Daily Forex Trading

[LeMercenaire]

Dipping the DAX all day till it finally leaves the Lower DWZ. Backing from the Demand Zone. Sweet.

.DE30.H1dippingTheDAX-DWZcwS+D12thApril18.png (39.94 KiB) Viewed 2333 times

[LeMercenaire]

Here's some detail on what I'm looking at on the lower tf (where I make my entries and manage the trades, inc m5 and even m1).

.DE30as15mdetailonmydipping12thApril18.png (41.03 KiB) Viewed 2332 times

[LeMercenaire]

Add RAT-Zones (blue) into the mix and we can take the odd short as well.

.DE30.M5asRAT-S+Dshortnow12thApril18.png (52.76 KiB) Viewed 2324 times

[LeMercenaire]

It's been a fun ride...

.DE30.H1asDWZat14.19allthewaythru12thApril18.png (40.21 KiB) Viewed 2314 times

[achooblessyou]

It's been a fun ride...

.DE30.H1asDWZat14.19allthewaythru12thApril18.png

Is that the environment you were scalping in? hope all is well and happy pips!

[LeMercenaire]

It's been a fun ride...

.DE30.H1asDWZat14.19allthewaythru12thApril18.png

Is that the environment you were scalping in? hope all is well and happy pips!

Yeah. I had an overall position running Long from the early morning and then I was taking additional scalps as price ebbed-and-flowed on it's way. 16 trades.

A long day (no pun intended) but well worth it.

[LeMercenaire]

As a follow on to my morning DAX, this moved into DWZ territory, entry short out of the Upper WZ...

Inked.DE30.H1niceinitialpickuponDWZ16thApril18_LIcropped.jpg (144.77 KiB) Viewed 2231 times

[LeMercenaire]

Three (and-a-bit) dips so far.

Inked.DE30.H1three-and-a-bitdipssofarDWZ16thApril18crop2_LI.jpg (199.22 KiB) Viewed 2214 times

Winding down now.

S&P later.

[achooblessyou]

Three (and-a-bit) dips so far.

Inked.DE30.H1three-and-a-bitdipssofarDWZ16thApril18crop2_LI.jpg

Winding down now.

S&P later.

good stuff! I love taking these trades, sometimes its just hard to know when the time is right...

[LeMercenaire]

Three (and-a-bit) dips so far.

Inked.DE30.H1three-and-a-bitdipssofarDWZ16thApril18crop2_LI.jpg

Winding down now.

S&P later.

good stuff! I love taking these trades, sometimes its just hard to know when the time is right...

Valid point and that's why I always spend so long watching and learning as much as I can about how and when these move (DAX especially but the 500 as well). You need to be completely at ease in their world. That way you can tell when something's not right in their behaviour and learn to trust your moves.

Diving in blind with these kind of pairs is a good way to get yourself eaten alive before you even know you're on the menu.