DAX With A Tailwind

Dear traders,

The Dax broke above the 20000-mark and since the “trend is our friend” bullish momentum is expected to continue.

Daily Forex and DAX Signals:

Our trading ideas for today 5/12/24:

 

DAX® (GER40)

Long @ 20240

Short @ 20170

Settings for all trades today: Entries from 8:00 am UTC, SL 25, TP 40

 

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.