dax Short
Updated
dax seems to be range bound . Perhaps it will stay between 12315-12485 .
Once and twice means to divide your trade in 2 halves instead of only 1 trade - so you can easily set tp1 and tp2 (also you can set sl1 and sl2).
So sell once at 12485 , twice at 12495 with sl 12505 both and tp once in the middle 12400 and twice 12320 also buy once at 12320 twice at 12310 with sl 12300 both and tp once in the middle 12400 , twice at 12485 .
Once and twice means to divide your trade in 2 halves instead of only 1 trade - so you can easily set tp1 and tp2 (also you can set sl1 and sl2).
So sell once at 12485 , twice at 12495 with sl 12505 both and tp once in the middle 12400 and twice 12320 also buy once at 12320 twice at 12310 with sl 12300 both and tp once in the middle 12400 , twice at 12485 .
Trade active
Now that sl was hit , only small loss taken do to close sl . So we can try to reenter at a more profitable point as I already done at 12537 also with close trailing sl (already moved to break even) .Trade active
sl moved to 12491 (trailing sl 25pips)Note
sl manualy moved to 12476Trade active
again reentered 12491 (trailing sl 15pips) .Note
See my previous post from 3 July at that time seeking for a small GER30 Long .But now even more expecting a big bearish move on both dax30 and dji30 .
Note
Trade closed: stop reached
stop reached very small loss . Waiting for dji open .I think that the recent minimum 12306 (double botom) wil be at least tested again soon .
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.