Looking for disiplined Dax system followers in this journal to trade a profitable system ,and make calls technical analysis dax signal Follow this simple system and nothing else and you will be fine Good traders can make 1 good trade a week , make 30 ticks a week $30 per pip and it gives a nice living , but not in forex , because that is only possible in imagination in forex . You don't really need more than 20k to make $900 per week . You need discipline , mindset and very good 12 " between the ears or a really good strategy and less in the coconut. My system is a very high probability system , it is very simple , here is simple description for you. longs :up channels on hourly and ticks , above mas and all indexes aligned draw all your lines on hourly , 4 hour and daily and support and resistance lines .Observe trading times .Three green hourly bars on 30 min or hourly Shortspposite Follow these rules and it makes positive points on dax. technical analysis dax signal Fallacy :Trade the plan plan the trade https://www.elitetrader.com/et/members/trading-education-buyer.495363/ technical analysis dax signal
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No Because forex rarely trends , especially during the day , and most trends get chopped out on forex .Forex is also unpredicatable , very noisy trends and much lower volatility in comparison to dax .Dax is more volatile than U S indexes , it is predictable with correlations of other indices , is highly volatile , options are very liquid , and once you catch a good entry you quickly get points sometimes within minutes.Dax also respects supports and resistances.
Never heard a dax trader refer to a price move as a "pip". Sounds like someone cant make money selling forex spam so swapped "EUR/USD" for "Dax"
pip = points You can call it what you want , it does not matter to me and don't mess up your trading , becuse t/a works , price action works
NICE SET UP DEVELOPING FOR LONG on dax , looking for lower time frame entry on 800 tick charts , with up channel on 800 tick charts and 1 hour https://www.elitetrader.com/et/threads/technical-analysis-dax-signal.303564/page-14 Ignore clever monkeys on this forum , they can't trade