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- DAX Only - 1 Trade per Day
I write my trading rules on the DAX, those who follow will understand better what I'm doing, but ...
sl hit this night
sell 12218 stoploss 12338 volatility too low in this days, this order can be overnight
Deleted Two boring days yesterday and today, wide range in the night and before the cash open, then tight range for the whole session, it happens.
Placed 2 limit orders: Sell limit 12174 stoploss 12302 Buy limit 12024 stoloss 11894
agree with you that area 12170 is a very strong resistence
The shot up finally did it, I was already out of the train, but in the long run following my rules is the only way to survive.
OUT 12020 -8 pt
Buy 12028 Stop Loss 11896
Difficult to buy now, but 12100/12150 can be a realistic target for today. As it now appears the dax 12000/11980 would be a gift, perhaps with PMI below expectations. Then as always, everything can change in an moment.
It often happens :-) I would have closed anyway the trade before 22:00, it's part of my rules.
I will try to buy on dip after the cash open, if possible.
Hi Brixen, I read often your thread, I have a lot of respect for what you can do with the DAX. Good luck also for your trades :-)
Not triggered for less than 15 points. Deleted, no trade today.
Buy Limit 11852 Stop Loss 11732
I forgot to mention that I trade DAX CFD index, the values are slightly different from the DAX future.
Today it is holiday in the US and usually even the DAX moves little, no trade today.
STATEMENT
I write my trading rules on the DAX, those who follow will understand better what I'm doing, but ...
one of the most annoying pattern
eu go down in the rectangle area, but either H1 and 15M no clear price action, so, no trade now I will wait the end of central bank forum conference before take some trade