with Oli | Strategies

Posts Tagged ‘flag’

Dax … Chartwatch

Freitag, Februar 22nd, 2008

As markets keep swinging intraday with high volatility, but low trend intensity, here my idea, looking at a daily chart.

Copyright by Tradestation
As you can see, we had a downmove of around 1.900 Dax points … now we keep consolidating within a bearflag formation.
So far we only corrected 38.2% which is quite bearish. We don’t even […]

Tags: , ,
Posted in FDAX | 2 Comments »

Bears still in the driver’s seat …

Montag, November 26th, 2007

A rally in Asia … just enough to create a nice gap in the Dax … which could have been faded as it was created exactly at the top of the (bear)flag … Sell signal reached its target late afternoon … See below …

Copyright by Tradestation
A quite perfect flag, I think I will use it […]

Tags: , , , , , , , ,
Posted in FDAX | No Comments »