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DAX 40, FTSE 100, STOXX 50, Dollar Index DXY, EURUSD - Elliott Wave Trading Strategies


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DAX 40 Indizes Technische Analyse de, FTSE 100 Index UKX, STOXX 50 Forex EURUSD DXY Dollar Index Elliott Wave  Technical Analysis
European Stock Market Daily News Headlines:European shares closed flat on Friday as gains in defensives countered a sell-off in semiconductor and commodity-linked stocks, while investors prepared for the European Central Bank's (ECB) first interest rate hike in over a decade this month.
Elliott Wave Market Indices Summary: The eurusd and dax40 should rally in the next session and then turn lower
Trading Strategy:Looking to short Wave v of (c) of ii) in the corrective rally

Video Chapters
00:00 DAX 40 (GDAXI) 
06:00 EURO STOXX 50
06:27 UKX / FTSE 100 
11:58 Forex EURUSD / DXY
18:36 Thanks for watching!

Analyst Peter Mathers TradingLounge™ 

 

 

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    • Trade statistics of the 'Triangle 8th' system as of 12/03/2023 Gain: 102.00% Profit: 781.52 USD Funds: 1,400.18 USD Balance: 1,781.52 USD Beginning deposit: 1,000.00 USD Withdrawals: 0.00 USD Top-ups: 0.00 USD
    • Name of stock - Vox Royalty   Name of Stock Exchange - NASDAQ   Leverage or Share dealing - Leverage   Ticker - VOXR   Country of the stock - Usa   Market Cap - 100M
    • It is a best practice to buy dip and sell high but this strategy mostly doesn’t go as planned because you can’t predict the final bottom. Some traders BTD anticipating a potential pullback which mostly doesn’t happen and this force some into panic selling. DYOR is mostly advisable but some people fail to know which analysis they should focus more on. When deciding to hold a token for a long-term FA is very important and its cardinal point should be thoroughly scrutinized before making such a decision. These points include; Whitepaper, Road map, and Usecase. These points have a huge impact on deciding how long to hold a project and also booast your confidence in the project's bullish potential.  The first principle in this industry is “invest what you can afford to lose" though many neglect this principle as such when a project is going through a price correction they panic sell and sell at a huge lost. Most normal regret their decision later when they see the project back on track. Once you adhere to the first principle you hardly fall victim to panic sales. Note that it is mostly not advisable to hold meme tokens una less you are convinced because meme goes with the hype and finds it hard to retest its ATH once the hype is over.  Anyway what are your trading strategy and principles you adhere to most?
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