JaydTrading
Long

DAX waiting for the low

INDEX:DAX   DAX Stock Index
37 0 0
Hello. It's been a while. :)

I found DAX             interesting, so let's talk about DAX             .

So... I am waiting for the price to enter the light orange circle which I marked on the chart. Then wait for a entry pattern, if any, and enter the trade (long).

If the price eventually drops below 9119-9336 and takes a rest there, I'll probably anticipate another bearish swing to 8500-8625. Same thing: Entry pattern -> Enter; No entry pattern -> No trade.

If the price does not enter that orange circle (or at least get the price the y-axis right), then I don't care at all what happens next on DAX             .
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