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Work-Life-Balance

This week went quite well in terms of trading and although the DAX eliminated some previous profits yesterday, we were able to close our performance on balance positive. Thus, we stand this week +41 pips in EUR/USD, +56 pips in GBP/USD and still +40 points in the DAX in profit. This is enough for us for now, which is why we will not invest much more today.

We advise traders again and again to set a weekly profit target and as soon as this is reached, to let the trading rest and dedicate themselves to life :)

In this sense, we wish everyone a beautiful weekend.

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.

 

German translation:

Diese Woche lief handelstechnisch ganz gut und obwohl der DAX uns gestern noch einen Strich durch die Rechnung machte, konnten wir unsere Performance unterm Strich positiv abschließen. Somit stehen wir diese Woche +41 pips im EUR/USD, +56 pips im GBP/USD und noch +40 Punkte im DAX im Gewinn. Das reicht uns erstmal weshalb wir heute nicht mehr viel investieren werden.

Wir raten Tradern immer wieder sich ein Wochengewinnziel zu setzten und sobald dieses erreicht ist, das Trading mal ruhen zu lassen und sich dem Leben zu widmen :)

In diesem Sinne wünschen wir allen ein schönes Wochenende.

 

Wenn auch Sie wissen möchten, wo wir unseren Stopp-Loss und Take-Profit setzen und ob wir an einem bestimmten Tag handeln oder nicht, sowie wie wir unsere Positionen managen, dann abonnieren Sie unseren Signalservice.

U.S. Dollar Strength To Continue?

The U.S. dollar continued its climb against the euro and British pound which was mainly due to higher Treasury yields.

The EUR/USD fell below 1.0760 and extended its tailspin towards 1.07. The area around 1.0660 is seen as a next lower support, whereas on the upside, the 1.0850-70 zone may serve as a resistance for now.

The pound sterling dropped below 1.2540 and further towards 1.2480. We see a next lower target at around 1.2440. A short-term resistance is however seen at 1.2550.

In the DAX there is nothing new to report since it remains trading within its sideways trading range between 16300 and 15600.

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 7/9/23:

EUR/USD

Long @ 1.0760

Short @ 1.0715

GBP/USD

Long @ 1.2530

Short @ 1.2490

DAX® (GER40)

Long @ 15760

Short @ 15670

 

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.

Copyright © All Rights Reserved 2023 MaiMarFX.

www.maimar.co

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Daily Trading Signals

This week went off to a quiet start with very little movement in the U.S. dollar crosses. Our buy order in the GBP/USD at 1.2630 ended with a small loss of 4 pips. Elsewhere however, in the DAX, we were able to pocket a profit yesterday with a buy order at 15910 and a successful take profit at 15950.

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 5/9/23:

EUR/USD

Long @ 1.0820

Short @ 1.0740

GBP/USD

Long @ 1.2630

Short @ 1.2580

DAX® (GER40)

Long @ 15790*

Short @ 15740

 

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.

Copyright © All Rights Reserved 2023 MaiMarFX.

www.maimar.co

Follow us on social media:

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Fed Decision And Trading Signals

It’s Federal Reserve decision day. The central bank is expected to raise interest rates by 25bp to a range of 5.25-5.50 percent. This move is fully priced in. The focus will be on the policy guidance for the next months. If Fed Chair Jerome Powell indicates more hawkish moves ahead, the U.S. dollar will rise. If he abandons his hawkish rhetoric instead, the dollar will weaken.

However, today’s decision could be less volatile for traders since no summary of economic projections will be provided this time.

The Fed decision is due at 18:00 UTC today, followed by the Fed’s press conference 30 minutes later.

Summer doldrums: We advise traders not invest too much or doing a trading break since volatility typically remains at very muted levels during the summer months of July and August. When volatility is low, there is more to lose than to gain.

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 26/7/23:

EUR/USD

Long @ 1.1125

Short @ 1.1035

GBP/USD

Long @ 1.2915

Short @ 1.2865

DAX® (GER40)

Long @ 16280

Short @ 16190

 

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.

Copyright © All Rights Reserved 2023 MaiMarFX.

www.maimar.co

Follow us on social media:

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Quiet Summer Trading

Dear traders,

Summer doldrums: We advise traders not invest too much or doing a trading break since volatility typically remains at very muted levels during the summer months of July and August. When volatility is low, there is more to lose than to gain.

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 19/7/23:

EUR/USD

Long @ 1.1270

Short @ 1.1190

GBP/USD

Long @ 1.3040

Short @ 1.2930

DAX® (GER40)

Long @ 16220

Short @ 16090

 

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.

Copyright © All Rights Reserved 2023 MaiMarFX.

www.maimar.co

Follow us on social media:

Facebook

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Bullish Bias

We saw some bullish breakouts yesterday with the pound sterling rising towards 1.30 and the euro breaking above 1.11. Also, the DAX headed, as expected, towards 16000 and finds itself currently at around 16050.

The reason for the bullish bias was a slower-than-expected U.S. inflation print in June. This reinforced the market’s assumption of a nearing end of the Federal Reserve’s tightening cycle. The greenback thus weakened against other peers.

Traders should brace for upcoming corrections in short-term time frames, even though the latest bullish moves appeared to be strong – paving the way for a continuation of the uptrend.

 

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 13/7/23:

EUR/USD

Long @ 1.1160

Short @ 1.1125

GBP/USD

Long @ 1.3020

Short @ 1.2980

DAX® (GER40)

Long @ 16060

Short @ 15970

 

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.

Copyright © All Rights Reserved 2023 MaiMarFX.

www.maimar.co

Follow us on social media:

Facebook

Twitter

Instagram

Daily Trading Signals

The GBP/USD is heading towards 1.30 but caution is warranted. The pair is in overbought territory and 1.30 could act as a short-term resistance after being a former support.

DAX: Instead of falling further, the index climbed back above 15750 and hit 15850. As mentioned on our analysis from Monday we now expect a next higher target to be at 16000 – provided that the 15700-mark holds.

 

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 12/7/23:

EUR/USD

Long @ 1.1040

Short @ 1.0970*

GBP/USD

Long @ 1.2965

Short @ 1.2925

DAX® (GER40)

Long @ 15880

Short @ 15790

 

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.

Copyright © All Rights Reserved 2023 MaiMarFX.

www.maimar.co

Follow us on social media:

Facebook

Twitter

Instagram

Daily Trading Signals

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 28/6/23:

EUR/USD

Long @ 1.0965

Short @ 1.0910

GBP/USD

Long @ 1.2765

Short @ 1.2720

DAX® (GER40)

Long @ 15930

Short @ 15840

 

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.

Copyright © All Rights Reserved 2023 MaiMarFX.

www.maimar.co

Follow us on social media:

Facebook

Twitter

Instagram

Daily Trading Signals

Have a wonderful weekend everyone!

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 23/6/23:

EUR/USD

Long @ 1.0960

Short @ 1.0915

GBP/USD

Long @ 1.2760

Short @ 1.2690

DAX® (GER40)

Long @ 15990

Short @ 15840

 

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.

Copyright © All Rights Reserved 2023 MaiMarFX.

www.maimar.co

Follow us on social media:

Facebook

Twitter

Instagram

Forex And DAX Trading Signals

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 20/6/23:

EUR/USD

Long @ 1.0935

Short @ 1.0880

GBP/USD

Long @ 1.2810

Short @ 1.2765

DAX® (GER40)

Long @ 16260

Short @ 16140

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.

Copyright © All Rights Reserved 2023 MaiMarFX.

www.maimar.co

Follow us on social media:

Facebook

Twitter

Instagram