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derekw replied Sep 14, 2016Hi Hammad. I have replied to you. I made some more trades but was too busy to report them. They also were no great as I couldn't concentrate on them properly.
Trading DAX with TMA Slope
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derekw replied Sep 14, 2016Stopped out for $0.27.
But I guess the point is that the entry worked, even though price is so tightly bound. I note though that I could also have opened this trade on TMA going negative for a very similar result. It actually would ...Trading DAX with TMA Slope
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derekw replied Sep 14, 2016Chaos consolidation, Sell Arrow, below 50MA....
Trading DAX with TMA Slope
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derekw replied Sep 14, 2016Oh by the way another confidence booster is when price goes below the 50MA. Here is the indi I use.
Trading DAX with TMA Slope
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derekw replied Sep 14, 2016I guess today with such a tight range I'll observe the TMA closer though.
Trading DAX with TMA Slope
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derekw replied Sep 14, 2016Then I'm finding that the Level StopReverse indi is giving us the better Trailing Stop. I'm thinking of getting rid of the TMA slope and starting a new thread....
Trading DAX with TMA Slope
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derekw replied Sep 14, 2016Thanks Hammad. I was thinking that if we work of price action better then we would look for the white block or purple dot of the Chaos S/R indi to start forming and then when we get the down arrow of the BuySellMagic indi this is the best Sell ...
Trading DAX with TMA Slope
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derekw replied Sep 14, 2016Hammad, are you finding that the TMA Slope is helping you? I ask this because this thread was to test that, but I'm finding that I'm using it only to confirm what is happening but not actually making trade decision from it?
Trading DAX with TMA Slope
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derekw replied Sep 14, 2016Looks like you nailed it then Hammad! We are so ranged right now I think I'll watch for perfect set ups and just grab bits out as I can on M1. My target for today is about $85 to add 10% to my account. I have about $20 so far, but if I'm not very ...
Trading DAX with TMA Slope
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derekw replied Sep 14, 2016TP on the drop on the drop. Wasn't quick enough to buy the bounce though.
Trading DAX with TMA Slope
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derekw replied Sep 14, 2016Got busy, but I see the data was mixed. I think perhaps today will be ranged until Oil at my time 16h30. I think I'll just try scalping opportunities until then?
Trading DAX with TMA Slope
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derekw replied Sep 14, 2016I covered the trades as MA is below my positions and it looks like Support may set in.
Trading DAX with TMA Slope