DAX 40 Futures<\/h2>\n\n\n\nThe Monthly<\/em> DAX chart<\/h3>\n\n\n\n![\"DAX](\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/08\/DAX-40-Weak-Buy-Signal-Far-From-MA-TTR.jpg\" "\\"\\"")
<\/a>DAX 40 Weak Buy Signal, Far From MA, TTR<\/figcaption><\/figure>\n\n\n\n<\/div>\n\n\n\n\n- The DAX 40 futures<\/a> went sideways last month with a weak buy signal, a small bull doji.<\/li>\n\n\n\n
- It follows an inside bar, and traders will treat it like two inside bars, a triangle and breakout mode. <\/li>\n\n\n\n
- Some traders will buy above or sell below. Most traders should wait for a good signal bar.<\/li>\n\n\n\n
- The bulls might see it as two legs sideways after a strong second leg. But the channel is broad, so you also have to expect two-sided trading and bears to make money.<\/li>\n\n\n\n
- In a trading range, traders fade a weak signal at the extremes.<\/li>\n\n\n\n
- The bulls are disappointed by the High 1, which did not go anywhere in three months. If you buy a strong bull bar and three bars later it is still at your entry, that can be a good reason to exit.<\/li>\n\n\n\n
- Nothing to sell here, but limit order bears will start to scalp, hoping to close some gaps below.<\/li>\n\n\n\n
- If you’re a bull, your stop is far away, so you have probability, which means a bad risk reward. As a swing trader, pullbacks are needed to move stops up and free more capital to move higher.<\/li>\n\n\n\n
- There was a small pullback, a bear bar, some traders might put the stop there, but it looks like a close target.<\/li>\n\n\n\n
- Alternatively, bulls reduce their position and look to buy again. So we can get a strong pullback.<\/li>\n\n\n\n
- Always in long still, so it’s better to be long or flat.<\/li>\n\n\n\n
- Expect sideways to up next month.<\/li>\n<\/ul>\n\n\n\n
The Weekly<\/em> DAX chart<\/h3>\n\n\n\n![\"DAX](\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/08\/DAX-40-Bear-Surprise-Bar-Close-Below-TTR.jpg\" "\\"\\"")
<\/a>DAX 40 Bear Surprise Bar, Close Below TTR<\/figcaption><\/figure>\n\n\n\n
<\/a><\/div>\n\n\n\n
- \n
- The DAX 40 futures<\/a> went sideways last month with a weak buy signal, a small bull doji.<\/li>\n\n\n\n
- It follows an inside bar, and traders will treat it like two inside bars, a triangle and breakout mode. <\/li>\n\n\n\n
- Some traders will buy above or sell below. Most traders should wait for a good signal bar.<\/li>\n\n\n\n
- The bulls might see it as two legs sideways after a strong second leg. But the channel is broad, so you also have to expect two-sided trading and bears to make money.<\/li>\n\n\n\n
- In a trading range, traders fade a weak signal at the extremes.<\/li>\n\n\n\n
- The bulls are disappointed by the High 1, which did not go anywhere in three months. If you buy a strong bull bar and three bars later it is still at your entry, that can be a good reason to exit.<\/li>\n\n\n\n
- Nothing to sell here, but limit order bears will start to scalp, hoping to close some gaps below.<\/li>\n\n\n\n
- If you’re a bull, your stop is far away, so you have probability, which means a bad risk reward. As a swing trader, pullbacks are needed to move stops up and free more capital to move higher.<\/li>\n\n\n\n
- There was a small pullback, a bear bar, some traders might put the stop there, but it looks like a close target.<\/li>\n\n\n\n
- Alternatively, bulls reduce their position and look to buy again. So we can get a strong pullback.<\/li>\n\n\n\n
- Always in long still, so it’s better to be long or flat.<\/li>\n\n\n\n
- Expect sideways to up next month.<\/li>\n<\/ul>\n\n\n\n
The Weekly<\/em> DAX chart<\/h3>\n\n\n\n
<\/a>DAX 40 Bear Surprise Bar, Close Below TTR<\/figcaption><\/figure>\n\n\n\n