No Direction, No Profits

Dear traders,

Yesterday was none of our profitable trading days while every attempt to sell the euro or cable ended with a loss. The situation wasn’t better in the DAX. The index trended directionless sideways between 15300 and 15100.

Let’s see what today brings…

Daily Forex and DAX Signals:

If you are keen to know where we put Take-Profit and Stop-Loss, if we trade on a specific day or not and how we manage open positions, subscribe to our signals.

Our trading ideas for today 18/10/23:

EUR/USD

Long @ 1.0610

Short @ 1.0540

GBP/USD

Long @ 1.2215

Short @ 1.2170

DAX® (GER40)

Long @ 15310

Short @ 15190

 

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.