Maybe this one fails? I did expect a break out. I was watching S&P H1 chart too.

Trading DAX with TMA Slope

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Trading DAX with TMA Slope

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Trading DAX with TMA Slope

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Trading DAX with TMA Slope

Just that I haven't made rules for re-entering a trade.

Trading DAX with TMA Slope

Some interesting reading: url

Trading DAX with TMA Slope

I went short as Support appears to have broken and all numbers are negative, but this is not in the TMA system as I know how to use it, but perhaps someone can work out a rule to re-enter a trade?

Trading DAX with TMA Slope

M5 still negative and remember the Support can be broken to the downside, so this is a maker and not a tradable indi.

Trading DAX with TMA Slope

Today's gap down changes my road map. But sticking to the method I'm following the numbers. Let's see what happens today. No news so we may well trade a nice range. H4 Chart:

Trading DAX with TMA Slope

Another thing we can check together is that when we do get a signal, does our data match? In other words do we both get the signal.

Trading DAX with TMA Slope

I haven't been using this on SPX, I've simply been selling it up and waiting for drop, which inevitably will come, (I hope)!

Trading DAX with TMA Slope

Thanks Hammad. I find that I have to tinker with settings for different time frames and products, but S&P and DAX do react in a similar fashion and make the big moves together.

Trading DAX with TMA Slope

My settings are as per the posts above...

Trading DAX with TMA Slope

And last. if this is a break of support we are going down quite a long way. But do not take it for granted. We may want to find rebounds to sell.

Trading DAX with TMA Slope

An important deception tip: don't look at the actual TMA graph. It will miss lead you. Focus on the numbers that I keep showing you. That's where its at!

Trading DAX with TMA Slope

Market close for me. Blood! This system was telling me not to be Long, so good. Mostly if I enter a trade by this system on market close it is correct. Let's see. Expect a gap down Monday.

Trading DAX with TMA Slope

So now at market close I thought I might go long, but everything is still screaming short. I'm just going to stay out and see what Monday brings. Enjoy your weekend!

Trading DAX with TMA Slope

This is quite a new strategy for me. All traders that have success will tell you about Price Action. And they are right. Here is the problem. You can identify S/R Areas, but you will find them all over the place and worse you will have to toss a ...

Trading DAX with TMA Slope

Now, for Friday night and the closing, it looks like we are stalling. So no trades. however if the values are right, I may put in a buy. The closing calls are about 85% correct for the opening gap with the SL in a good risk position .

Trading DAX with TMA Slope

In particular the M5 number, which is the bigger white one.

Trading DAX with TMA Slope