DAX Short – Break of support line (~10.400)

FX:GER30   DAX Index
Trading idea on 1h chart:
Short DAX             after the break of support line
Trading idea: stop sell order at 10.632, risk-reward = 2.0
SL@ 10.742 (-110), TP@ 10.412 (+220)

- trade based on chart: break under support line + under trending line, prices below 20 EMA (=weakness)
Disclaimer: There is a very high degree of risk involved in trading forex . I assume no responsibility or liability for any trading or investment results. My posted statements and charts may unintentionally include inaccuracies. All content posted is for educational purposes only and is not a financial advice. The presented set-ups are not solicitations of any order to buy or sell.
Trade active: Stop loss moved to 10.620
Trade active: Due to possible volatility before and after FOMC Meeting Minutes in 20 Minutes, removed stop loss to the initial one, so to 10.742 as this is not a intraday-trade but rather one with a timeframe of 2-4 day.
Will comment after FOMC Meeting Minutes more.
Trade active: Stop Loss moved to 10.630 (will not be adjusted anymore), to protect the entry after a retest of Support break
Trade closed: target reached
Position opened at 10.632
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out