DAX trading – Page 7

No Direction, No Profits

October 18, 2023/in General News & Updates /by MaimarFX

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.

Daily Trading Signals

October 17, 2023/in General News & Updates /by MaimarFX

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 17/10/23:

EUR/USD

Long @ 1.0580

Short @ 1.0535

GBP/USD

Long @ 1.2225

Short @ 1.2175

DAX® (GER40)

Long @ 15290

Short @ 15190

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.

Subscribe to our daily signal service

We wish you good trades!

Any and all liability of the author is excluded.

www.maimar.co

How We Trade Today

October 12, 2023/in General News & Updates /by MaimarFX

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 12/10/23:

EUR/USD

Long @ 1.0640

Short @ 1.0570

GBP/USD

Long @ 1.2340

Short @ 1.2260

DAX® (GER40)

Long @ 15560

Short @ 15470

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.

www.maimar.co

Follow us on social media:

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Daily Trading Signals

October 10, 2023/in General News & Updates /by MaimarFX

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 10/10/23:

EUR/USD

Long @ 1.0590

Short @ 1.0530

GBP/USD

Long @ 1.2260

Short @ 1.2180

DAX® (GER40)

Long @ 15280 Hit profit target

Short @ 15190

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.

www.maimar.co

Follow us on social media:

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Relief Rally

October 5, 2023/in General News & Updates /by MaimarFX

The euro and British pound dipped towards lower targets before we saw some kind of relief rally yesterday. The EUR/USD tested the 1.0450-support area before it climbed back above 1.05. From a technical perspective, more bullish momentum could be in store now with next targets seen at 1.0550 and 1.0650.

A mix of better-than-expected U.K. data and weaker-than-expected U.S. data helped the British pound to move back above 1.2150. Above 1.2170 we see a next higher target at around 1.2250.

DAX

The index slid to 14950 before it stabilized somewhat around 15150. If the DAX can hold above 15100, it could possible test the 15400-region as a resistance.

The next driver for the currencies will be tomorrow’s U.S. NFP report, so volatility could be muted ahead of that event.

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.

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.

www.maimar.co

Follow us on social media:

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Daily Trading Signals

October 3, 2023/in General News & Updates /by MaimarFX

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 3/10/23:

EUR/USD

Long @ 1.0510

Short @ 1.0440

GBP/USD

Long @ 1.2120

Short @ 1.2060

DAX® (GER40)

Long @ 15190

Short @ 15140

Settings for all trades today: Entries from 8:00 am UTC, SL 25, TP 20-30

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.

www.maimar.co

Follow us on social media:

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Weitere Dollarstärke?

October 2, 2023/in General News & Updates /by MaimarFX

Willkommen im Monat Oktober und zu einer neuen Handelswoche.

Nachdem sich der September als ein sehr guter und profitabler Handelsmonat herausgestellt hat (unsere Performance liegt bei +390 Pips im letzten Monat), sind wir zuversichtlich, dass wir auch im Oktober einige gute Trades erwischen werden.

Im vierten Quartal könnte sich die Stärke des US-Dollars weiter durchsetzen. Diese Annahme beruht nicht nur auf der Divergenz in der Geldpolitik zwischen der Europäischen Zentralbank und der Federal Reserve, sondern auch auf den Aussichten der Eurozone, dass sich die makroökonomischen Bedingungen in den kommenden Monaten erheblich verschlechtern könnten, wobei Deutschland, das oft als Wachstumsmotor der EU angesehen wird, nun der “kranke Mann Europas” ist. Mit anderen Worten: Da sich Deutschland in einer technischen Rezession befindet, liegt die Wirtschaft der EU am Boden.

Darüber hinaus werden die Risikoaversion und die verstärkte Nachfrage nach Fluchtmöglichkeiten den Euro und das Pfund Sterling zusätzlich unter Druck setzen.

EUR/USD: Solange der Euro unter 1,0615 bleibt, stellen wir uns auf weitere Verluste in Richtung 1,04 ein. Auf der Oberseite sehen wir einen kurzfristigen Widerstand bei etwa 1,0670.

GBP/USD: Unterhalb von 1,2230 erwarten wir weitere Abwärtsdynamik in Richtung 1,20. Für eine Beschleunigung des Bullendynamik hingegen, müssten wir einen Ausbruch über 1,23 sehen.

DAX: Unterhalb von 15600 bleibt die Tendenz bärisch, wobei der Fokus auf die 15000er-Unterstützung gerichtet ist.

Wir wünschen gute Trades!

Der Inhalt des Beitrags spiegelt die persönliche Meinung des Autors wider. Dieser übernimmt für die Richtigkeit und Vollständigkeit keine Verantwortung und schließt jegliche Regressansprüche aus. Dieser Beitrag stellt keine Kauf- oder Verkaufsempfehlung dar.

www.maimar.co

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Further U.S. Dollar Strength?

October 2, 2023/in General News & Updates /by MaimarFX

Welcome to the month of October and a new trading week.

After September has proved a very good and profitable trading month, our performance is at +390 pips last month, we are confident that we will catch some good trades also in October.

In the fourth quarter the U.S. dollar’s strength might prevail. This assumption is not only based on the divergence in monetary policy between the European Central Bank and Federal Reserve, but also on the Euro zone’s prospects that macro conditions may deteriorate substantially in the coming months with Germany, often viewed as the driving force of the EU’s growth, being now the “Sick man of Europe”. In other words, with Germany being in a technical recession, the EU’s economy is in the doldrums.

Furthermore, risk aversion and increased haven demand will put additional pressure on the euro and pound sterling.

EUR/USD: As long as the euro remains below 1.0615, we prepare for further losses towards 1.04. On the upside we see a short-term resistance at around 1.0670.

GBP/USD: Below 1.2230 we expect further bearish momentum towards 1.20. For bullish momentum to accelerate we would need to see a break above 1.23.

DAX: Below 15600 the bias remains bearish with the focus turning to the 15000-support.

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.

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.

www.maimar.co

Follow us on social media:

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U.S. PCE Index In Focus

September 29, 2023/in General News & Updates /by MaimarFX

We saw a slight recovery in both EUR/USD, GBP/USD as well as the DAX on Thursday.

Next short-term bullish targets are 1.2280 in the cable and 1.0630 in the euro. The DAX could test the 15450-region.

Most attention will be paid to the PCE Index scheduled for release today at 12:30 UTC.

Have a very good 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.

Our trading ideas for today 29/9/23:

EUR/USD

Long @ 1.0610

Short @ 1.0540

GBP/USD

Long @ 1.2260

Short @ 1.2215

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.

www.maimar.co

Follow us on social media:

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Risk-Off Mode

September 28, 2023/in General News & Updates /by MaimarFX

Bearish momentum accelerated, sending our trading instruments towards lower targets.

The reason behind the steep sell-off is the bond sell-off and rising yields in the U.S., buoying the dollar while making risk assets unattractive.

The euro knew no other direction than south and hit the crucial 1.05-support area. A downside break below 1.0480 could spark fresh bearish momentum towards 1.0290 and further 1.01. A current resistance is however seen at around 1.07.

The pound sterling fell below 1.2170 and headed towards 1.21. Our next lower target is 1.20 now.

The DAX slid below 15400, heading towards 15100. Watch out for prices below 15070 now. On the topside, a current resistance comes in at 15400.

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 28/9/23:

EUR/USD

Long @ 1.0535

Short @ 1.0485

GBP/USD

Long @ 1.2210

Short @ 1.2125

DAX® (GER40)

Long @ 15310

Short @ 15210

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.

www.maimar.co

Follow us on social media:

Facebook

Twitter

Instagram