I've had a few questions on the prior blog on dax setups.

I didn't explain the entry criteria for the setup I showed on the previous blog exhaustion trade.
I was trying to get across the structure of the market needed before the trade setup.
The higher low area is the entry area on the long side trades.
I need to see a failed retracement at this point.
This is where sellers are forced to cover with the previous price structure exhausting selling strength.
My entry is 2 bar high then an entry on the next higher tick.
I find my risk is small compared to potential reward.
This is a setup on the Dax I traded today.

Dax extrade.jpg (138.38 kb)