By looking at the past two sessions, it is very clear that the waiting for FOMC does indeed affect the Dax. Yesterday's session only had a range of 70 points and most of the time, we traded sideways, slightly to the downside. The session ended at the price 13 312. Important zones Resistance: 12 433 […]
About Team FTMO
This author has yet to write their bio.Meanwhile lets just say that we are proud Team FTMO contributed a whooping 240 entries.
Entries by Team FTMO
We sat down with trader and mentor Vladimir Ribakov who was kind enough to explain his popular divergence trading strategy.
On Friday we did not see an aggressive sell-off after the market open and therefore, we fulfilled the statistic of not closing the gap. The market forces were relatively balanced and the session closed in slightly green numbers. Most of the time, we traded sideways. As we have not moved anywhere, our zones from the […]
Yesterday we wrote about the high probability of breaking the low of the previous day at 12 047. That is exactly what happened and overall, our analysis was very successful. Without the Statistical Application, we wouldn't have such data. Important zones Resistance: 12 142 Support: 11 958, 11 11 922 Statistics for today Detailed statistics […]
Even though buyers pushed the price above our resistance, the zone around 12146 was still a significant region where we saw a fight between buyers and sellers. This fight was won by sellers who stopped prices reaching higher levels. Important zones Resistance: 12 146 Support: 12 034, 11 958 Statistics for today Detailed statistics in […]