German30 / DAX30 thread

This is a discussion on German30 / DAX30 thread within the Indices forums, part of the Markets category; IG (UK broker) and yes spread bet DAX...

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Old Sep 23, 2016, 9:51pm   #33
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10pips started this thread IG (UK broker) and yes spread bet DAX
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Old Sep 23, 2016, 10:29pm   #34
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IG (UK broker) and yes spread bet DAX
That's excellent. I have been using IG Index for many years. Excellent broker. Do you use the Daily Funded Bets please?
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Old Sep 24, 2016, 10:52pm   #35
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10pips started this thread 2 likely trades

Sell @ 10687 (22pip SL) - Target 10300s

Buy @ 10521 (16pip SL) - Target 10700 & 10770s

Last edited by 10pips; Sep 25, 2016 at 11:51am.
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Old Sep 26, 2016, 9:52am   #36
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2 likely trades

Sell @ 10687 (22pip SL) - Target 10300s

Buy @ 10521 (16pip SL) - Target 10700 & 10770s

-18 but she has fallen from 10704 trading at 10480s..

Would have been lovely if the 'sell' trade triggered

Rehan, 10666 - any reason why you felt this was a short area?
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Old Sep 26, 2016, 10:00am   #37
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-18 but she has fallen from 10704 trading at 10480s..

Would have been lovely if the 'sell' trade triggered

Rehan, 10666 - any reason why you felt this was a short area?
Thanks very much for that 10pips. Will definitely keep an eye on the above levels. For the 10666, I was actually looking at a potential downward move on the Dow and taking the Dax down with it.
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Old Sep 27, 2016, 4:00pm   #38
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10pips started this thread Falling from 10700 to now trading @ 10300.

Quite a lot of whipsaw prior US pres. election - as much as I'd like DAX to fall further; there is always that element of it bouncing from here and monthly candle finishing as DOJI to illustrate uncertainty.

For now I'll be looking for supply zones with tight stop losses albeit missing one early this week waiting for 10687, but index peaking only around 10620s.
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Old Sep 27, 2016, 6:54pm   #39
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10pips started this thread Placed a sell order @ 10448 with 18pip SL with open target at bearish weekly candle close.

I noticed it bounced of previous demand zone starting from 10293 (which I failed to place on my chart) 45pip risk would now be in profit of 100pips and targeting 14450 - but considering am bearish overall based on monthly candle - I wouldn't have taken this nonetheless.
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Old Sep 28, 2016, 9:38am   #40
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10pips started this thread -18pips. and she's now trading at @ 10500+

Supply zone @ 10687 still in play and will see how today's daily candle closes.

On the flipside, the demand zone @ 10297 with 45pip risk would have come good, targeting @ 10450; That is 1:3 risk reward. (153pips profit).
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