-17pips for the day. here's what's wrong with me. I need to take at least 1:2 trades that way I can withstand periods of drawdown or consecutive losers that may result because of the market or my inability to read the price movement. I have tried ...

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Didn't expect Frankfurt to take it above my main resistance. Divergence on daily ?

Dax - Daily analysis and Discussion

well as I was typing it went beyond 12095. what does that entail ? let's wait on London for a proper buy or sell we may never know and its too early to call.

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price found support at daily 200ema 11958 and has since risen up last friday currently testing 12095. I have a range from 12095 my main resistance and 11958 main support. I don't think it will fall beneath this main support continuously without a ...

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-25pips thats max. missed the long opportunity at the open. not trading today. but will stay on the sidelines and observe PA. 15min resistance is capping further move up. not going to try catching falling dagger.

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Price currently sitting above 11958 daily 200ema thats our main S11958 Divergence still in play on 12h and 4h onto 1h and 30min divergence is yet to be seen, however we have one formed on 10min. I like the candle on 30min thus far. R1 12003 which ...

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I guess I'll call it a day here with +1pip for the day :-) If you're an efficient trader 2hours into London open you'd be calling it a day on most days. I might be back around US open.

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Todays been one of those days where if you've set your sight on trading DAX through London open you must have a bias, and you only pull the trigger once your bias is confirmed usually 30-50minutes into the session it is determined (at least based on ...

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now we're back to 12099, anything can happen here. but still a prominent support. I can see a possibility of divergence forming on 10min and 15min. I'll wait until then.

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no doubt today was a tough morning for DAX but it doesn't mean that it couldn't have been traded profitably. Just had a quick analysis. This is where I went wrong. Trend line broker , horizontal resistance retest 40minutes after the initial break ...

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its a tight range an hour into London from 12139-12126 I can't read the PA on 3min although on 10min and above its starting to build for an upward move. still uncertain if it does fall however it goes without me range too tight to go for a sell from ...

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I'm sensing it wants to push higher now.

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it's going to be a tough morning.

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If shoots up immediately at London open to 12175-12195 area. Its a sell for me. But we'll have to wait and see what London will do.

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If price finds support at interim support which held twice during US session 12135 might want to buy it until 12175.

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Resistance range 12195-12175 yesterdays upper ceiling. Interim support 12135 Lowest point 12095 My bias is short. Unless it closes above my 30min 20ema bias remains bearish. I'll be looking for ways to short DAX.

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I was wondering why DAX had come down as fast it went up settling below 200emas across all major TFs yesterday during US session. I'm sure asian equities had a blast this morning.

Dax - Daily analysis and Discussion

don't think it will reverse today. calling it a day. today is a good example that we shouldn't bother calling it a top or a bottom and try to trade with the momentum. although I didn't manage to determine the direction upon London open, I was ...

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last support in play. if this fails then we go further down.

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finally some sign of upward move.

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