DAX/GER - HOPE YOU CHECK LAST SHORT TRADETeam, with DAX
last week, we suggested shorting at 20515-25, and we reached 3 of our target
Today, we find an opportunity to go to LONG DAX at 20208-20215
STOP LOSS at 20182 - extension to 20165
Target at 20245-56 - please take partial and bring stop loss to BE
Target 2 at 20272-83
Dax30
DAX Technical Analysis: Bearish Momentum Amid CPI VolatilityDAX Technical Analysis:
The price reversed from their ATH, and now has a bearish momentum as long as trades below 20350 will touch 20220 and then should break 20220 to continue the bearish trend toward 20020 and 19910.
Otherwise should break the ATH closing 1h or 4h candles above it to be a bullish area toward 20575
The market will be volatile due to the Result of CPI.
Key Levels:
Pivot Point: 20350
Resistance Levels: 20460, 20580
Support Levels: 20220, 20020, 19910
Trend Outlook: Bearish Momentum
DAX to breakdown?GER40 - 24h expiry
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Daily signals for sentiment are at overbought extremes.
A higher correction is expected.
A break of the recent low at 20259 should result in a further move lower.
Rallies should be capped by yesterday's high.
We look to Sell a break of 20245 (stop at 20365)
Our profit targets will be 19945 and 19845
Resistance: 20396 / 20474 / 20600
Support: 20259 / 20200 / 20119
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.
GER 40 Trade Log GER40 4H Long Setup
Trade Idea:
- Long in the 4H FVG post-CPI wick grab, following a potential exhaustion of the ongoing short setup.
Confluence:
- FVG Zone: Price retraces into the 4H Fair Value Gap, providing a strong discounted entry point.
- Liquidity Grab: CPI wick likely cleared liquidity below, setting the stage for a bullish reversal.
- Dynamic Support: 4H Kijun aligns with FVG, reinforcing the zone as a high-probability support.
Risk-Reward:
- Tight stop-loss below the 4H FVG.
- Targeting 1:2+ RRR with initial profit-taking at 20,400 and extended targets toward 20,500 .
Quick Take:
If CPI triggers downside liquidity sweep, this setup offers a clean bullish reversal opportunity. Watch for confirmation before entry!
GER 40 Trade LogGER40 1H Short Setup
Trade Logic:
- Setup: Short position initiated within the 1-hour Fair Value Gap (FVG) after a confirmed bearish structure and pre-market rejection.
- Confluence Factors:
- Fair Value Gap (FVG): Price retraces into a bearish FVG for a high-probability short entry.
- Break of Structure (BOS): Confirmed bearish break supports downside continuation.
- Kijun Resistance: 1H Kijun line aligns with the FVG, reinforcing dynamic resistance.
- Liquidity Grab: The price action indicates a sweep of liquidity above the FVG, creating strong rejection signals.
- Risk-Reward Ratio (RRR):
- Stop-loss set just above the FVG zone for tight risk management.
- 1:2.35 RRR as per chart, targeting liquidity zones below.
- Targets:
- TP1 near 20,309 , aligning with intermediate liquidity.
- TP2 around 20,250 for a deeper liquidity sweep.
Macro Context:
- Market Sentiment: GER40 shows bearish signals with a weakening broader market sentiment.
- Volume Profile: Declining buy-side volume within the FVG zone signals limited bullish interest.
- Pre-Market Behavior: Rejection from the FVG aligns with pre-market bearish tendencies, further supporting the setup.
Execution Plan:
- Short entry within the FVG zone, managing risk with a stop-loss above the FVG.
- Strict adherence to the 1:2.35 RRR with partial profit-taking at TP1 and remaining at TP2.
- Monitor market conditions and invalidate if price reclaims the FVG or breaks the Kijun level.
Extra Note: Keep an eye on macroeconomic triggers that could cause sudden volatility, particularly during the European session. Let me know if further adjustments are needed!
DAX forming a top?GER40 - 24h expiry
Sequence of 7 positive daily performances broken.
We are trading at overbought extremes.
Bearish divergence is expected to cap gains.
Short term MACD has turned negative.
A higher correction is expected.
Rallies should be capped by yesterday's high.
