INDEX:DAX   DAX Stock Index
194 3 7
Dax             in a rising channel with higher lows. low risk trade to the upside risk just over 1% profit if makes it 5% approx
start short if below red line on chart.

Fundamentals helpful as USD strengthening against EUR. which helps tourism and exports. interest rate environment still has a long time to run thus helping companies with financing and expansion.
Comment: DAX position now in profit. go baby!!
Just watch possible short below 9751. Still in play.
Comment: Stop moved to 10250. we are in profit now in cumulative position and now what ever happens we walk away with a nice trade.

Note. since I have tighten my stop is very possible that we may get stopped out. but as mentioned a decent distance for a stop on DAX is 100 points I find. we are only 83 now.
Comment: Trade Closed
Trade closed. Nice profits booked in. Thanks to the Universe for this one!! ;-)) got to be grateful for a profit every single time..
Reply
added to original position at 10200 stop as first in in profit by a substantial amount. Global target still unchanged.
Reply
Nice!! looks like this trade is now in profit. stop moved to break even. Short still in play if below 9751.
nice stop level for me on this instrument is 100 points so for some of you trading DAX be mindful of draw-downs as this is a volatile index. cheers!
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out