Friday, 26 June 2009

15min DAX long


I know we mainly look at 3 and 5min Chart and use the 15min for the longer time frames analysis, but I just want to remind you that you can still get some nice trades on the 15min Charts itself.

Here is a great example on the 15min DAX form just yesterday. As you can see, this nailed the low beautifully before the DAX rallied strongly. It has just reached the project profit target (as the STF is weak) where a profit of approx +8R (ignoring slippage and commission) was available.

As I said yesterday, there were just so many good trades yesterday I am finding it hard which once to tell you about in today’s Blog entries.....

Thanks, Steve