Welcome to the daily DAX commentary where we share with members our unique take on Price Action as the session unfolds. We comment on trade setups that conform to our Trading Edge and how we use the hybrid Blackbox Trade Controller for MT4.
Use the comments section below to post questions and read what others are saying.
Remember to:
- Follow your Trading Plan.
- Practice Visualization Techniques.
- Review and journal your trades at the end of each session.
- And above all else Be The Bear….
It’s been a bullish morning so far with the only valid setup forming at the highs and I passed due to it looking like it could be the top of a range.
The M15 chart below shows this possible TOR structure.
However, I read it wrong and it was actually price naturally interacting with a KeyZone and the buy setup was with the current trend and should have been taken!!!
