Loss-Making DAX

The British pound dropped towards 1.2170 against the greenback and we were able to pocket some profits with two sell orders yesterday. Our short entry in the DAX, however, proved unprofitable which is why we had to record two losing trades. We will now keep an eye on breakouts below 15080 or above 15160.

Let’s see what today has in store in terms of profitable trades.

Our trading ideas for today 17/1/23:


Long @ 1.0840

Short @ 1.0785


Long @ 1.2215

Short @ 1.2165

DAX® (GER40)

Long @ 15160

Short @ 15080

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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.

Any and all liability of the author is excluded.

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