LONG ON THE DAX

4 nov 2018

We are in the second cycle on this medium term up trend.
Price came to a favorable Risk/Reward area and we pulled the trigger.

ps.Using new account (previous account/jurejepabk)

5 nov 2018

Trade attivo

5 nov 2018

Trade attivo

The sharp rejection and the spectaculare bullish strenght is apparent now. So if we close below the structure at 11483 area we reverse the position whit tight stops and see what happens.

5 nov 2018

Trade attivo

the ownership is still in question the position remains. Bulls show some strenght after all and the area of 11483 was only touched... lets give this trade the time to develope and lets see what the market has to say.

6 nov 2018

Trade attivo

6 nov 2018

Trade attivo

6 nov 2018

Trade attivo

6 nov 2018

Trade attivo

Finally got the bounce we wanted stops moved just bellow the most recent structure

6 nov 2018

Trade attivo

If the current candle keeps the decision formation it gives us a nice place to further reduce the risk

6 nov 2018

Trade attivo

And finally BE+5

6 nov 2018

Trade chiuso: stop raggiunto

And we got taken out +5 pips is better than negative 1. This trade is definatly getting in the log as a good trade.
Now taking a step back analyzing the long term and the short to prepare ourselfs for tomorrow