Profitable Trading Start

Dear traders,

The week started very profitable with two take-profits in our sell orders in the EUR/USD and GBP/USD yesterday. We will therefore not reinvest that profit today. Elsewhere, the DAX fluctuated directionless sideways within its resistance zone. Let’s wait and see.

Daily Forex and DAX Signals:

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Our trading ideas for today 5/12/23:

EUR/USD

Long @ 1.0880

Short @ 1.0785

GBP/USD

Long @ 1.2675

Short @ 1.2590

DAX® (GER40)

Long @ 16440

Short @ 16360

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.