Germany 30
Long
Mis à jour

DAX Aggressive trend following setup

817
Dax and many other stock indices are trading in strong uptrends. Pullbacks are shallow as investors enter at any short term dip, fueled by Quantitative Easing Europe edition.
Under this type of trends, it be might be necessary to be less conservative and more aggressive in entry to be able to ride the trend.

Therefore, I am long targeting the most recent high at 13303 and 13535. A break below the blue shaded support area would stop me out of the trade with a small loss of 1% of capital.

Best
Tech
Note
First Target hit

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.