Trading Day 2

DAX


After an intenst fall and much weakness the DAX recovered in the US session then hovered over 10600.
The Daily Trend  is UP, Hourly trend  I would say UP to Flat

Hourly Trend, Daily Trend is STRONG BUY

Other

Nikkei - Currently weak, -0.46% - but about the same the DAX fell so we might say no influence
Hang Seng - Very Weak, -1.25% - this might be slightly negative for the DAX, negative


Currencies
EURUSD: 1.0898, -0.06%, flat, no impact

Agenda
US Session - Unemployment Claims + Core Durable Reports - Large Impat

STRATEGY FOR TODAY
Yesterday DAX recovered driven by the DOW. DAX is strong these days. I have to carefully monitor if the strength pertains and if yes, DO ONLY LONGS

Ticket Size: 3
Number of Tickets: Max 2
Direction: LONG
Target: 62 CHF, Max 70CHF




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Results
First candle in pre-market was a deep red, then indexes started to climb
Got the chance and after the 10 minutes confirmation candle, and checking no negative news and that the ES is less in minus than DAX entered long
Exit 08:50 at + 22 pips, 70CHF
Day target achieved, now on the sidelines (challenge for today)