Velocity Trader DAX Journal

Just basic stuff. I've found that on the dax for some reason indicators don't really work so well. I use moving averages to determine the trend. Then I trade primarily off bar charts and volume.

 

Well, I use RSI 40 - and it works very well (most of the time).

 

I stop posting, because only few do scalp trading in here. So, I am happy that you are a successful scalper.

My trading style is exact opposite of your, I do not trade the opening or news. I like the mkt to be calm, then only I trade for scalping.

Other than that, I like to trade breakout, but gives more time to develop and stay longer. There is no predetermine stoploss, but mkt tells me when to get out.

I am a currency, es, stock and future trader. Good trading.

 

1. Why do you prefer calm markets to scalp?

2. I suppose you buy into many false breakouts?

 

Posting suspended per my compliance dept. when I start posting again, i will post the missing days.