17-01-2018 Dax Technical Analysis

DaxTrader

The DAX has a reputation for being a volatile market and yesterday was a good example of its unpredictable behaviour. 17-01-2018 DAX Outlook Well, it’s not looking great for buyers right now so waiting for a retracement down to the 13050-13150 zone and/or watching for a reaction and change in behaviour to get long is a popular … OPEN THE ARTICLE

16-01-2018 Dax Technical Analysis

Hello traders. The ECB rate hike speculation is increasing, and so are the number of column inches devoted to QE coming to an end. These fundamental factors are playing their part in the current disparity between the DAX and the US indices. There is also a lot of Brexit talk, specifically around how damaging it … OPEN THE ARTICLE

15-01-2018 Dax Technical Analysis

15-01-2018 Dax Charts Dax Daily Chart Let’s jump into the charts and take a look at the Dax daily. I have marked out the P0-P5 pivots here and draw a centre line through pivots P1 and P4, as per Alan Andrew’s original course. This centre line forms the basis of an ACR line set (Action, … OPEN THE ARTICLE

12-01-2018 Dax Technical Analysis

Hello traders. It seems Seehofer, Schultz and Merkel have been busy busy busy. If I’ve understand things right: The SPD wants money, the CSU expects refugees. The SPD wants to buy their voters and the CSU wants to protect their clientele from the effects of global poverty migration? And even if a deal is made, … OPEN THE ARTICLE

11-01-2018 Dax Technical Analysis

Hello traders, good morning. I hope that your trading week is going well. Yesterday in the article we discussed that we saw the first bearish gap for some time. It turns out that this bearish gap lower was the start of the retracement from the top of the expanding pivot setup. You can see that … OPEN THE ARTICLE