FX:GER30   DAX Index
Simply looking to buy the DAX             above the 9790 level to target the green horizontal lines. Stop loss is placed around 5 points below the red horizontal line at 9752. Simple as that
whats your take on the DAX today? you think it will close below 9790 and drop to 9752?
GordanGekko Toothache90.
Whilst we are below the 9904 resistance level and still above the 9733 support level then this leaves the market to just consolidate and move side wards. We need a break below 9733 to target 9685-71 and 9600 or a break above 9904 to target 9943-57 and above 9957 we can then target 9994 and 10,024 above there.
Toothache90. GordanGekko
ok thanks for your opinion. i had opened a long position at 9830, but wasn't expecting the sudden drop before closing day
Toothache90. GordanGekko
thanks for that, i made a little money to cover my long i opened earlier.
Trade is now done and dusted. 75 point profit in total. Stopped out at break even on the remaining 5% of my position size. 3/5 targets reached.
olmodelcaz GordanGekko
Good job, pity I didnt follow you!
Nice 25 points made already. I have now moved my stop loss to break even and left some of my position in play to catch a run to the 9841-9869 resistance levels.
sweet and simple THANK YOU for posting
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