Today's early trade on the Dax was almost a mirror image of yesterday.

My first trade was a long at a possible support (demand) area at 5660-5655 area.

I was stopped out at the low tick at 5652.5 when on review was the prime area for demand.

If we look at the first hour of trade a nice support formed at the 5652 area.

The re-entry average was 5556 and I managed to scale out for a total $ 1400 US profit.

My exit style can still be improved but the profits are starting to add up.

The key to profits so far today came from panicked retail traders selling into support!

Dax 3 minb.jpg (85.71 kb)