Akil_Stokes

DAX: PERFECT 2618 TRADE TURNING INTO A POTENTIAL BAT FORMATION

FX:GER30   DAX index of German listed shares
Not too much on my Forex watchlist so I took a few minutes to scan through a few other markets just to get the eyes warmed up for today's trading (going off of Charles Warroom Topic of "hitting the trading gym").

Price action             on the DAX             typically works very well with my style of trading so I love performing analysis & making predictions on it.

What we have is a picture perfect 2618 trade (in pink) that is now setting up a potential Bullish Advanced Bat Formation . For traders who take secondary targets on the 2618 this is a perfect example of when to use that "Stop & Reverse" technique to liquid one position and involved yourself in the next.

Good luck in the markets this week traders as we begin our final stretch of the 2016 trading year.
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This was such a sniper entry if you ended up taking it
+1 Reply
Thanks, I don't trade the DAX, just for training purposes with this one.
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Jezuz akil man did that ever work
+1 Reply
Every once in a while these funny little winged creatures pay off lol
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TomPower Akil_Stokes
Lmfao. Okay I know you're making fun of me making fun of you. Listen I know I'm an amateur at this but I'm getting it slowly! What I really liked about that trade although I didn't make it is there was very little Heat
+1 Reply
No not making fun of you at all, rather those who aren't open to the idea that there are many different profitable strategies and not just there own personal way
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Yeah that DAX always good :)
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interesting , a first hear about 2618 , assuming we take the reversal at fibs and go long at potential structure area?
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iF YOU VISIT OUR WEBSITE WE HAVE A FREE TRAINING ON THE 2618 STRATEGY
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Sorry for the caps
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