This is the second time we go long on the DAX today. The first one was a London open 2m clap long that earned us a quick 750eur, pays the bills ;)
This one however looks to be a better setup for the NYC session, we have 3 sets of TP listed and we might close out an any given level.
RSI is in the lows, the 10m chart has a contraction leading to the 30% level and...
Theres a huge disconnect between the financial economy (stock markets) & the real economy (jobs, GDP etc), this disconnect is apparent throughout the world's major economies. These disconnects cannot exist forever, so eventfully either the stock markets in the world will fall to reflect the major unemployment and real economic problems left by the pandemic OR we...
So this is more of a longer term trade but a very profitable one. The GER30 is at a weekly resistance level.
It has tried a breakthrough at point A where the price action wasn't strong enough to break through. It then tries again at point B to which it fails and then takes a big dip. It then rises back up to retest the resistance at point C in which it gives a...
Consistently put yourself in the position to profit from high risk/return opportunities and you will find it difficult to lose money over time.
1/4 Risk Return.
Based in technicals & a bearish bias for equities...
A video showing our settings on trading the Dax and how powerful a high RR can be in overall net profit.
I also touch on sticking to your plan and accepting that any strategy has a losing run from time to time!
What would you do after the 4th trade? Let me know.
ALL individual pairs and timeframes each have there own custom parameters for optimal trading results! Alerts are set up so you will never miss a trade! Our strategy works on EVERYTHING on ALL timeframes! please see the strategy tester results at the bottom of the chart. This test is based from a 5k starting balance using a fixed contract size of 1. meaning NO...
DAX, not taking trades on a Wed has given us the most profitable result and no trades taken during the London session.
Great net profit, win rate and low DD.
We can test these functions in our strategy and see all trades visually on the chart for following the strategy moving forward.