March 8, 2013

FDAX Chart Prep

FDAX Chart
Prep
We can see
the FDAX is trading higher this morning on both chart timeframes.  We can see the anchor chart on the FDAX shows
us the resistance has recently been broken at 7969.0 so we will see the buyers
try to push this up to 8164.5 for the next major resistance overhead. 
FDAX Chart
Prep 2
The entry
chart timeframe is doing the same thing. 
We have broken above yesterday’s trading range which means we are
bullish in market personality and now it’s as easy as waiting for the buy
signal to fire off so we can get into this trade long.

    schooloftrade

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