DAX Long
1)Trend defined. Weekly Uptrend.
2)Contradictory entry. Retracement visiting a previous key level.
3)Default loss. Below the false breakout of the 1h range.
4)Default target level. First 4.91, second 5.69. Third arbitrary at 7.2 (looking at the round level of 20.600)
5)Risk <= 3%.
6)Singular trade.
7)Trades placed today <= 5.
2)Contradictory entry. Retracement visiting a previous key level.
3)Default loss. Below the false breakout of the 1h range.
4)Default target level. First 4.91, second 5.69. Third arbitrary at 7.2 (looking at the round level of 20.600)
5)Risk <= 3%.
6)Singular trade.
7)Trades placed today <= 5.
Trade closed: stop reached
Loss realized.
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