Global Indices Trading Ideas: Indices continue to edge higher
Dow Jones edges higher amid earnings
Trading Idea: Trending higher
Entry point | Stop loss | Take Profit 1 | Take Profit 2 |
31320 | 31000 | 31750 | 32157 |
Comment: Trading above moving averages and the pivot point favors the rise. However RSI and MACD suggests a reversal
Order Type: Buy Limit
Risk-reward ratio (SL to TP 1): 1:1.343
Risk-reward ratio (SL to TP2): 1:2.62
Nasdaq 100 continue its rise
Trading Idea: Trending higher
Entry point | Stop loss | Take Profit 1 | Take Profit 2 |
11350 | 11150 | 11550 | 11873 |
Comment: Breaching the ranging channel and above the pivot point favors the rise. However RSI and MACD suggests a reversal
Order Type: Buy Limit
Risk-reward ratio (SL to TP 1): 1:1
Risk-reward ratio (SL to TP2): 1:2.62
DAX30 near 13000
Trading Idea: Trending higher
Entry point | Stop loss | Take Profit 1 | Take Profit 2 |
12900 | 12750 | 13100 | 13292 |
Comment: Trading above moving averages and the pivot point favors the rise. However RSI and MACD suggests a reversal
Order Type: Buy Limit
Risk-reward ratio (SL to TP 1): 1:1.33
Risk-reward ratio (SL to TP2): 1:2.62
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