Dax scalp 15m

FX:GER30   DAX Index
140 10
Little scalp on german index (long)
Stopped at be
trandom phaneroboy
do you recommend to sell LONG, what is "be"?
phaneroboy trandom
Be= break even. Targets for this leg are 9500 9700 imho
trandom phaneroboy
do you think LONG still valid?
phaneroboy trandom
where is your entry point, sl level and tp level. Give me more info. Are you already l9ng or you arr planning to buy?
trandom phaneroboy
I am LONG now, bought at 9300 with your SL at 9210
phaneroboy trandom
Hi trandom, in the trade i posted here i was stopped like i told you, i re opened a long between 1.23Fe anf 1.61FE as you can see here (the level was also very close to 50 retracement from 8900 to highs push). I already took 1/2 position profit so my trade is risk free now and i will hold it untill 9490/9500 area is reached. If you open a long a 9300 you should consider to put your sl at entry (or take partial profit) in order to reduce risk, because you bought at highs. that is my view. i hope to see new highs soon, otherwise we can still be in B wave of a larger 3 wave correction.
trandom phaneroboy
thank you phaneroboy for your guidance!
phaneroboy trandom
you are wellcome, please do not consider my idea a raccomendation to buy or sell, i am only sharing my view and most of the time i am wrong!!! :P
Closing half position here at 9270 (BE) , SL set now at 9210, tp at 9380
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