DAX is looking for support
Dear ytraders,
to my eyes it is very likely that DAX won't continue its bullish run towards 13000 this year.
The idea is simply this: buy DAX at 11800 with a STOP LOSS at a daily close below 11600 (this would imply a major correction, so gracefully take your loss and be ready to reenter long at the next bullish day candle) and prepare for a long term ride.
You could also trade DAX around a bullish core position.
Buy, Set, Forget!
to my eyes it is very likely that DAX won't continue its bullish run towards 13000 this year.
The idea is simply this: buy DAX at 11800 with a STOP LOSS at a daily close below 11600 (this would imply a major correction, so gracefully take your loss and be ready to reenter long at the next bullish day candle) and prepare for a long term ride.
You could also trade DAX around a bullish core position.
Buy, Set, Forget!