This potentially a very rewarding pair trade. You can enter shorts in Dax
(either via CFDs or using the EWG etf
) and longs in Nasdaq composite
(CFDs or via the QQQ etf
), risking 1 time the monthly average true range
(but using no stop - the idea is merely to size the trade based on volatility
This is potentially a long term trade, and a good way of gaining short exposure based on fundamentals without being solely short Deutsche Bank or Germany.