DAX40 futures m5
Deutsche Börse (FSE) continued nice uptrend form yesterday. After open at 9am CET there was small shakeout and one hour after open the market was ready to trend again. I think it is good example why it is worth to wait 1 hour after FSE and LSE open to diminsh the risk of being trapped. In this exmaple there was small false breakout before open.
The market trended beautifully but the bottom line I missed all the move. I missed the hammer one hour after the open. I didn't take the breakout of the next bullish candle, because for now (until I get more experience) I want to trade as close to Strat's Shadow as possible.
I have almost pulled the trigger at the next pullback to the Strat's Shadow but I didn't like the size of bullish candles as well as the upper wicks.
Next week will be really interesting. I will definitely keep my eye on DAX. From the Worker perspective there is some more room for continuation of this uptrend but anything can happen.
Trade what you see, not what you expect. BE LIKE WATER MY FRIEND.