leszekstanislaw
Long

GER30 H4 Long based on Cypher, SR, and price behaviour on M15

FX:GER30   DAX index of German listed shares
178 4 4
Given grey boxes = correction move Dax             is still in uptrend. Breakout of last LL would change it. So I am bullish here.
On small TF there is SHS             and 121 - so quite possible is enter in trade long, with SL below HL and profit = let us see :)
Trade closed: stop reached: SL was quite narrow so.. get stopped.
haha
+1 Reply
Given there is LL (lower low) trade was stopped and now we should look for some move down, then pullback and entry short...
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jimmy_hongkong leszekstanislaw
hope u didn't loss too much for this wrong analysis.
god bless you.
Reply
leszekstanislaw PRO jimmy_hongkong
Right MM is or at least should be foundation for all traders. Thank you!
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