DAX 2022 Week 45 Trading Plan - Bear Market Trader
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DAX 2022 Week 45 Trading Plan

#Fin­twit #DAX #DE30Cash #Mar­ket­Pro­file #Order­flow

This is my week­ly out­look on DAX. The lev­els that I will be look­ing at with a high­er prob­a­bilis­tic chance the mar­ket will start react­ing. Dur­ing the ses­sion I then wait for the mar­ket to hit those lev­els and either con­firm or reject my bias through price action con­fir­ma­tion and order flow. I hope that makes sense. If not, get in touch with me. I love to talk to peo­ple that are on the same path as me. So don’t be shy and reach out. 

Month­ly — Bullish

  • Price closed as a Big Bull Engulf with­in MN Sup­ply Base LiDC reject­ing MN QLo giv­ing MN-C‑D 12781.51
  • Price has made a HH trad­ing above body, out­side range
  • Con­jec­ture: Price clos­ing deep with­in MN Sup­ply Base LiDC could see a con­tin­u­a­tion to orig­i­nat­ing lev­el of 13955.80
  • Price could see a re-test (2nd Chance entry play) of new­ly formed MN demand before con­tin­u­ing higher.

Week­ly — Bullish

  • Price closed high­er above W1 200MA and almost took out W1 Sup­ply LiDC as a Hammer
  • W1 QLo reject­ed price trad­ing mid swing
  • Con­jec­ture: Price closed as a Ham­mer indi­cat­ing a pos­si­ble continuation
  • If price takes out W1 Sup­ply LiDC it still needs to deal with W1-C‑S 13587.71 (coin­cid­ing with W1 50MA in DT) right below W1 QHi and could see sell­ers com­ing in.

Dai­ly — Bullish

  • Big move high­er clos­ing above D1 200MA and pre­vi­ous high almost tak­ing out Wide D1 QHi clos­ing near its high.
  • Con­jec­ture: price is show­ing momen­tum in a D1 VWAP in DT BO to CAS
  • Price closed deep with­in D1 QHi and D1-C‑S 13165.35 and could see it tak­en out
  • Price has not cleared D1 200MA as well as pop­ping of D1 Sup­ply could see sell­ers com­ing in

Sen­ti­ment sum­ma­ry — Bullish

Addi­tion­al notes

  • N.A.

Focus Points for trad­ing development

  • Month­ly Goals 
    • Use SL scaling


Day trader. Tech geek. Sim Racing Enthusiast.

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