Good News is Bad News?

Trading DAX with TMA Slope

Trade now valid on M5

Trading DAX with TMA Slope

Price moved above MA on M5 chart so I used M1 chart to make this entry

Trading DAX with TMA Slope

I eventually was stopped out and lost about $400, then I made about $120 of that back. The reason? As per usual I broke the rules!

Trading DAX with TMA Slope

I set TP's and moved the SL's out of the way. I think price will be very ranged over the next few hours.

Trading DAX with TMA Slope

went Long

Trading DAX with TMA Slope

I Took Profit. So after my mornings flip flops and losses, I'm now a few $'s in the green, but way off my target.

Trading DAX with TMA Slope

As we approach Support I'm ratcheting SL to capture profit.

Trading DAX with TMA Slope

SL's = BE

Trading DAX with TMA Slope

I went short again... bad on me. Not playing by the rules...

Trading DAX with TMA Slope

Stopped out for a loss - not going well today!!! I think I should have been more patient. M5 chart showing consolidation for a possible Long. I'm going to wait for the right signals on M5.

Trading DAX with TMA Slope

Used M1 Chart to set SL's

Trading DAX with TMA Slope

I opened another Short

Trading DAX with TMA Slope

SL triggered for the Long Trade at a loss.

Trading DAX with TMA Slope

Our System says to go long. my short was not in line with the system. I thought a Support was breaking. So now I'm hedged - let's see what happens. We are in the middle of a trading range, so either long or short are likely to be collected later on. ...

Trading DAX with TMA Slope

Went long

Trading DAX with TMA Slope

Went Short M1

Trading DAX with TMA Slope

H4 View, the yellow dotted S/R lines are my own hand drawn. I think we eventually break to downside... But, hey this is trading.

Trading DAX with TMA Slope

Watching M5 Chart and M1....

Trading DAX with TMA Slope

Took Profit

Trading DAX with TMA Slope