Once I've done that, I create a vision of the possibilities for the day's range. At the moment I'm trading four markets: DAX, Euro FX, Light Crude and ES. I mark up my charts.
Today's DAX chart shows the simplicity and effectiveness of this process. Price opened just above the VAH. I envisioned at least a test of yesterday's VAL and a possibility of lower if the VA of 09/20 was penetrated and accepted. My bar chart provides the confirmation and timing.
jenrique42
ReplyDeleteToday my trade in Dax
http://imageshack.us/a/img844/5957/trade177.jpg
cieto if I went well, I must admit that today I also precipitate to enter the market, the perfect entry would have been about 5 or 6 bars after entry, is something I have to work more, to have some patience, until the entry point he wants.
jenrique42
mi trade de hoy en el dax
http://imageshack.us/a/img844/5957/trade177.jpg
si es cieto que me ha salido bien, he de reconocer, que hoy tambien me he precipitado al entrar en el mercado, la entrada perfecta hubiese sido unas 5 o 6 barras posterior a la entrada, es algo en lo que tengo que trabajar mas, el tener algo de paciencia, hasta conseguir el punto de entrada idoneo.