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Trading the Dax

Finished the week off just trading the first 2 hours and then had a long lunch.

Up US $1000 today with 2 sequence trades.

Bought a confirmation break on the uptrend with a nice structure.

Took some heat as I waited for the potential breakout.

I've made a video of this trade with Brian from Pride Trading helping with technology.

The next trade I looked to fade at the resistance highs with a stop out on the first attempt then a nice move on a fast drop.

Dax 10-7.PNG (86.50 kb)

 

http://www.screencast.com/t/Bg7Yafa9Y

If you click on the link above you can watch as I trade the first trade.

It is slow but it shows the timing of the entry, the heat taken on the trade and me just missing adding a 3rd contract as price expanded up.

I think it is good to experience the reality of trading. Ignore the sound as this was Alexander doing his morning projections.

 

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Posted by: davin
Posted on: 7/11/2009 at 12:08 AM
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Categories: DAX | Futures | Trading | Training
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