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LONG ON THE DAX

已更新

We are in the second cycle on this medium term up trend.
Price came to a favorable Risk/Reward area and we pulled the trigger.

ps.Using new account (previous account/jurejepabk)

交易進行

The sharp rejection and the spectaculare bullish strenght is apparent now. So if we close below the structure at 11483 area we reverse the position whit tight stops and see what happens.

交易進行

the ownership is still in question the position remains. Bulls show some strenght after all and the area of 11483 was only touched... lets give this trade the time to develope and lets see what the market has to say.

交易進行

Finally got the bounce we wanted stops moved just bellow the most recent structure

交易進行

If the current candle keeps the decision formation it gives us a nice place to further reduce the risk

交易進行

And finally BE+5

交易結束：達到停損點

And we got taken out +5 pips is better than negative 1. This trade is definatly getting in the log as a good trade.
Now taking a step back analyzing the long term and the short to prepare ourselfs for tomorrow