Dax Scalping

Put up by way of Ifogenius6 09/04/2016

Dax Scalping is a technique trend following very easy and clear. This technique changed into created for Dax but may be used on other stock indices and major currency trading pairs.

Time period 5 min or better.

Economic Markets: Dax, S&P 500, Dow, FTSE, CAC40, MIB30 and other indices, EUR/USD, GBP/USD, USD/JPY, USD/CAD.

Metatrader Symptoms:

Confirm1 (line dot blue and line dot red);

Confirm2 (dot blue and red);

Confirm3 (dot blue, dot yellow and red);

One could use this buying and selling procedure as a filtering tool, of other indications of arrow.

In this case that is very successful.

Buying and selling regulations

Undemanding buy entry

line dot blue crosses above line dot red.

Ascertain 2 blue dot,

Be sure 3 indicator two blue dot.

Effortless sell entry

line dot crimson crosses above line dot blue.

Make sure 2 pink dot,

Ensure 3 indicator two crimson dot.

When the confirm 3 has a yellow dot the direction is flat.

An additional style of entry is on the retracement of the price on the strains, for gurus.

Exit positions:

at the other pass, with predetermined income goal or at the pivots levels.

Within the snap shots, Dax scalping in motion.

Share your opinion, might help anyone to remember the forex process