DAX Weekly Update – October 26th – Gains Are Back, But Wednesday’s FED Can...

Last week was very successful for bulls. Strong increases of German DAX (almost +7%) and French CAC40 (+4.7%). It was also great week on...

Al Brooks Price Action – Those who trade the markets for a living see...

Monthly S&P500 Emini futures candlestick chart: Breakout above 2 month bull flagThe bulls see the tremendous momentum of the past 4 weeks, and are hoping...

Al Brooks Price Action – Learn how to trade the markets when a pullback...

The bulls got a trend from the open bull trend and then began to form dojis. That is a sign that it is probably...

DAX Market Update – October 23rd – Euphoric Reaction for Dovish Draghi

The most important news of the week influenced markets (as expeted), especially EURUSD and DAX. Interest rates stayed the same, but Mario Sraghi was...

DAX Market Update – October 22nd – Appreciation and the End of Consolidation

Beginning of yesterday’s session started with uncertainty connected with Asian markets – on the one hand Japanese NIKKEI225 gained 1.91%, on the other hand...

Al Brooks Price Action – Learn how to trade a wedge top

The daily chart is overbought and in a resistance area. The odds are that it will pull back for at least a few days,...

DAX Market Update – October 21st – Small Decreases on Stocks Around the World

Beginning of European session started in shadow of mixed data. On the one hand Asian session ended with gains both for Chinese Shanghai Composite...

DAX Market Update – Waiting for ECB – October 20th

Yesterday there was no interesting data in the calendar. In the morning there was publication of Chinese GDP, it was a little better than...

Al Brooks Weekend Update: Learn how to trade bull candlestick patterns

Monthly S&P500 Emini futures candlestick chart: Breakout of small bull flag at the moving averageThe daily S&P500 Emini futures candlestick chart is breaking above...

DAX – October 19th

If we analyse DAX in longer term according to wave theory we can spot two possible scenarios:ABC correction may have anded and DAX i...

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