Leo.Ash
Long

DAX30: We raise slightly the stop loss

INDEX:DAX   DAX Stock Index
Recently we recommended the opening of bullish positions in DAX30             with a stop loss (on closing prices) below the minimum decreasing last (or minimum reaction) in intraday minimum of 7 May session. Now just slightly went up the stop loss up to 11,594 points ('gap' up the May 19 session). Close this 'gap' up (ie the void), execute the stop loss, given the possibility to be directed to the support zone which presents the May low. But since the stop loss is not achieve, will continue long in the DAX30             .
jimmy_hongkong
2 years ago
HI, Leo. Why is 11594 so important? In my opinion, even the index drop to 11400, i.e. the bottom of the uptrend line, if it can rebound afterwards, it can still go up. Please correct me if I'm wrong.
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