we have powerfull open gap on 15400 AC 4hour going to red (show down trend and seller comming) so going sell on high , going buy on gap is best action for monday (if big news not comes) all sl always =40 point or high,low
ALERT=trade dax or other index like dow need min 5 year practice on demo
hello! is there any posibilities on trailing stoploss on this trade? or would you say the best strategy is to move sl above previous high?
ramin_trader2006
⋅
@financialBoa34284, on dax ,gold ,even all markets,,,for sell you must put SL on last clear high (4-5 pip above)
if you have sell now,exit it near 15720,,,wait for new signal
market-crash
⋅
14750-15300-13780-14820- bear market continues
ramin_trader2006
⋅
@market-crash, on gold,dax ,dow,nasdaq,sp500 all index 99% looking for buy !!! why? see main trend on dax weekly chart from 1950
market-crash
⋅
@ramin_trader2006, trends are not forever, they change and all markets is long overdue. Metals have still a bullish trend but first there will be some panic before metals starts climbing again. Meanwhile stocks & indicies, that is a sell for a very long time. Dow top will be at 35700 and Dax will hit it's top at 16030, after that it's a short trade for years!
ramin_trader2006
⋅
@market-crash, this show you are new trader,,,,trend + on gold,dax,dow is forever + up ,,,, go and watch weekly chart from 1950,,, instead speak
market-crash
⋅
@ramin_trader2006, yes you are right, I'm a new trader, actually not even born yet!