DAX Daily Short Setup: Targeting 19,700
The DAX approached its previous high but failed to break through, signaling potential exhaustion at these levels. In response, I have initiated a short position, targeting a retracement to the 19,700 price zone.
Fundamental Insights:
1. Economic Uncertainty: Disappointing inflation data from China has sparked concerns about demand for German goods, which weighed heavily on DAX futures during the Asian session.
2. Sector Weakness: The auto sector, including Porsche, BMW, and Volkswagen, saw significant declines due to lingering tariff threats and softening demand.
3. US Jobs Report Impact: Friday’s US Jobs Report could further dictate market sentiment. A weaker report may boost expectations for rate cuts, providing temporary support to the DAX. Conversely, stronger data may reinforce bearish momentum.
4. German Economic Indicators: While November’s industrial production showed a 1.5% rise, weak factory orders suggest limited optimism. Imports fell 3.3%, signaling declining demand, further justifying a cautious short bias.
Technical Outlook:
• The DAX remains above its 50-day and 200-day EMAs, indicating bullish momentum. However, failure to sustain above 20,523 strengthens the likelihood of a retracement.
• The RSI near 59 suggests room for further downside before approaching oversold conditions.
As always, maintain disciplined risk management. Let’s see how this setup unfolds!
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
Fundamental Insights:
1. Economic Uncertainty: Disappointing inflation data from China has sparked concerns about demand for German goods, which weighed heavily on DAX futures during the Asian session.
2. Sector Weakness: The auto sector, including Porsche, BMW, and Volkswagen, saw significant declines due to lingering tariff threats and softening demand.
3. US Jobs Report Impact: Friday’s US Jobs Report could further dictate market sentiment. A weaker report may boost expectations for rate cuts, providing temporary support to the DAX. Conversely, stronger data may reinforce bearish momentum.
4. German Economic Indicators: While November’s industrial production showed a 1.5% rise, weak factory orders suggest limited optimism. Imports fell 3.3%, signaling declining demand, further justifying a cautious short bias.
Technical Outlook:
• The DAX remains above its 50-day and 200-day EMAs, indicating bullish momentum. However, failure to sustain above 20,523 strengthens the likelihood of a retracement.
• The RSI near 59 suggests room for further downside before approaching oversold conditions.
As always, maintain disciplined risk management. Let’s see how this setup unfolds!
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
交易進行
DAX Trade Update: Taking Partials at Key Levels
The DAX trade has reached a profit of 2% and is currently interacting with the FibCloud level. This area may act as a potential retracement point around the 20k price zone. In light of this, I’ve decided to start securing profits by taking partials at this level.
Plan:
• Monitor price action closely for signs of further retracement.
• Adjust stop loss to ensure the trade remains low-risk while maximizing gains.
Enjoy the trading week and stay disciplined. Remember to always pay yourself!
交易結束：達到停損點
The position has hit the stop loss, but thanks to effective risk management, it still ended up profitable. With 90% of the position closed at a 2% profit, the remaining 10% hit the stop loss at -1.8%, resulting in an overall gain. This is a great example of how proper planning can turn a potential loss into a win.
Key Takeaway: Risk management is critical in trading—it’s not always about avoiding losses but ensuring profitability even in challenging scenarios.
Pay yourself and stay disciplined! Wishing you all a successful trading week!
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