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….
After missing a couple of 1min Sell MABs earlier in the morning, and passing on a Sell FibCon due to the 5min ema not being close enough to the GZ, I finally got a winning 2R trade from a 1hour Sell MAB at 13:42, with entry at the Open.
I had marked up and anticipated this trade from around 11am, I’m pleased with my patience to allow this trade to form, and for being ready to get a good entry as price reached the underside of the Open and H1 EQZ (13430) within the GZ.
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Great trade Joel !!
Great Patience, Great Result 🙂 🙂