Hi all.
i have been watching the DAX for the last 2 weeks and im going to trade it on a demo for some time now.
i really like what i see there with my mean renko charts (20).
my system is patterns based like double tops/buttoms, split double tops/buttoms, 3 point turns and trend continuation trades.
and i use a swing indicator on there.
stoploss just above the last high: That is always around 10 pips if i use size 20 on the renko
take profit depends on the trade but at least a 1:1 R/R.
the goal is to get at least 50 euro per morning trading session. i only trade for 2,3 sometimes 4 hours a day if i don't have to work...
here is my first trade from friday.
it's a trend continuation trade with a 1:1.8 R/R.
the green collor you see is the first hour that the DAX is open
koeart.
i have been watching the DAX for the last 2 weeks and im going to trade it on a demo for some time now.
i really like what i see there with my mean renko charts (20).
my system is patterns based like double tops/buttoms, split double tops/buttoms, 3 point turns and trend continuation trades.
and i use a swing indicator on there.
stoploss just above the last high: That is always around 10 pips if i use size 20 on the renko
take profit depends on the trade but at least a 1:1 R/R.
the goal is to get at least 50 euro per morning trading session. i only trade for 2,3 sometimes 4 hours a day if i don't have to work...
here is my first trade from friday.
it's a trend continuation trade with a 1:1.8 R/R.
the green collor you see is the first hour that the DAX is open
koeart.