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….
Yet another winning Reversal FIBCON passed on 🙁
This has become a major issue for me and I need to work on this. I’d failed to use the M15 and M30 charts to look for support as I was only looking at the M5.
It ticked all the boxes and with a stop below the bottom of the IKZ this was a great trade.