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The Only Beneficiary Of This Week’s Low Volatility Is The DAX

As expected, this week turned out to be quieter in terms of profitable trading opportunities amid low volatility. Yesterday, we had no entry triggered in both EUR/USD and GBP/USD whereas the high-flying DAX provided again some gains for the bulls. Our long entry at 18420 has thus proved profitable.

The PCE inflation data, scheduled for release tomorrow, on Good Friday, will be the only interesting piece of data this week.

However, even though thin liquidity has the potential to trigger straight-lined and sometimes even bigger market moves, we prepare for smaller swings and quiet trading conditions ahead of the Easter holidays.

 

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 28/3/24:

 

DAX® (GER40)

Long @ 18530*

Short @ 18470

Settings for the DAX today: Entries from 8:00 am UTC, SL 25, TP 100

 

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 2024 MaiMarFX.

www.maimar.co

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

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.

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

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100 Points DAX Profit

We were able to catch a big fish yesterday with our buy order in the DAX which provided a gain of 100 points.

Have a fabulous weekend everyone!

Our trading ideas for today 25/11/22:

EUR/USD

Long @ 1.0430

Short @ 1.0380

GBP/USD

Long @ 1.2130

Short @ 1.2090

DAX® (GER40)

Long @ 14580

Short @ 14490

Settings for all trades today: Entries from 8:00 am UTC, SL 25

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 2022 MaiMarFX.

www.maimar.co

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Profitable Week

Slower-than-expected U.S. inflation gave a boost to risk appetite, pushing both euro and British pound above bullish breakout levels. Both of our yesterday’s long entries in EUR/USD and GBP/USD have hit their profit targets easily. Overall, we were able to secure a very good weekly profit which is why we do not trade today.

Our trading ideas for the DAX today 11/11/22:

DAX® (GER40)

Long @ 14280

Short @ 14230 Hit TP in a few minutes

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 2022 MaiMarFX.

www.maimar.co

Follow us on social media:

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U.S. Midterm Elections: Tight Race

The U.S. dollar weakened against other counterparts while investors await results from the U.S. midterm elections. Early tallies showed the outcome will be closer than expected. For the dollar to find support the Democrats need to keep control of both the House and the Senate.

EUR/USD

The euro traded around the parity level and any price breakouts either above 1.01 or below 0.99 will attract our attention. Above 1.01 a higher target will be at 1.0180. Below 0.9870 a lower target will be at 0.98.

GBP/USD

As long as the cable remains below 1.16, we favor the downtrend with a next lower target seen at 1.1250. Above 1.1650 however, we will pencil in a higher target at 1.1850.

Our trading ideas for today 9/11/22:

EUR/USD

Long @ 1.0090

Short @ 1.0040

GBP/USD

Long @ 1.1565

Short @ 1.1520

DAX® (GER40)

Long @ 13660

Short @ 13560

Settings for all trades today: Entries from 8:00 am UTC,  SL 25

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 2022 MaiMarFX.

www.maimar.co

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Daily Forex And DAX Signals 26/7/22

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.

EUR/USD

Long @ 1.0225

Short @ 1.0180

GBP/USD

Long @ 1.2065

Short @ 1.2040

DAX® (GER30)

Long @ 13220

Short @ 13140

 

Monthly results 2022:

June 2022: +333 pips

May 2022: +172 pips

April 2022: +111 pips

March 2022: +689 pips

February 2022: +531 pips

January 2022: +766 pips

 

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 2022 MaiMarFX.

www.maimar.co

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Daily Forex And DAX Signals 19/7/22

Daily Forex & 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.

EUR/USD

Long @ 1.0160

Short @ 1.0110

GBP/USD

Long @ 1.1980

Short @ 1.1940

DAX® (GER30)

Long @ 12910

Short @ 12830

 

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.

Monthly results 2022:

June 2022: +333 pips

May 2022: +172 pips

April 2022: +111 pips

March 2022: +689 pips

February 2022: +531 pips

January 2022: +766 pips

 

We wish you good trades!

Any and all liability of the author is excluded.

Copyright © All Rights Reserved 2022 MaiMarFX.

www.maimar.co

Follow us on social media:

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Powell Testimony And Daily Signals 22/6/22

Federal Reserve Chair Jerome Powell is expected to reinforce the commitment to fight inflation when he appears before Congress today at 13:30 UTC. Any hawkish remarks will be bearish for the market.

EUR/USD: We will pay tabs on prices above 1.0670 or below 1.0470. Above 1.0670, a higher target is at 1.0750. Below 1.0470, the focus turns back to a bearish break of 1.0340 with a lower target seen at 1.02.

GBP/USD: Currently we are looking at a trading range between 1.2450 and 1.1950. The bias remains however bearish as long as the pair trades below 1.24.

DAX: Bearish bias below 13500 with a lower target at 12440. The sentiment will change in favor of the bulls if the 14000-hurdle is cleared to the upside.

Daily Forex, DAX And Crypto 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.

EUR/USD

Long @ 1.0530

Short @ 1.0485

GBP/USD

Long @ 1.2260

Short @ 1.2210 Trade has hit profit target

DAX® (GER30)

Long @ 13110

Short @ 13060

 

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 2022 MaiMarFX.

www.maimar.co

Follow us on social media:

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Daily Forex, DAX And Crypto Signals 7/6/22

Daily Forex, DAX And Crypto 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.

EUR/USD

Long @ 1.0720

Short @ 1.0665

GBP/USD

Long @ 1.2560

Short @ 1.2420

DAX® (GER30)

Long @ 14580

Short @ 14520

ETH/USD

Long @ 1830

Short @ 1740

 

Monthly results 2022:

May 2022: +172 pips

April 2022: +111 pips

March 2022: +689 pips

February 2022: +531 pips

January 2022: +766 pips

 

Results 2021:

December 2021: +61 pips

November 2021: +452 pips

October 2021: +165 pips

September 2021: +578 pips

August 2021: +135 pips

July 2021: +34 pips

June 2021: +264 pips

May 2021: +528 pips

April 2021: +278 pips

March 2021: +45 pips

February 2021: +42 pips

January 2021: +472 pips

 

Results 2020:

December 2020: +318 pips

November 2020: +75 pips

October 2020: +432 pips

 

Any and all liability of the author is excluded.

Copyright © All Rights Reserved 2022 MaiMarFX.

www.maimar.co

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DAX: Waiting For Price Breakouts After Days of Consolidation

The GBP/USD bounced off nearly 1.26 and slipped toward 1.2470. Short traders were able to profit from that bearish move. As stated in our analysis from Monday, we see a crucial resistance area between 1.26 and 1.2650, whereas on the downside, we expect a current support to come in at 1.24.

The DAX has not been one of our favorite trading instruments lately, since the index consolidated between 14250 and 13900. However, one thing is certain: A price breakout will come, probably very soon. We will focus on a price breakout above 14200 or a downside break below 13800.

Our trading idea for today 25/5/22:

DAX® (GER30)

Long @ 14060

Short @ 13990

We wish you good trades!

Any and all liability of the author is excluded.

Copyright © All Rights Reserved 2022 MaiMarFX.

www.maimar.co

Follow us on social media:

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