Fantastic Continuation Trades on the Dax for +50 points profitCreated: 26th Jan 2021
Very strong morning on the Dax, all starting from a pre-market buy at 7:04 – too early for trading really, but it sets the scene for an extremely strong session, after the market opens. Another buy at 7.44 before we hit our Trade of the Day at 9:00am. A text book continuation trade, hitting the trailing stop for a 3:1 profit of approx. 50 points. With a 1% risk, that’s a potential 3% profit in 40 minutes.
Category: Trade of the day