DAX Index - Bearish breakdown to ranging market condition; 7,971 support is the key for the bearish
trend to be continuing(based on the
article)
"Much of the same can be said for the DAX 30. With the ECB following in the footsteps of the BOJ and Fed and the subsequent
reaction of the indices last week, it would appear sentiment has improved somewhat, and investors may look to wade back into
the market should risk trends improve further."
"That being said, forthcoming commentary from ECB’s Governor, Christine Lagarde, may be crucial in continuing the
positive trend. She is slated to speak on Tuesday and will likely offer further insight on the central bank’s response to the
crisis."
"Apart from commentary, forecasting the impact on upcoming data is near impossible as many of the readings are pre-outbreak
so they do not encapsulate the debilitating effects of the coronavirus. Further still, many central banks and governments
have become increasingly proactive in their policy decisions – opting to make announcements outside of the scheduled
meetings. As a result, the outlook for the week ahead is neutral."
============
Chart was made on MT5 with BrainTrading system (MT5) from this
thread (free to download) as well as the following indicators from CodeBase:
BrainTrend2Sig indicator from Codebase (free to download)
DAX Index - technical/fundamental forecast for the week(based on the article)
Bullish ranging within s/r channel waiting for the 12,999 resistance level to be crossed to above for the bullish trend to be continuing or for 11,589 support level to be crossed to below for the secondary correction to be started; 12,999 is the key level.
"German stocks were thrust into the headlines this past week amid the Wirecard scandal, but given its status as one of the smallest DAX components, the scandal seems to have had little impact on the index’s price. Indeed, what may prove to be more harmful over time is the damage it dealt to investor confidence in some of the country’s other fledgling tech stocks. As the DAX 30 lacks significant event risk in the week ahead, it may be left grasping for influence as a result."
==========
The chart was made on MT5 with standard indicators of Metatrader 5 together with following indicators:
"Total nonfarm payroll employment rose by 638,000 in October, and the unemployment rate declined to 6.9 percent, the U.S. Bureau of Labor Statistics reported today. These improvements in the labor market reflect the continued resumption of economic activity that had been curtailed due to the coronavirus (COVID-19) pandemic and efforts to contain it. In October, notable job gains occurred in leisure and hospitality, professional and business services, retail trade, and construction. Employment in government declined."
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5 percent in July on a seasonally adjusted basis after rising 0.9 percent in June, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 5.4 percent before seasonal adjustment.
The index for all items less food and energy rose 0.3 percent in July after increasing 0.9 percent in June. Along with shelter and new vehicles, the indexes
for recreation, for medical care, and for personal care increased in July. The index for used cars also increased in July, but the 0.2-percent advance was much smaller than in recent months. The index for motor vehicle insurance declined in July, and the index for airline fares fell slightly.
if actual > forecast (or previous value) = good for currency (for USD in our case)
[USD - Federal Funds Rate] = Interest rate at which depository institutions lend balances held at the Federal Reserve to other depository institutions overnight.
"The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. With appropriate firming in the stance of monetary policy, the Committee expects inflation to return to its 2 percent objective and the labor market to remain strong. In support of these goals, the Committee decided to raise the target range for the federal funds rate to 1/4 to 1/2 percent and anticipates that ongoing increases in the target range will be appropriate. In addition, the Committee expects to begin reducing its holdings of Treasury securities and agency debt and agency mortgage-backed securities at a coming meeting".
"Advance estimates of U.S. retail and food services sales for June 2022, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $680.6 billion, an increase of 1.0 percent (±0.5 percent) from the previous month, and 8.4 percent (±0.7 percent) above June 2021. Retail trade sales were up 1.0 percent (±0.4 percent) from May 2022, and up 7.7 percent (±0.7 percent) above last year. Gasoline stations were up 49.1 percent (±1.6 percent) from June 2021, while food services and drinking places were up 13.4 percent (±3.9 percent) from last year".
"The Producer Price Index for final demand fell 0.5 percent in July, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This decline followed advances of 1.0 percent in June and 0.8 percent in May. (See table A.) On an unadjusted basis, final demand prices moved up 9.8 percent for the 12 months ended in July".
