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9,993.07 +22.67    +0.23%
08/10 - Closed. Currency in EUR ( Disclaimer )
Type: Index
Market: Germany
# Components: 30

  • Prev. Close: 9,993.07
  • Open: 9,936.50
  • Day's Range: 9,911.05 - 10,027.42
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DAX 9,993.07 +22.67 +0.23%
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Latest DAX Comments

Rosa Pin
Rosa Pin 1 hour ago
Rosa Pin DAX is still below the 50 DMA so any buy here comes at great risk. Lots of traders lose money because of inconsistency. You can do great by making a good trade or two but longer term you will lose money by not following a good strategy and not being in synch with the market. So in essence, to enter a trade buy only if it is above the 50 DMA or sell short only if it is below the 50 DMA. Also If a security went from a below 50 DMA to above 50 DMA wait to buy after three closes above the 50 DMA for confirmation. Vice-versa for opposite. This is a very simple concept if you want consistency in your trades to be profitable. So saying all this DAX will come back down hard so the higher it goes, the faster it will go down, We just need to be patient. We are all here to make money and help each other.
Rosa Pin
Rosa Pin 1 hour ago
BTW, this strategy is not 100% guarantee but works most of the time. If it was 100% fool proof, then we all be billionaires.
JESSIE MOORE 1 hour ago
DAX Chart: 10,088.1 by JESSIE MOORE
DAX Chart: 10,088.1 by JESSIE MOORE Final thing i think we head to 10600 at least by month end, with alot of volitilty inbetween. We tried for three month to break the green support line and failed and instead in the process created a higher low on the monthly if this month confirms, and after that possibily grind higher till end of year. Then will be the real test. To see if the monthly forms a double top or a lower high, maybe in time for next year rate rise if yellen does so. Just afew ideas!!!!!
JESSIE MOORE 1 hour ago
until the central banks say no more printing of money and increase rates to draw in excess liquidity this bubble can go on, with its pull backs and corrections or unless a major event happens to change status quo. So far i can only see this as a 20% correction for europe and over 10% for us and japan. So far even the major two recession indicators are not even flashing red. Uneployment is as 2008 low almost and historic low for germany and inflation is zero almost and we well aways for central bank 2% target. so that does not warrent a rate rise. Just my thoughts.
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