Trading the trend: 5/10/22 Long DAX 40

In this week’s Trading the Trend, Axel Rudolph FSTA looks at a short-term trade which may last several hours to a few days.

Written by: Axel Rudolph FSTA | Senior Market Analyst, London

Publication date: 2022-10-06T01:42:01+0100

On the hourly chart go long the DAX 40 on a retracement lower at 12,445 with a stop loss at 12,345 and a take profit of 12,945, giving you a 5:1 profit ratio.

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