"Advance estimates of U.S. retail and food services sales for August 2022, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $683.3 billion, an increase of 0.3 percent (±0.5 percent)* from the previous month, and 9.1 percent (±0.7 percent) above August 2021. Total sales for the June 2022 through August 2022 period were up 9.3 percent (±0.5 percent) from the same period a year ago. The June 2022 to July 2022 percent change was revised from virtually unchanged (±0.5 percent)* to down 0.4 percent (±0.2 percent)".
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how can I trade using indices
Forum on trading, automated trading systems and testing trading strategies
How I use Option Agents MQL5 For Earn Money ?
Sergey Golubev, 2020.03.13 16:25
in mql5 portal/website? or with Metatrader?
if in mql5 website so read the following part of the article:
How to Earn at MQL5.community
----------------
More (about metatrader):
1.The article - MQL5.community - User Memo
2. Where Do I start from?
https://www.mql5.com/en/forum/212020
3. MetaTrader 5 Help - Trading Platform — User Manual
4.How to make a search on the forum
https://www.mql5.com/en/forum/193510
5.MetaTrader 5 Help - Open an Account
6.Find a Server by the Broker's Name:
https://www.mql5.com/en/forum/214820
Forum on trading, automated trading systems and testing trading strategies
Press review
Sergey Golubev, 2020.03.22 15:48
DAX Index - Bearish breakdown to ranging market condition; 7,971 support is the key for the bearish trend to be continuing (based on the article)
============
Chart was made on MT5 with BrainTrading system (MT5) from this thread (free to download) as well as the following indicators from CodeBase:
All about BrainTrading system for MT5:
Forum on trading, automated trading systems and testing trading strategies
Press review
Sergey Golubev, 2020.06.21 14:48
DAX Index - technical/fundamental forecast for the week (based on the article)
Bullish ranging within s/r channel waiting for the 12,999 resistance level to be crossed to above for the bullish trend to be continuing or for 11,589 support level to be crossed to below for the secondary correction to be started; 12,999 is the key level.
==========
The chart was made on MT5 with standard indicators of Metatrader 5 together with following indicators:
Forum on trading, automated trading systems and testing trading strategies
Press review
Sergey Golubev, 2020.11.06 16:51
Intra-Day Fundamentals - Dax Index, GOLD (XAU/USD) and Dollar Index (DXY): United States Nonfarm Payrolls
2020-11-06 13:30 GMT | [USD - Non-Farm Employment Change]
if actual > forecast (or previous value) = good for currency (for USD in our case)
[USD - Non-Farm Employment Change] = Change in the number of employed people during the previous month, excluding the farming industry.
==========
From official report :
==========
Dax Index: range price movement by Nonfarm Payrolls news events
==========
GOLD (XAU/USD): range price movement by Nonfarm Payrolls news events==========
Dollar Index (DXY): range price movement by Nonfarm Payrolls news events==========
Chart was made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:
Same system for MT4:
Forum on trading, automated trading systems and testing trading strategies
Press review
Sergey Golubev, 2021.08.11 17:46
Intra-Day Fundamentals - Dollar Index, NZD/USD and Dax Index: United States Core Consumer Price Index (CPI)
2021-08-11 12:30 GMT | [USD - Core CPI]
if actual > forecast (or previous good for currency (for USD in our case)
[USD - Core CPI] = Change in the price of goods and services purchased by consumers, excluding food and energy.
==========
From official report :
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5 percent in July on a seasonally adjusted basis after rising 0.9 percent in June, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 5.4 percent before seasonal adjustment.
The index for all items less food and energy rose 0.3 percent in July after increasing 0.9 percent in June. Along with shelter and new vehicles, the indexesfor recreation, for medical care, and for personal care increased in July. The index for used cars also increased in July, but the 0.2-percent advance was much smaller than in recent months. The index for motor vehicle insurance declined in July, and the index for airline fares fell slightly.
