Dax40 Weekly Review 4.07.22 - 8.07.22

Updated: Sep 25

Dax40. 04 07 2022. See Twitter for early charts and levels. (click on charts to expand)


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We didn´t get any up move after the open but there were still opportunities from the levels and charts posted before the open as noted in the After image above. Around 150 pts from key S as noted


Dax40. 05 07 2022 - See twitter for early chart


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We didn´t get any up move after the open again but there were still opportunities from the levels as posted before the open as noted in the After image above. The action and better opportunities were on the sell side today but still good pts to be made from levels. Of course if you were at your charts you could have read the price action and traded short accordingly but the intention here is just to show how good levels / inflection points are always worth trading on a 1st test basis. The best trade of the day was to short the break down of the 740 level and hold. Around 100 points available just from levels.


Dax40. 06 07 2022 - See twitter for early chart


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Opportunities from the levels as posted before the open as noted in the After image above. Two tests of the upside level 655 - 675 both with > 75 pts available. Some good scalp opps as well from evolving pa. The long from main S prior to the open was the best opportunity of the day if you were at your charts but regardless of that there were plenty of points to be had from the levels I posted prior to the open. Again more than 100 points available (150 + if you took the 2nd test too) just from trading the 1st test of levels as posted ( more if you took the premkt long).


Dax40. 07 07 2022 . See Twitter for early chart and levels


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After











The first opportunity was right at the RH open for a short at R . The next was a short at next levels zone above at @ 840. Both had little or no drawdown and together gave around 125 pts available. Apart from these two level plays there was plenty to scalp from evolving price action as noted on the After chart.


Dax40. 08 07 2022 . See Twitter for early chart and levels. (Click on the charts to expand)


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After











The first opportunity was just after the open to short at R. We then had a long opp at 1st S at 770 which ran all the way to the gap fill at 13003. It came back to retest the entry first but almost no stop loss was needed. Of course it depends how you manage your trades as to the amount of points you make. However, as I´ve said the point of providing these daily levels and post close analyses is to show how the best entries intraday are just about always at good inflection levels of S & R. Its a question of taking the trades and its up to you how you manage them thereafter. Whichever way you look at it and how you managed your trades there was plenty of opportunity to make money at the levels I noted before the open. Today we had a great long from S and in total there were at least 200 pts on the table.


For this week there were > 600 pts available just from levels and zones I noted before the open and that´s not including scalps from clear and repetitive structural points such as the open level noted on Fridays After chart. All you have to do is take them.


50 pts a day is really all you need to be successful.


If you´d like to know more about my trading and how to do this yourself please download and read my book


I hope you managed to catch some!


If you find this useful and / or have any comments please let me know via twitter (link at top of page).

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