Would like to introduce myself. Found this site after searching for
DAX market information and was surprise to see the striking difference when compare to other Trading Forums. It really cached my attention, will explain that later.
I have been following and trading the Bond Market since 1994 after completing a very basic course with Ken Roberts Comm. Trading. Developed a swing trading habit, basically buying the deep corrections of the 90's bull market trend in the
T-Bonds Futures, this Up-Trend was a reaction to the 9 consecutive moderate economic reports concluding the Fed had created a "Soft Landing in the Economy" and it was a very reliable uptrend.
It was so easy to do that I became overconfident and sometimes did not even use stops, which is one of the worst habits that a beginner trader can develop. But was fortunate to correct my mistake before the big drop in Jan-1995 when the Bond Market began to make a Head and Shoulder Formation in the Weekly.
The uptrend now in the Bonds is a no brainer because of the coming Economic Recession and should be bought after a five handle( points) pullback just like in 1994.
Now the only market that I follow and trade are the
ZB and ES. Swing trading the ZB and day-trading and scalping the ES using price action, Candlesticks, and Support/Resistance Pivots, Market Internals, Nasdaq, RSI ( 2), Commitments of Traders, COT. and other reliable free online advisories.
I agree with “Ashmat” post that the frequent negative responses in other Trading Forums is a big turn-off for many legitimate Traders wanting to contribute valuable advice.
This site has the best overall ratio and mix of new traders and experienced professionals traders, much better than other Forums. In other sites there are too many inexperienced traders and they all seem to want to learn from each other. Is like the blind leading the blind, and very few real good traders, lol.
Congratulations to Soultrader,
My Regards to all
From Palm Beach, FL.