| Futures Trading Laboratory Trading commodities and currency futures |
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| | #25 | ||
![]() | Re: Dow/nq/sp&dax/ftse&aus DAX Cash Index CFD’s: Unexpectedly DAX fall at the opening from 7,057 to find support at 6,950. The China rate hike was the reason. Next support level is at 6,900. Today’s Recommendations: Buy at 6,900 support level. Targeting7,250 by the earning season mid Jan.2011. Or Buy above 6,980 aiming the same target. | ||
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| | #26 | ||
![]() | Re: Dow/nq/sp&dax/ftse&aus DAX Cash index CFD's: The index is consolidating between 6,950 and 6,980. In such a case the best action is to accumulate positions between 6,950 and below targeting the level of resistance @ 7,250 expected to be reached at mid of Jan.2011. | ||
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| | #27 | ||
![]() | Re: Dow/nq/sp&dax/ftse&aus DAX Cash index CFD's: DAX CFD closed 7305.3 on Friday. Hit 7317 resistance level twice, but couldn’t break it. Sell DAX @ 7,290 Stop @ 7,315. Target exit @7,245. Buy DAX at or around 7,240 support level. Stop @7,220. Target exit @7,440. | ||
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