We look to Sell at 20415 (stop at 20535)
Our profit targets will be 20115 and 20025
Resistance: 20350 / 20474 / 20600
Support: 20260 / 20200 / 20000
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.
GER 40 Trade LogGER40 1H Short Setup
Trade Logic:
- Setup: Short within the 1-hour Fair Value Gap (FVG) following a clear bearish shift in market structure.
- Confluence Factors:
- Break of Structure (BOS): Price confirms a bearish break, with a clear Change of Character (ChoCH) reinforcing downside bias.
- FVG Rejection: Anticipating rejection within the 1H FVG as price retests this imbalance area, providing an optimal entry point.
- Kijun Resistance: Kijun line on the 1H timeframe aligns as a dynamic resistance level, further supporting bearish continuation.
- Risk-Reward: Minimum 1:2 RRR with a tight stop-loss above the FVG zone.
- Target: TP1 near liquidity at 20,306 ; TP2 at deeper liquidity grab around 20,260 .
Confluence Factors:
- Market Context: Indices showing signs of pullback after extended bullish momentum, with GER40 leading a potential retracement.
- Volume Signals: Declining buy-side volume during recent highs, indicating exhaustion and paving the way for downside.
- Liquidity Levels: Price action aligns with tapping liquidity from equal highs before driving into lower demand zones.
Execution Plan:
- Place short entries within the 1H FVG.
- Maintain tight risk management with a stop-loss just above the FVG zone.
- Reassess trade if price closes above the Kijun or invalidates the bearish structure.
Extra Note: Monitor macroeconomic news or EUR-related sentiment for potential catalysts that could impact volatility in GER40. Let me know if you'd like any additional details or adjustments!
GER 40 Trade LogGER40 Pre-Market Short Setup
Trade Logic:
- Setup: Short position initiated within the pre-market bearish Fair Value Gap (FVG), targeting the defined downside liquidity zones.
- Confluence Factors:
- Pre-Market Gap: Price retraced into the FVG formed during bearish pre-market movement, offering a low-risk, high-reward entry.
- Break of Structure (BOS): A confirmed bearish structure break reinforces downside momentum.
- Kijun Resistance: 1H and 4H Kijun levels align with the FVG, acting as strong dynamic resistance.
- Liquidity Grab: Recent liquidity sweep near the highs sets the stage for further bearish continuation.
- Risk-Reward Ratio (RRR):
- Stop-loss set just above the FVG to maintain a tight risk.
- 1:3.83 RRR as per the defined target zones on the chart.
- Targets:
- TP1 near 20,267 , aligning with local liquidity.
- TP2 at 20,240 , deeper liquidity grab zone for full target execution.
Macro Context:
- Market Sentiment: Pre-market signals and reduced buyer strength suggest increased selling pressure ahead of European market open.
- Economic Indicators: Risk-off behavior in broader markets supports bearish bias.
- Volume Profile: Weak buyer volume within the FVG zone adds confluence for downside continuation.
Execution Plan:
- Place short entries within the FVG zone with a stop-loss just above it.
- Strictly adhere to the 1:3.83 RRR, with partial profit-taking at TP1 and the remainder at TP2.
- Monitor the European open for any shifts in momentum that could invalidate the setup.
Extra Note: Stay updated on economic news or key macro triggers that could influence GER40's short-term price action. Let me know if you'd like further refinements!
DAX - TIME HAS COMEI hope you all remember yesterday, when we said only hit our price then we short.
PATIENCE is the key.
but now we are prepare to SHORT once the price is hit our limit order at 19469-18482
STOP LOSS can be set at 19525 - can extend to 19575 depend on your risk
Target 1 at 19433-28 - once it hit, take some partial and bring stop loss to BE to protect the trade
target 2 at 19389-72
target 3 at 19367-48
DAX/GER - PREPARE FOR THE BATTLETeam, earlier we went long for scalping only.
but now we are prepare to SHORT once the price is hit our limit order at 19469-18482
STOP LOSS can be set at 19525 - can extend to 19575 depend on your risk
Target 1 at 19433-28 - once it hit, take some partial and bring stop loss to BE to protect the trade
target 2 at 19389-72
target 3 at 19367-48
NOTE: NO rush of an entry, until the price is reach. enter slowly with proper risk management.
