LONG ON THE DAX

We are in the second cycle on this medium term up trend.
Price came to a favorable Risk/Reward area and we pulled the trigger.

ps.Using new account (previous account/jurejepabk)

Trade active:

Trade active:

The sharp rejection and the spectaculare bullish strenght is apparent now. So if we close below the structure at 11483 area we reverse the position whit tight stops and see what happens.

Trade active:

the ownership is still in question the position remains. Bulls show some strenght after all and the area of 11483 was only touched... lets give this trade the time to develope and lets see what the market has to say.

Trade active:

Trade active:

Trade active:

Trade active:

Finally got the bounce we wanted stops moved just bellow the most recent structure

Trade active:

If the current candle keeps the decision formation it gives us a nice place to further reduce the risk

Trade active:

And finally BE+5

Trade closed: stop reached:

And we got taken out +5 pips is better than negative 1. This trade is definatly getting in the log as a good trade.
Now taking a step back analyzing the long term and the short to prepare ourselfs for tomorrow