le le majko... video video

What kind of music you hear while you trade?

Nice rejection at 30m 200sma, and 4H 20sma... it can drop from here. Let's see.

Dax - Daily analysis and Discussion

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What kind of music you hear while you trade?

Out for +40... Still have some residual positions left. Also was Short on EU at +40, but closed out a chunk of those trades too. All remaining positions at SL BE.

Dax - Daily analysis and Discussion

I'm placing a Short over the weekend on the Dax, I just think it might take a day or two before a Coalition is formed in Germany, and this uncertainty may create some temporary weakness. Let's see. Could burn me, but willing to try.

Dax - Daily analysis and Discussion

Looking down here, all Longs closed for small profits.

Dax - Daily analysis and Discussion

Yeah, I see Daily trend still up, with my support on Daily 7sma at 543. I've setup a Long trap at this level with a 25SL. Yesterday it took a blow like a Connor McGregor knock-out, from my R3 610 and BRN 600... Overall trend is still up for me, but ...

Dax - Daily analysis and Discussion

I have 697 as the next target, being the 76.4% Fib... It might take a day or two to get there though.

Dax - Daily analysis and Discussion

Nth Korea back in the news again, ready to sink Japan and USA... markets will get nervous at these levels.

Dax - Daily analysis and Discussion

Its inverted H&S pattern on 1m TF, so could rise... but otherwise, higher TFs its suggesting lower... 515 tough to break as mentioned above. Its probably another consolidation day with a slight retrace lower, then another rise in a few days time. ...

Dax - Daily analysis and Discussion

Agree with the above, although I have a lower support at 430, which could be the lowest it goes in this retracement if the up-trend remains intact and goes to new highs from there.

Dax - Daily analysis and Discussion

Shaping as a consolidation day, and I can see this going higher again in next day or two, ceteris paribus, unless there is a major event/news that can break it.

Dax - Daily analysis and Discussion

Probably just a consolidation day, and it might be consolidation for a day or two in a narrow band, then my guess is one more leg up, then she might get nervous around the 700-900 levels again, and probably drop from there. That's my best guess ...

Dax - Daily analysis and Discussion

These days are always tricky setups. I have some resistance at 510, 520 and 537. Supports at 480, 430, 410, 400, 380.

Dax - Daily analysis and Discussion

video video

What kind of music you hear while you trade?

Knocked out... -0

Dax - Daily analysis and Discussion

Short here at 542.8... looks like bearish divergence. let's see. SL at BE

Dax - Daily analysis and Discussion

Still early, but could be a rejection at 61.8% 538.... I took a long and exited at 537 on XO. Have to monitor now.

Dax - Daily analysis and Discussion

Good times... video video

What kind of music you hear while you trade?

Just some high level fundamental analysis on Global Equities: FTSE has an Avg PE ratio around 34. Dow has an Avg PE ratio around 30. Dax has an Avg PE ratio around 22. Hang Seng has an Avg PE ratio around 14. * Perhaps Dax and Hang Seng have more ...

Dax - Daily analysis and Discussion