Hi for everyone do you trade dax everyday?
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Disliked{quote} As I posted a few days ago, I have changed from FX to the DAX due to the lack of volatility in FX.......here's a trade I have just taken - posted elsewhere....another 20 points banked FYI, the 10 Day ADR in € = 19, GBP = 65 and UJ = 22......DAX = 120....... Edit: rinse and repeat in the 13:59 candle..... {image}Ignored
DislikedI do trade the UK100 (lower margin requirements than SPX) and must admit that trading indices CFD's intra-day has proven to be more profitable for me. Not much of a charts posting guy but i'd recommend CFD trading to be at least taken a look. Some of the important aspects to bear in mind are: > margin requirements > spread (if variable, peak time tight spreads and low liquidity spreads, if trading variable spreads) > overnight swaps (in case a trade is left open overnight) The profits (and losses) are quicker to realize. But the more time you spend,...Ignored
Dislikedrespected every one and gud am is dax will go up today or continue its way down ? plz i need your help 3nxIgnored
Dislikedso did u think dax will cross down daily pivot 9750 i m so worried your expectation regarding german newsIgnored
Dislikedso did u think dax will cross down daily pivot 9750 i m so worried your expectation regarding german newsIgnored
Disliked{quote} From my point of view, the only reason for you to be worried is that you have a too big loosing trade open. I guess that we have all done that ourselves and if this is correct, then you need to calculate the price at which your loss becomes a margin call and then take some action BEFORE that happens. Remember that the FIRST loss that you take will ALWAYS be better than a margin call. ALso, IF the German Data in 40 minutes is away from expectations there will be a large fast spike...... Good luck PS as an intra day trader, I am flat into...Ignored
Disliked{quote} Not sure if it will cross down 9750 today... But I do see 9689, a good level to go long from. Strong support at 9639, so i'd place my stops some points below. Covering to BE after 9839 is taken out or book partial profits there and let the rest run to 10k mark. Edit: A finer entry would be 9674 and stops at 9634Ignored