Many here asking the same question and I want to share my humble opinion about this. On the chart below I just want to give you the idea of why some pairs work and some not. It really has nothing to do with the pair but more with its status.. its so ...

Eitan's Project

Good idea again I don't solely rely on it so of course you may use it the way it suits your trading style. Happy Trades

SPX and DAX - CFDs are the place to be

Good catch.. I already gave my comment about it back then here: url It doesn't matter what it was because I saw it as a whole "deliberation pattern" (bearish) Happy Trades

SPX and DAX - CFDs are the place to be

Fdax We are close to a decision point again. 9725 <------------- and -------------> 9685 Where it will go? IMO odds are South this time.. but nobody can guess atm. Happy Trades

SPX and DAX - CFDs are the place to be

On any TF.. it doesn't matter.. but the effect will be weaker the shorter TFs you use. Let me explain: I am, for example, a 1H trader. So the overall trend for me is the sma50 on 1H. If price there is above then I think bullish. If not then bearish. ...

SPX and DAX - CFDs are the place to be

Hi Buddy, well if you feel blind and don't know where to go the very first thing to do is to look if price is above or under 50 sma on the chart you are using.. above means we are still bullish and under means we are bearish.. it acts like a torch ...

SPX and DAX - CFDs are the place to be

Fdax I don't like it but here my sell order attempt: New Pending Order (sell stop): 9685 Targets as in picture I shared, but I am not setting TP or SL yet. Happy Trades

SPX and DAX - CFDs are the place to be

Hahahahahhhh.. that was a good one Happy Trades

Eitan's Project

Fdax 1H I re-checked my view.. so things are very different for me now.. If price doesn't climb back over the golden line my next 2 bearish targets are stated in the picture below. If price climbs back up above the golden line we must think long ...

SPX and DAX - CFDs are the place to be

How about "The Expandables" Happy Trades

Eitan's Project

Fdax Cancelled New Pending Order (buy limit): 9658 No SL, No TP yet. Happy Trades

SPX and DAX - CFDs are the place to be

Fdax Wow.. let's see if it can make it till 9650.. bears can suit themselves Happy Trades

SPX and DAX - CFDs are the place to be

Fdax IMO there will be a sideways flag soon.. scalpers will trade the up and downs. Since its Friday I really feel lazy to scalp today. Will watch others how they will surf with the waves Happy Trades

SPX and DAX - CFDs are the place to be

Stopped out.. -20 points... my rodeo is Futsch Happy Trades

SPX and DAX - CFDs are the place to be

In the end these are all technical terms. It really doesn't disturb me when people talking in wrong terms.. but I look at it as a sign of "respect to business".. Traders who respect what they do are getting more respect when they talk about forex ...

SPX and DAX - CFDs are the place to be

Thanks for the heads up. To tighten my loss I am moving my SL the very last time to 9723 (risking 20 points now) Happy Trades

SPX and DAX - CFDs are the place to be

Thanks Marcus1... well it doesn't bother me.. but if you are right I will continue my rodeo.. yeehhhaaaaaa Happy Trades

SPX and DAX - CFDs are the place to be

So far I think I missed the chance to step out. SL is still at 9718. I wish price turns back without touching my SL. Now I am leaving it to faith.. wait and see time. Happy Trades

SPX and DAX - CFDs are the place to be

Shooting Star (bearish) on 15m.. so I think price will go down first before it goes higher but volume is low again. Will try to get out with some points profit. If not I already tightened my SL to 25 points.. its okay if I lose.. we will have many ...

SPX and DAX - CFDs are the place to be

SL at 9718 now.. Happy Trades

SPX and DAX - CFDs are the place to be