Dear traders,
we all know that european stock are allucinated by QE and are going to go higher.
DAX gives a first sign that hw may turn higher again having putting in a bullish engulfing candle closing at 11600.
You can BUY DAX with a stop loss few pips below the low of today's candle, or lets say 20 pips below 11400.
First target is 12000 (close half position) then we wait price to touch 12400 while taking stoploss at a daily close few pips below 11600.
Cheers
R
we all know that european stock are allucinated by QE and are going to go higher.
DAX gives a first sign that hw may turn higher again having putting in a bullish engulfing candle closing at 11600.
You can BUY DAX with a stop loss few pips below the low of today's candle, or lets say 20 pips below 11400.
First target is 12000 (close half position) then we wait price to touch 12400 while taking stoploss at a daily close few pips below 11600.
Cheers
R