Profitable Monday

The euro surged to a high of 1.0497 which was more than 100 pips from our yesterday’s long entry level and thus provided euro bulls a good profit. However, the common currency refrained from a break above 1.05 while trading today again below 1.04.

Also, our short position in the DAX has hit its profit target. As long as the index remains below 14500, we for the downtrend.

Our trading ideas for today 29/11/22:


Long @ 1.0410

Short @ 1.0320


Long @ 1.2025

Short @ 1.1975

DAX® (GER40)

Long @ 14480

Short @ 14420

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.

We wish you good trades!

Any and all liability of the author is excluded.

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