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….
The early M1 Sell MAB was decent so I took it. I closed out when price reversed back up off the H1 Bear Channel, was a good call as it continued on up.
The context was good as price had broken below the H1 EQZ@11899 and point C was on the pullback-retest.
This one did not work out but I’d take it again.