Dax - Daily analysis and Discussion

Correct... it's one of the rational strategies.
Anyway you must know how to play between S and R levels... That's the game, IMHO.

Edit--- @610 retest: only scouts in and stop in place. Banked my profits.

I would like to see a retest of the highs... but... Mother Markets always knows more than me! LOL...

DAX30 +10 +20
Renko Charts 3 pips Brick

One scalp and a short attempt

Just follow and never, ever, ever try to lead!

Banking some... and moving my stop to lock in the rest!

Trade 1: fast move to 11 600, than breakout, T1 +10 and T2 closed manually on Y RTH Close, but the first thought was T1 Y RTH Close and T2 potentially EMAs 200 Renko 100 and BRN 11550 .. exactly happened :-)

Trade 2: quick scalp on Div TP 10 AND Y CLOSE :-)

Squared @150 retest ... and now I'm going to have my walk in the park.
Trade safely.

What's going on? Let's see what's on the table...

Yes, we are on Support level, so rotation or continuing
Edit: BRN aren't drown - for this we have an indicator in active chart

Out ... don't like it! We''ll see...

555... stuck in the middle!
Out again...

Note that the retest of the highs would be correct!!!

This time... stop hit.

Last one for me.
Good trading to you all.

Nice afternoon to you Jupiter

Just some scalp for me in last 2 hrs...

we still in a 30 pips range from 3 hrs.
If dow don't help us we'll rest in this no movement zone...

also nothing, tried 2 entry, 1st was 2x-7, 2nd 2x+1 ...
...missed move, but there wasn't setup for me Edit2: wasn't able to take breakout down of 11500, I didn't expect so strong move, hard for me, waited PB bounce below 11 550 or reverse of that
...now o got 2x16 on PB with TP slightly above 11500 Edit2: it was good
Edit: have to go, see you
Edit 2: added screenshot, have a nice evening.

Conducting proper analyses can help a forex trader to forecast future movements. Such as: technical analysis is a short term trading analytical tool where a trader can use various technical indicators like moving average, MACD, pivot point analyses, etc. to get an over-view of the future price fluctuations by analyzing all essential aspects of past and present data. Thereby short term trader can use technical analysis to take decisions on an easy base.

DAX30 Gap Down around 40 pips

GM.
Banking.

@453 Banking again... tip-toe trading! (m5) and now Stop in place!