SignalSwiss
Education

[DAX] HOW TO TRADE THIS MARKET

OANDA:DE30EUR   Germany 30
Why consider this chart only as "education"? The answer is very simple, at the moment we do not yet know the corrective structure ( ABC ) levels, but we only know that the nearest support is around 11,000 and Target around 11.500. That said, the potential setup is very simple: Long on wave (B) breakout and stop loss below wave (c). Unfortunately we can not always use this strategy, but in this case, yes! ;)

The most important thing for a Trader is not the setup, but it's Money Management: Volume Size and R/R Ratio.
The size depends on your balance, while R/R Ratio is shown on the chart, in this case we have a good ratio (>1:3) ... but this is just an example!
NOTE: Each setup can lose no more than 2% of your Capital.

If there are many traders interested in this market, we can follow this index together from Monday, and try some setups in real time, here on TradingView!
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Hi, any update about this possible trade?
thanks!
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LONG DAX
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same as i did
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Thanks, I'd like to follow your setups here!
+2 Reply
@stenozar, you are welcome!
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Carlosdrcunha SignalSwiss
@SignalSwiss, in my Opinion, i think more Dax going down dragged by american Markets, i think this setup is more apropriate, but target is a bit ambiguouse as well, but short Dax is what i think, but anyway, hope ur right ;)



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