Any DAX Traders on BMB For insights ?

Discussion in 'Indices Discussion' started by admin, May 1, 2016.

  1. admin

    admin Administrator Staff Member

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    I traded alot last year ( probably too much ) with DAX being one of my favourite but heart stopping tipples, Ive not looked at it since the start of the year due to other work commitments, anyone on here been keeping upto date and still trading it ? Any insights would be great as I load up some accounts in the next couple of weeks to get my Summer Fix :D
     
  2. manoharb

    manoharb Senior Investor

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    I am not a trader in DAX but Tracking Global market is my passion. I tracked DAX many times before. I can give my views about DAX if allowed. thanks.
     
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  3. manoharb

    manoharb Senior Investor

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    https://www.investing.com/indices/germany-30-technical

    Technicals of DAX showing, DAX will crash below Daily 200EMA , 60-90days target 11500-11000. Buy EURUSD and Sell European equities.

    CAC40 also bearish target 5000-4800, 60-90 days. Same strategy, Buy EURUSD, Sell CAC 40.

    EUROSTOXX 50 also bearish. target 3200-3000-2800, 60-90 days.

    FTSE 100 is exception or bullish. Buy for target 8000, GBPUSD trading is risky avoid it.

    So, EURUSD will hit 1.2500 short-term is almost confirmed.
     
  4. manoharb

    manoharb Senior Investor

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    DAX near Daily 200SMA ( Current around 12620 ) book profit again and again. CAC40 book profit near Daily 200 EMA ( Current around 5203 ) book profit again and again.EUROSTOXX 50 is almost near crash.
     

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