People often ask me why I like to trade the DAX (given that it is not the largest of stock market indices....I do also trade US markets mostly and occasionally HK/NKY).
The answer is because the DAX is often a technically gorgeous market to trade in terms of clear patterns (EW and classical like H+S etc) and provides clear entry and exit (stop and t/p) levels.
It looks like we have such a case this morning.
Sell 13350-13380, stop 13400, target 13000-13050 next few days.
The answer is because the DAX is often a technically gorgeous market to trade in terms of clear patterns (EW and classical like H+S etc) and provides clear entry and exit (stop and t/p) levels.
It looks like we have such a case this morning.
Sell 13350-13380, stop 13400, target 13000-13050 next few days.
Trade closed: target reached:
DAX = Quod Erat Demonstrandum
2 days, 2.5% thanks very much, taking profits ahead of the weekend
Review next week
2 days, 2.5% thanks very much, taking profits ahead of the weekend
Review next week
twitter.com/Flash430.../1224675595302395905