profitable DAX trading

Profitable Trading Month June And Daily Signals

July 1, 2022/in General News & Updates /by MaimarFX

U.S. dollar bulls were able to profit on the last day of June before gains were reversed towards the end of the trading day. However, our signals performed well last month with the DAX being the main breadwinner. Only yesterday we have almost gained another 100-points-profit in the DAX but unfortunately missed it by a few minutes.

We wish everyone a wonderful weekend!

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 @ 1.0475

Short @ 1.0440

GBP/USD

Long @ 1.2165

Short @ 1.2110

DAX® (GER30)

Long @ 12710

Short @ 12640

ETH/USD

Long @ 1130

Short @ 1030

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.

www.maimar.co

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Recession Fears

April 4, 2022/in General News & Updates /by MaimarFX

We have made a pit stop after another high-profitable trading month came to a close. Our trading performance in March stands at a 689-pips gain and is particularly a result of the heightened volatility in the market following Russia’s invasion of Ukraine. As for the war in Ukraine, there remains risk of a sudden course change that can hit the market hard, but for now, risk appetite plays a major role in current market trends. Nonetheless traders should bear in mind that implications for higher energy and grains commodity prices and the resulting recession risk are an increasingly real threat to the markets – maybe not today but perhaps in a few months.

EUR/USD – Heading back south

After the euro’s flight to a high of 1.1185, the currency pair headed back south and we now wait for the 1.0985-support area to get tested. Below 1.0940, we anticipate further losses towards 1.0885. Bulls on the other side will keep tabs on renewed price breaks above 1.1140 to bet on a run for 1.1250 or even 1.13.

GBP/USD – Technical outlook below 1.3220: Bearish

As long as the short-term resistance area around 1.3220 remains unbroken, we expect further losses towards 1.30 and possibly even 1.2920.

DAX – Hovering below 15000

The crucial 15000-threshold remains unbroken, at least until now. As long as bulls are unable to drive the index above 14800, we will pay attention to a break below 14400. Below 14400, next targets will be at 14200 and 14100.

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

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Strong Reason For Caution

March 30, 2022/in General News & Updates /by MaimarFX

Markets overreacted on Tuesday amid optimism around the potential for a peace deal between Ukraine and Russia. While there appeared little immediate prospect of a cease-fire after talks in Turkey, market participants drove the euro, DAX and other risk assets higher. Nonetheless, there is still strong reason for caution, so traders should evaluate their risk exposure.

However, we were able to cash in profits with all of our yesterday’s long entries in both EUR/USD and GBP/USD as well as the DAX.

Daily Forex, DAX And Crypto Signals 30/3/22:

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 @ 1.1135

Short @ 1.1070

GBP/USD

Long @ 1.3160

Short @ 1.3080

DAX® (GER30)

Long @ 14780

Short @ 14710

ETH/USD

Long @ 3430

Short @ 3360

Monthly results 2022:

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

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GBP/USD Heads Towards 1.33, Entering Overbought Territory

March 23, 2022/in General News & Updates /by MaimarFX

Overall, Tuesday has been a profitable day with two profitable long positions in the GBP/USD and DAX. The only loser was the EUR/USD where we had to record a losing trade with our buy attempt.

GBP/USD: Sterling bulls should be careful since the pair entered overbought territory, making corrections more likely now. However, if the cable can hold above 1.3180, we could see further gains towards 1.3450. Below 1.3170, bears are back in control.

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.

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

Try out our new signals for cryptocurrencies:

ETH/USD

Long @ 2990

Short @ 2930

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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Profitable Week So Far

February 16, 2022/in General News & Updates /by MaimarFX

Investors have moved to less-defensive positions amid signs of a Ukraine de-escalation. Russia’s apparent pullback led to some relief in the market and risk appetite drove the U.S. dollar lower and risk assets higher. We were able to book some good profits with our buy position in the EUR/USD, our sell position in the GBP/USD and last but not least our buy position in the DAX that surged by more than 3 percent from our entry level.

Today, the FOMC minutes at 19:00 UTC will be closely watched. If the minutes are perceived as hawkish, the dollar could soar against other counterparts.

Daily Forex 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.

Try out our new signals for cryptocurrencies:

ETH/USD

Long @ 3160

Short @ 3090

We wish you good trades!

Any and all liability of the author is excluded.

www.maimar.co

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GBP/USD: Time For A Rebound After Days of Sell-Off?

July 21, 2021/in General News & Updates /by MaimarFX

The British pound extended its slide towards 1.3570 and pound traders wonder whether there will be room for small rebounds now since sterling finds itself in oversold territory after days of sell-off.

While we believe that the recent downtrend in the GBP/USD could persist, we will watch out for corrections towards 1.3750. On the downside, we consider the 1.3550-area as a next support.

The EUR/USD traded with a slight downward tilt but price action was muted ahead of tomorrow’s ECB decision. We continue to watch out for a break below 1.1730 and 1.17.

It has been a very profitable trading day in terms of our daily entries in the DAX as both long and short entry have proved profitable amid yesterday’s sideways fluctuations.

Daily Forex 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

We wish you good trades!

Any and all liability of the author is excluded.

www.maimar.co

Follow us on social media:

Facebook

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Instagram