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DAX 7am-9am Trading Strategy Guide

The document describes a high probability trading strategy for a small account. The strategy involves trading the direction of the Germany 30 (DAX) index based on the 7am EST hourly candlestick. Specifically, it notes that if the 7am candlestick is bullish, the next hour from 8am to 9am EST is likely to continue the upward trend, and vice versa for a bearish 7am candlestick. The strategy was presented by a trader who found it successful a majority of the time based on hourly DAX charts. An example is given showing the 7am candlestick correctly predicting the direction of the 8am candlestick over four consecutive days.

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3K views1 page

DAX 7am-9am Trading Strategy Guide

The document describes a high probability trading strategy for a small account. The strategy involves trading the direction of the Germany 30 (DAX) index based on the 7am EST hourly candlestick. Specifically, it notes that if the 7am candlestick is bullish, the next hour from 8am to 9am EST is likely to continue the upward trend, and vice versa for a bearish 7am candlestick. The strategy was presented by a trader who found it successful a majority of the time based on hourly DAX charts. An example is given showing the 7am candlestick correctly predicting the direction of the 8am candlestick over four consecutive days.

Uploaded by

AKSHAYA AKSHAYA
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

HOW TO TRADE A SMALL ACCOUNT

High Probability Strategy #1 –


The 7am-9am (EST) DAX “Strudel” Strategy

If you live in the United States or Canada, here’s a great trade


you can make at breakfast before the markets open in New York.

Tom Busby, Founder of Diversified Trading Institute (DTI) presented


a webinar entitled “30 Trading Insights to Help Overcome Your Trading
Fears” in 2014. In one of his observations, Tom remarked that the 7am
EST hourly bar of the DAX is a pivotal point that sets the tone for the next
hour or so of the trading session. When you think about that statement,
what he is saying is that a directional trend is in play, triggered by the
7am EST hourly bar. When the hourly charts of the DAX were reviewed, it
turned out that Tom was right a great majority the time!
Here’s a look at four consecutive days using the hourly charts for Nadex
on the Germany 30 (DAX). Notice how the 7am hourly candlestick controls
the 8am hourly candlestick. Four consecutive days, four successful trades.

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