Forex Trading Selling DAX 30 update
Today began the decline we expected and waited patiently to obtain. Its important to Forex Traders who are Selling DAX 30 that they understand this process. This video is offerred to all as an example of our student examinations. To get the full effect the audio has been muted . Check your skills and see if you can make a good commentary as the video proceeds. Then at the end there is a very special invitation .
WHEN EUROPE WAKES published 1-29-2018
As the European markets begin to open at 2 a.m. Eastern Standard NYC time evidence of market direction can be seen. Germany has the largest economy in Europe and its DAX 30 is a solid market to follow. The DAX the first hour knowbn to many as the Fakie hour is often a gold mine for traders with a long term view.. During this adjustment period for the DAX, the overnight E-mini S&P market also needs time to readjust from the waning influence of the Asian markets to that of Europe.
Trading the DAX 30 as a CFD allows a trader to set his trades near day end and then awaken often with targets hit.
Our set up is below We have open and pending orders and see DAX ranging from the May 2017 High of near 14000 to about 12600 . The daily
chart shows order imbalance as marked.
(Note 1-25 -2018 Price moved to all time high 1-23 1-24 and completely consumed the Daily Supply shown).
The H4 Chart
The M15 Chart
40 to 50 points in both directions can usually be harvested from the DAX daily . Its also a wonderful CFD to take sized trades.
After this price zoomed to a new high only to begin itx expected decline Forex Trading Selling DAX 30 requires courage patience and understanding You can get all three from our courses.
