Elliott Wave trading strategies: DAX 40, FTSE 100 (UKX), STOXX 50, EUR/USD [Video]
|Euro Market Report News DAX 40, FTSE 100 Index UKX, STOXX 50 Forex EURUSD DXY Dollar Index Elliott Wave Analysis
Market Summary Euro Indices: The Elliott Wave corrective rally touched on the 61.8% Fibonacci retracement targets for our first short trades.
The current move down is lagging the US Indices, however its on the right projection and Elliott wave pathway so we will just hold short
Trading Strategy: adding to short positions - See video
Video Chapters
00:00 DAX 40 (GDAXI) .
06:57 EURO STOXX 50.
11:01 UKX / FTSE 100 .
15:00 Forex EURUSD / DXY .
16:26 Thanks for watching!
European Indices Elliott Wave Counts:
FTSE 100 Elliott Wave Top in place.
EURO STOXX 50 Elliott Wave (i) of iii).
DAX 40 Elliott Wave (i) of iii).
FOREX EURUSD Wave expected to .
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.