 24h expiry Offers ample risk/reward to buy at the market. The primary trend remains bullish. The 1 day moving average should provide support at 15923. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Bespoke support is located at 15900. We look to Buy at 15902 (stop at 15802) Our profit targets will be 16152 and 16192 Resistance: 15950 / 16000 / 16050 Support: 15912 / 15860 / 15800 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:DE30EURLong
by OANDA
DAX Sell signal but gets invalidated on this levelDAX is on a 2-day pullback with a new (dashed) Channel Up emerging. The index is already inside two long term Channel Up patterns. The RSI (1d) crossed under its MA level, calling for a technical pullback inside the borders of these Channel Up patterns. Trading Plan: 1. Sell as long as the price remains under Resistance (1). 2. Buy if it breaks above it. Targets: 1. 15740 (bottom on two Channel Up patterns). 2. 16950 (top on two Channel Up patterns). Tips: 1. The RSI (1d) has a Rising Support. Keep that in mind as if it holds you might consider closing the short position earlier. Please like, follow and comment!! Notes: Past trading plan:
CAPITALCOM:DE40Short
by TradingBrokersView
8