Signal_Centre

DAX - Triggered Long

Long
OANDA:DE30EUR   Germany 30
DAY TRADE - EXPIRES AT 9PM

Trade Idea

Broken out of the wedge formation to the upside.
The medium term bias remains bullish .
Bespoke support is located at 12226.
Positive overnight flows lead to an expectation of a firm open this morning.
Further upside is expected although we prefer to set longs at our bespoke support levels at 12300, resulting in improved risk/reward.

We look to Buy at 12300
Stop: 12250
Target 1: 12500
Target 2: 12600

Updates
The move to 12300 triggered our long trade
Updated: 2019-07-15 10:39:38
Comment: In the interest of money management, we look to move the stop to 12290. No profit has been taken

Updated: 2019-07-15 11:23:42
Comment: In the interest of money management, we look to move the stop to 12360. No profit has been taken.
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Comments

The test of 12360 is a min target . Enjoying your company ! well done pal.
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Reverse all in long
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4.236 worked well today
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REVERSE ALL IN SHORT A CROSS THE BOARD
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Good morning @fatboy007,

We have posted our analysis for DAX here...

Concerned about this head and shoulders setup on the 240min chart. Looking for a bit more downside.

Reply
fatboy007 Signal_Centre
@Signal_Centre, with regards to DAX 240 min chart ,unfortunately we can not see your level of entry as valid entry as we have no support in this area from our view , but 11870 -11950 area is solid ground . Please remember this is just our view . Thanks for your time . Good luck
Reply
Signal_Centre fatboy007
@fatboy007, markets are all about different opinions! There is no reason why we cannot both be right.

Best of luck to you too.
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fatboy007 Signal_Centre
@Signal_Centre, with regards to targets , 12295.36 12325.64 12438 12461
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fatboy007 Signal_Centre
@Signal_Centre, for today target on DAX as min 12438
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Morning pal
Long on DAX and DOW from current levels
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