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:
EUR/USD
Long @ 1.0840
Short @ 1.0785
GBP/USD
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.
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