Bearish Breakdown Brewing on GER30 – Watch for the Drop!The price action shows a weak uptrend, with lower momentum reflected in the narrow candles nearing resistance.
The red trendline highlights the fragile support beneath the recent structure.
A break below the trendline signals bearish pressure gaining control.
If confirmed, the price is likely to revisit the key demand zone around the red horizontal line at 19,028.77, a major support level from prior lows.
DAX may have topped alreadySince mid-August, the German index has risen nicely, gaining 2,000 points, or around 10%. However, at the end of October, the GER30 broke below its rising trendline, suggesting a potential top.
Currently, the price is consolidating within a range, and a break below 19,000 could indicate a future decline. Key support levels are at 18,300, followed by 17,300.
If you expect the index to stay below 20,000, selling rallies around 19,300 could be a viable strategy.
DAX/GER30-40 - ALL THE WAY FOR RECOVERYTeam,
it has been a while since we are trading this.
Yesterday we did not post, we tried, but hit stop loss
then later I got all the money back as I expect the target hit. but we were using very tight stop loss, no room for movement
Today we are entering between 19050-19060 with STOP LOSS at 19035
Target 1 - 19086-95
Target 2 - 19126-335
Target 3 - 19211-19230
Please NOTE: once the price hit the 1st target, bring STOP LOSS TO BE. REMEMBER to take partial profit.
DAX to find buyers at current market price?GER40 - 24h expiry
Offers ample risk/reward to buy at the market.
Posted a Double Bottom formation.
Our short term bias remains positive.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
The sequence for trading is higher highs and lows.
The trend of higher lows is located at 19280.
We look to Buy at 19230 (stop at 19110)
Our profit targets will be 19530 and 19610
Resistance: 19350 / 19420 / 19567
Support: 19200 / 19100 / 19003
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.
Germany is destined for upside to 20,893 according to thisWe have seen a textbook Falling Wedge form on the Daily with the Dax.
It seems like there has been a consolidation (range bounded) move before the next direction.
So looking at the indicators and sentiment of the markets, in the medium term it looks like DAX is destined for upside.
Along with the main markets like S&P500 and Crypto.
We just need the price to break above 20MA and we could see the next target at 20,893
WHat do you think?
EUR/USD: PAT + VPA 10/21/2024Good morning,
I will be monitoring the daily candle close today, anticipating a bullish pullback or reversal to develop over the next few weeks.
Several indicators have pointed to this:
1. The weekly chart has surpassed the previous high established on December 25, 2023. Currently, the price is attempting to retest the Demand zone that led to the breakout of that high..
2. The weekly demand zone is identified between 1.0775 and 1.0825. Pay attention to the key level at 1.080, as it appears to be setting up as a robust support level for the currency pair.
3. The market has declined approximately 400 points since September 27, 2024, showing minimal pullbacks on a daily basis. Notably, this price drop has formed a double top without a genuine next line test. I anticipate that prices will rebound to around 1.100 in the coming weeks. A break below 1.100 could trigger a long-term retracement back to the highs at 1.200.
Volume signature indicates that market makers are gradually exiting the trend. The weekly outlook remains bullish and is expected to dominate. It's important to note that the weekly chart is currently retesting the bearish flag it broke out of between June 24, 2024, and August 19, 2024.
TVC:DXY
OANDA:EURUSD
XETR:DAX
DAX TRADING IDEAHi again traders!
Here to bring you'all this idea about a bullish movement on DAX. Not a long term buy but a fast trade. The idea is to close it today before the market closes.
Why I think so?
The index has been on a three-day consecutive bearish movement. Dropping 500. After a manipulation, price seems to be holding on 5 minutes - 15 minutes frames, showing us a clear accumulation zone leaded by EMA9 and EMA50 ( 5 mins).
My potential profit is 104 points above the marked entry. Althought I think price is pumping on a few hours, could be possible to see a quick retracement before that.
DAX to challenge the all time highs?DE30EUR - 24H EXPIRY
Our short term bias remains positive.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
Previous resistance at 19300 now becomes support.
We look to buy dips.
Price action continues to trade around the all-time highs.
- We look to Buy at 19305 (stop at 19205)
Our profit targets will be 19555 and 19625
Resistance: 19400 / 19495 / 19600
Support: 19340 / 19300 / 19200
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.