March 13, 2013
- in Uncategorized by schooloftrade
FDAX Chart Prep
DAX Day Trading |
The Anchor
Chart on the FDAX shows us a long term bullish price-channel, which means we
need to wait to buy-the-lows at support for the high-percentage-trades. We also know that a bullish price-channel can
be challenging to buy when we’re trading at the highs, so buy the lows, take
profit at the highs, and use your day trading plan to find the high-percentage-set-ups.
Chart on the FDAX shows us a long term bullish price-channel, which means we
need to wait to buy-the-lows at support for the high-percentage-trades. We also know that a bullish price-channel can
be challenging to buy when we’re trading at the highs, so buy the lows, take
profit at the highs, and use your day trading plan to find the high-percentage-set-ups.