Jump to content

Long dax with call options


Guest oilfxpro

Recommended Posts

Guest oilfxpro

Dax German 30 can shoot higher , the trend may continue.I have take this long position, encase dax breakout  into a trend happens today.I bought daily 13480 call for 6.2 , so my risk is limited to 6.2 ticks.If price closes at 1.3600 , my reward is 120 ticks - option cost of 6.2.The trade goes into profit above 13486.2, if it expires above this level I am in profit otherwise I will lose 6.2 ticks by 4.30 p m today.

 

My regular profit target is 20 to 30 ticks, this gives me consistent profit.

 

If you follow this trade , make sure you understand risk of loss of 6.2 tick.This trade is not advise to trade dax options.

dax breakout.jpg

 

 

call options dax.jpg

Link to comment

Archived

This topic is now archived and is closed to further replies.

  • General Statistics

    • Total Topics
      21,279
    • Total Posts
      90,908
    • Total Members
      41,390
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    H3ct0r2003
    Joined 06/02/23 18:40
  • Posts

    • Hi, I am practicing certain strategies in demo account. I have created few screeners but when i tried to buy or short sell different stocks shortlisted based on screener conditions, i am getting different kinds of errors. Some stocks you can buy but can't short-sell and so on. I searched in the forums and i understand different restrictions such as market cap should be so and so. Are these rules defined somewhere?  for e.g. one forum reply says market cap should be above 10 billion otherwise you will get second message in below list. However even i try to short sell a stock that has £30 billion market cap, i get the same error.  1. IG is not accepting opening trades on this market, you may only place an order to close. 2. Market you have requested is not longer available online Any suggestions on the above will be greatly appreciated. Thank you.
    • Charting the Markets - February 6, 2023 FTSE 100, DAX and S&P 500 tiptoe lower following strong US jobs report. EUR/USD and GBP/USD are topping out while EUR/GBP rallies. And gold, Brent crude, and natural gas head lower, as payrolls strengthen the dollar.                         This is here for you to catch up but if you have any ideas on markets or events you want us to relay to the TV team we’re more than happy to.
    • Natural gas has been in a consistent downtrend over recent months, and Joshua Mahony expects to see this decline continue. Josh therefore favours a short position, with a stop-loss at 2630 and target of 2232. He also looks back at the recent EUR/USD, USD/JPY, aluminium, and USD/CAD trades. Joshua Mahony | Senior Market Analyst, London | Publication date: Monday 06 February 2023           
×
×
  • Create New...