This week went off to a quiet start with very little movement in the U.S. dollar crosses. Our buy order in the GBP/USD at 1.2630 ended with a small loss of 4 pips. Elsewhere however, in the DAX, we were able to pocket a profit yesterday with a buy order at 15910 and a successful take profit at 15950.
Let’s see what today brings.
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Our trading ideas for today 5/9/23:
Long @ 1.0820
Short @ 1.0740
Long @ 1.2630
Short @ 1.2580
Long @ 15790*
Short @ 15740
Disclaimer: All trading ideas and expressions of opinion made in the articles are the personal opinion and assumption of MaiMarFX traders. They are not meant to be a solicitation or recommendation to buy or sell a specific financial instrument.
We wish you good trades!
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