|

European stock market indices - Elliott Wave trading strategies: Taking profits on DAX 40 [Video]

Stock market index News & analysis 2022: Elliott Wave DAX 40, FTSE, STOXX 50 EURUSD (Forex).
Euro indices overview: DAX & Eurostock Elliott Wave triangle intermediate wave E of (4) completed.

Video chapters:
00:00 DAX 40 (GDAXI).
03:32 EURO STOXX 50.
06:01 UK100 / FTSE 100.
10:57 Forex EURUSD.
15:32 Thanks for watching!

European indices Elliott Wave counts:
FTSE 100 Elliott Wave Unclear.
EURO STOXX 50 Elliott Wave 1 of (5).
DAX 40 Elliott Wave 1 of (5).
FOREX EURUSD Wave (iv) of a).

Euro trading strategies:
EURUSD, waiting for next trade set up.
DAX & EuroStock: Long on Indices.

Author

Peter Mathers

Peter Mathers

TradingLounge

Peter Mathers started actively trading in 1982. He began his career at Hoei and Shoin, a Japanese futures trading company.

More from Peter Mathers
Share:

Editor's Picks

EUR/USD remains offered below 1.1600, seems vulnerable near multi-month low

The EUR/USD pair struggles to capitalize on the overnight bounce from the 1.1530 region, or the lowest level since November 2025, and lower for the third consecutive day on Wednesday. Spot prices slide back below the 1.1600 mark during the Asian session and seem vulnerable to slide further.

GBP/USD slips below key averages as geopolitical risks mount

GBP/USD fell about 0.35% on Tuesday, settling around 1.3350 after slipping below the 200-day Exponential Moving Average for the first time since early December. The pair has pulled back sharply from its late-January high near 1.3870, shedding over 500 pips in a series of lower highs and lower lows. 

Gold bounces back toward $5.200 amid sustained safe-haven flows

Gold bounces back toward $5,200 in Wednesday's Asian session, moving away from an over one-week low. Sustained safe-haven flows, amid escalating geopolitical tensions in the Middle East, act as a tailwind for the bullion. However, a bullish US Dollar and reduced bets for more aggressive easing by the US Fed might keep a lid on the non-yielding yellow metal ahead of the US ADP report and ISM Services PMI data due later in the day.

Ethereum: Whales step up buying as short positions contract

After holding firm heading into the last weekend, Ethereum whales have returned to action, pouncing on the volatility stemming from escalating military actions between the US and Iran.

Energy shock 2.0: Why rising Gas prices could hit the Euro

Even without a confirmed, sustained disruption, the mere risk to a key global energy chokepoint is enough to inject a significant premium into European Gas markets. And for the Euro, that matters.

Ripple falters amid sell-off jitters and negative funding rates

Ripple (XRP) has come under pressure, drifting lower to $1.35 at the time of writing on Tuesday. The over 2% correction looks poised to erase the previous day’s gains, which lifted the remittance token to $1.42.