Trade Germany 30 Cash Index (DAX) from here
Germany 30 Index, DAX is coming down similar to Dow Jones 30 Cash Index (DJI) after our post dated 30.01.2018. DAX made an “A” class double top at 13,601 level. From this resistance level, it is now down by 1,908 Pips. On week number 09, completed last Friday on 02.03.2018, it got stuck at our proprietary support level at 11,867. Will DAX bounce up from this support or will it crack down breaking the support? Do you know “what to do” or “what not to do” from here? Do you know how to incorporate this into your Index Trading Strategy?
To know how to do Index Trading this type of Market in future, please book your free 30 minutes session with us at Level 3, 2 Brandon Park Drive, Wheelers Hill, Victoria 3150.
Written by
Partha
Partha Banerjee is the Founder, Principal Trader, and Director of N P Financials Pty Ltd, one of Australia’s most respected ASIC-regulated proprietary trading and trader-training firms and an AFSL holder. With decades of experience across multiple market cycles, Partha is known for his disciplined, structure-first trading approach, grounded in transparency, risk management, and real-market execution.
He actively trades the same strategies he teaches, specialising across Forex, Equities, Commodities, Indices, Cryptocurrencies, and intraday markets. Under his leadership, N P Financials has become a globally recognised trading education and proprietary trading organisation, earning multiple national and international awards for regulatory excellence, educational depth, and long-term trader outcomes.
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