==========
Dollar Index M5: range price movement by United States Consumer Price Index (CPI) news events
==========
NZD/USD: range price movement by United States Consumer Price Index (CPI) news events
============
Dax Index: range price movement by United States Consumer Price Index (CPI) news events
==========
The chart was made on MT5 with standard indicators of Metatrader 5 together with following indicators:
Forum on trading, automated trading systems and testing trading strategies
Press review
Sergey Golubev, 2022.03.17 06:20
Intra-Day Fundamentals - USD/CNH, Dollar Index and DAX Index : Federal Funds Rate and FOMC Statement
2022-03-16 18:00 GMT | [USD - Federal Funds Rate]
if actual > forecast (or previous value) = good for currency (for USD in our case)
[USD - Federal Funds Rate] = Interest rate at which depository institutions lend balances held at the Federal Reserve to other depository institutions overnight.
==========
From official report :
==========
USD/CNH : range price movement by Federal Funds Rate news events
==========
Dollar Index : range price movement by Federal Funds Rate news events==========
DAX Index : range price movement by Federal Funds Rate news events
==========
Chart was made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:
Same system for MT4:
Forum on trading, automated trading systems and testing trading strategies
Press review
Sergey Golubev, 2022.07.15 15:29
Intra-Day Fundamentals - EUR/USD, USD/CAD and Dax Index : United States Retail Sales
2022-07-15 12:30 GMT | [USD - Retail Sales]
if actual > forecast (or previous value) = good for currency (for USD in our case)
[USD - Retail Sales] = Change in the total value of sales at the retail level.
==========
From official report :
"Advance estimates of U.S. retail and food services sales for June 2022, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $680.6 billion, an increase of 1.0 percent (±0.5 percent) from the previous month, and 8.4 percent (±0.7 percent) above June 2021. Retail trade sales were up 1.0 percent (±0.4 percent) from May 2022, and up 7.7 percent (±0.7 percent) above last year. Gasoline stations were up 49.1 percent (±1.6 percent) from June 2021, while food services and drinking places were up 13.4 percent (±3.9 percent) from last year".
==========
EUR/USD : range price movement by United States Retail Sales news events
==========
USD/CAD : range price movement by United States Retail Sales news events
==========
Dax Index : range price movement by United States Retail Sales news events
==========
Chart was made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:
Forum on trading, automated trading systems and testing trading strategies
Press review
Sergey Golubev, 2022.08.11 15:31
Intra-Day Fundamentals - EUR/USD, GOLD (XAU/USD) and Dax Index: United States Producer Price Index
2022-08-11 12:30 GMT | [USD - PPI]
if actual > forecast (or previous good for currency (for USD in our case)
[USD - PPI] = Change in the price of finished goods and services sold by producers.
==========
From official report :
"The Producer Price Index for final demand fell 0.5 percent in July, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This decline followed advances of 1.0 percent in June and 0.8 percent in May. (See table A.) On an unadjusted basis, final demand prices moved up 9.8 percent for the 12 months ended in July".
==========
EUR/USD : range price movement by United States Producer Price Index news events
==========
GOLD (XAU/USD) : range price movement by United States Producer Price Index news events
============
Dax Index : range price movement by United States Producer Price Index news events
==========
Chart was made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:
==========
Same systems for MT4/MT5:
The beginning
After
Forum on trading, automated trading systems and testing trading strategies
Press review
Sergey Golubev, 2022.09.15 16:37
Intra-Day Fundamentals - EUR/USD, GOLD (XAU/USD) and Dax Index : United States Retail Sales
2022-09-15 12:30 GMT | [USD - Retail Sales]
if actual > forecast (or previous value) = good for currency (for USD in our case)
[USD - Retail Sales] = Change in the total value of sales at the retail level.
==========
From official report :
"Advance estimates of U.S. retail and food services sales for August 2022, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $683.3 billion, an increase of 0.3 percent (±0.5 percent)* from the previous month, and 9.1 percent (±0.7 percent) above August 2021. Total sales for the June 2022 through August 2022 period were up 9.3 percent (±0.5 percent) from the same period a year ago. The June 2022 to July 2022 percent change was revised from virtually unchanged (±0.5 percent)* to down 0.4 percent (±0.2 percent)".
EUR/USD : range price movement by United States Retail Sales news events
==========
GOLD (XAU/USD) : range price movement by United States Retail Sales news events
==========
Dax Index : range price movement by United States Retail Sales news events
==========
Chart was made on MT5 with BrainTrading system (MT5) from this thread (free to download) as well as the following indicators from CodeBase:
All about BrainTrading system for MT5: