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Live Trade

17/03/2019 1:10 pm

This trade illustrates my trading philosophy well. This is DAX today on the 11th Jan 2019. It seems like a double bottom at 09:50am.

The next 2 bars recover the sell-off, but notice the second bar pushes above the high of the first recovery bar and fails. If the motto is to push the trend, then surely we should be looking to sell, even if it is a double low.

20 minutes later the DAX is lower by 30 points and continues to push lower as I type this.

And 10 min later, the DAX is even lower. Keep pressing the trend side!

Open Trade
Closing Trade