How I Daytrade the DAX

This is a discussion on How I Daytrade the DAX within the Economic & Fundamental Analysis forums, part of the Methods category; This thread caught my eye because I also trade the Dax and seeing as you have shared and I believe ...

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Old Jan 5, 2017, 9:37am   #9
 
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This thread caught my eye because I also trade the Dax and seeing as you have shared and I believe this thread has the potential to be a great thread on trading pullbacks on the Dax below is a chart of the levels i've been looking at this week.
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Old Jan 5, 2017, 10:38am   #10
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Chalky_trader started this thread
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Originally Posted by OLdNoob View Post
This thread caught my eye because I also trade the Dax and seeing as you have shared and I believe this thread has the potential to be a great thread on trading pullbacks on the Dax below is a chart of the levels i've been looking at this week.
OK Heres My current DAX view

The pink line is a daily 1:1

Its an hourly chart shown, looks like its forming an hourly flag, until it breaks an hourly resistance pivot then its trending down on the hourly away from the pink line

You should understand it if you watched the training video
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Old Jan 5, 2017, 10:51am   #11
 
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Originally Posted by Chalky_trader View Post
OK Heres My current DAX view

The pink line is a daily 1:1

Its an hourly chart shown, looks like its forming an hourly flag, until it breaks an hourly resistance pivot then its trending down on the hourly away from the pink line

You should understand it if you watched the training video

Well at least we both agree that the trend is down even if it is a crappy one, things should pick up next week.
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