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Trading DAX with TMA Slope
Started Sep 9, 2016|Trading Systems|217 replies
Trading the DAX with the TMA Slope Indicator. This is a system that uses Price Action, (PA), ...
So if the road map is right and we reverse on Monday. We need to see these numbers go to positive. So this is what I'm watching out for.
An H4 view of the DAX shows that the pricing channels are deteriorating and indeed price is breaking downside of the current channel. The 200MA has also turned bearish.
I'll run through a trade and post screenshots. What works well with this method is that losses are few and low compared to the gains. I also open two positions at a time. One position trails with the dots, the other trails the dots until it is at ...
Hi Midnight Yes I do use it on other instruments and on other TFs, but mostly H4. Dax moves in nice waves and seems to suit this method. Except of course when there's news.
Ideal Buy and Sell bars happen as the TMA Slope Oscillator changes From Red to Green and at this point the TMA value changes from a Negative to Positive value and visa versa.
Trading the DAX with the TMA Slope Indicator. This is a system that uses Price Action, (PA), ...
why not add back the 200 you withdrew - you did make it after all.