514# Dax Scalping
Scalping with the trend
Submit by Ifogenius6 09/04/2016
Dax Scalping is a system trend following very simple and clear. This system was created for Dax but can also be used on other stock indices and major forex pairs.
Time frame 5 min or higher.
Financial Markets: Dax, S&P 500, Dow, FTSE, CAC40, MIB30 and other indices, EUR/USD, GBP/USD, USD/JPY, USD/CAD.
Confirm1 (line dot blue and line dot red);
Confirm2 (dot blue and red);
Confirm3 (dot blue, dot yellow and red);
You can use this trading system as a filtering tool, of other indicators of arrow.
In this case it is very efficient.
Simple buy entry
line dot blue crosses above line dot red.
Confirm 2 blue dot,
Confirm 3 indicator two blue dot.
Simple sell entry
line dot red crosses above line dot blue.
Confirm 2 red dot,
Confirm 3 indicator two red dot.
When the confirm 3 has a yellow dot the direction is flat.
Another type of entry is on the retracement of the price on the lines, for experts.
at the opposite cross, with predetermined profit target or at the pivots levels.
In the pictures, Dax scalping in action.