Jump to content

Dax potential trade of the week

Guest oilfxpro

Recommended Posts

Guest oilfxpro

On Monday buy long 12800 call weekly for about 40 ticks( maximum 60) , this type of strategy has worked in the past on indices.Let the option expire on Friday.



Trader can only lose 40 ticks , the maximum risk.If it fails and loses , I will buy again the following week.I don't know what the price will be on the options on Monday.


My next area of support is 124000  , where  I will repeat the trade and repeat it lower at 11900 with options.Dow has started a correct , it is possible the market may either rebound or correct further. No risk no reward/ no pain no gain.


dax weekly ytrade.jpga





In regards to the  analysis, no representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. IG  or original poster accepts no responsibility for any use that may be made of these comments and for any consequences that result.

Link to comment
Guest oilfxpro

Dax is a buy based on weekly charts , buy the dip,  but if Dow corrects  it will take the Dax lower.As a trader I follow my methods like buy the dip.Trader never know what will happen next , just control the risk of loss.


dax wekly   4 h.jpgdax.jpgdax2.jpgdow dax.jpgDOW.jpg

Link to comment


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

  • image.png

  • Posts

    • In the realm of cryptocurrency exchanges, playing by the rules isn’t just a suggestion—it’s a must for staying in the game. Most major centralized exchanges (CEXs) strive to adhere to these regulations, implementing measures to prevent money laundering and illicit activities. However, a recent controversy has emerged with BingX, a top CEX, defying US sanctions by allowing Iranian users full access to its platform. BingX facilitates Iranian Rial trading, directly violating US sanctions. They allow Iranian users to trade cryptocurrencies without KYC verification. This, along with offering peer-to-peer (P2P) transactions using Iranian fiat currency, further raises red flags. This incident is reminiscent of the past troubles faced by giants like Binance, who were caught facilitating transactions for sanctioned individuals, resulting in a $4.5 billion plea deal with US authorities in 2023. The question remains: will this defiance by BingX lead to its downfall? Regulatory bodies in the US, like the SEC or DOJ, might take action.However, the severity of the situation raises questions about the long-term viability of the exchange and whether it may face the prospect of closure or severe penalties for its actions. As governments grapple with the complexities of digital assets, CEXs that prioritize expansion over compliance will likely face increasing scrutiny and potential consequences.  
    • The exchange continues to offers it's  users significant opportunities through its ecosystem products like PoolX and Launchpool. By participating in these platforms, users can benefit from various services such as staking, liquidity mining, and accessing new project opportunities. PoolX enables users to stake their assets and earn rewards through flexible investment options. Launchpool provides users with the chance to participate in early-stage project offerings. Overall, engaging with Bitget ecosystem products can diversify investment portfolios and facilitate exposure to new and promising projects in the crypto space.
    • Are you new to the world of crypto and eager to get started? Today's crypto landscape offers unprecedented opportunities for newcomers, with many building impressive portfolios without any initial investment.  In 2024, the crypto world is buzzing with a continuous flow of airdrops and giveaway events. Recently, a friend I introduced to crypto boasted a $3k portfolio, all acquired without spending a penny. Since March, over seven projects have generously distributed airdrops, and upcoming listings like OEX, Notcoin, and BEYOND are adding to the excitement. Free money is waiting to be claimed once again. For those still unsure about diving into crypto, hesitation could mean missing out on a unique opportunity. But fear not, especially my fellow Africans! A well-known crypto exchange is offering new users the chance to claim a share of 10,000 BGB just for signing up. It's the perfect incentive to kickstart your crypto journey. Need guidance or want to seize more airdrop opportunities? Feel free to reach out – I'm here to help you navigate the crypto world.
  • Create New...