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. I sometimes trade options .Yesterday was a mistake , I got sucked due to lack of concentration. Glad to have met you. If you see above set up,please post.
Not trading DAX at present as I have a rather large short on the ZB from 169,04. So am just managing that , with a few stocks also..
The system you describe here is a very normal old style method. It does work but compared to what my system does its something similar to the Flintstones. I can see all the orders triggered inside the candles at each tick. As well as that I can configure it to show whatever number of block trades are entered. For an example, if trading the ES during Globex if i see a 50 lot block order buying at a certain level/number I know that's an important area. Likewise , if trading RTH (regular trading hours) I adjust my block indicator to either 500/1000 contracts. Using this you can follow the big boys. It really comes down to yourtrade plan. My ES trade plan during Globex is to target 2 points per day. $50 per point per single contract. I trade in units of 4 contracts per entry. On a normal day i would trade 12 contracts targeting 2 points = $1200 per day average and consistently. The best day in the last 2 months was 48 ES points. My losses are minimal as i use an advanced trade management method and seldom take a 2 or 3 point loss, running at 77% win rate.
None of fakes on this form can make a call http://www.dailymail.co.uk/news/art...hing-magazine-says-saw-proof-s-worth-10m.html MITRADER = TOTAL FORUM FAKE
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 OTHER INDICES MIXED