DAX long

21 thg 5, 2016Dax in a rising channel with higher lows. low risk trade to the upside risk just over 1% profit if makes it 5% approx
start short if below red line on chart.

Fundamentals helpful as USD strengthening against EUR. which helps tourism and exports. interest rate environment still has a long time to run thus helping companies with financing and expansion.

25 thg 5, 2016

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DAX position now in profit. go baby!!
Just watch possible short below 9751. Still in play.

30 thg 5, 2016

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Stop moved to 10250. we are in profit now in cumulative position and now what ever happens we walk away with a nice trade.

Note. since I have tighten my stop is very possible that we may get stopped out. but as mentioned a decent distance for a stop on DAX is 100 points I find. we are only 83 now.

31 thg 5, 2016

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Trade Closed