Good morning traders. I hope you all enjoyed your weekend. The morning briefing video is posted below.
For charts and analysis today, visit the free DaxTrader Telegram broadcast channel, as I have posted a few charts there already.
I have also explained these charts in the morning briefing video below, so go and watch that and remember to hit the likes and subscribe to the channel.
I have posted a trading idea on the ideas page here.
The idea is based on an ACR line set.
The idea forecasts a potential pullback and a potential dip to buy.
There is no financial advice there so any trades taken as a result of that analysis (or any other analysis on the website or channels) will be entirely at your own risk. The standard trading disclaimer applies.
If you want to develop as a trader and adopt a professional mindset then you are at the right place. If you want to get excellent analysis and indications on the high probability setups, then come and join the DaxTrader community. We have a number of active members contributing towards the DaxTrader community with setups, charts and ideas. As a premium member you will have access to:
See what people are saying about DaxTrader.co.uk by visiting the TrustPilot page here:
Participate in the various member’s chat room for Dax, Forex, Cryptocurrency, Algorithm Trading with charts and ideas, improve your own analysis and pick the brains of other experienced traders.
We have some excellent content to share in the webinars to help you understand the strategies and tools used by Dax traders. These strategies and tools are incredibly effective on the DAX and quite easy to start to understand. They don’t require expensive software either. The experience available in the webinars is excellent with guest webinars weekly.
When a trade opens on our account, we share the information directly to the signals channel. We provide information including the entry, the stop loss, the target and the date/time. Premium members get access to DAX, FTSE and occasionally S&P500.
Our software sends the signals directly to your phone using Telegram messenger and thanks to our engineering, the delay between us opening a trade and you receiving it to your phone, is around 0.6 seconds.
I broadcast my charts for the majority of the day, which you can access and see what we are working on. You can view the charts from a tablet or smartphone as well as a computer