YaKa
Short

DAX - TRADE ATTEMPT

FX:GER30   DAX index of German listed shares
567 9 9
Good game plan.
Good risk reward .

short 30% at 10,980 stop 11,400.
move stop to entry as soon as 10700.
TP 10400

risk on stop 100bp
gain on tp 180bp
i have the same plan and target, good luck!
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11400 -11430 if the swing high is not already in?
snapshot
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yes that is the way i am reading it too.

I dont like having the pivot around the beginning of the months with plenty of data... may be bumpy before to fall.
+1 Reply
hi Yacine, still SL on 11400 for SHORTs?
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YaKa PRO trandom
yes on close. going to be a close call
snapshot
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ok, to clarify daily close above 11400 is SL?
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YaKa PRO trandom
yes. you have to have a stop
here 10400 is more a pain stop rather than an invalidation stop.
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If a small correction is in play at these lvls not lower than 10400 imo,but we could see 11250 first.
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Does this mean it will go up to 11,400 then drop to 10,400. Thanks I dont understand some of the terminology.
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