The daily chart of the Dax signalled a red Trend Predictor signal. This is telling us that the next day the Dax could go down. Now we just need to wait for a trigger to get short. This came with a red Pro-Trading System short signal on the 5 minute charts. The Dax then dropped over 100 points. The Trend Predictor prepares you for the next days trading which is a huge edge that you have. You can even use the Trend Predictor for the Weekly charts and that would give you a weeks’ worth of trading in that direction. For example, if you got a weekly green Trend Predictor on the Dax or any other market you will be only looking for long trades all week.
The Trend Predictor indicator is available with our Pro-Trader Program.

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Lee is qualified at The Society of Technical Analysts, having passed his MSTA and CFTe with flying colours.  To see Lee and our coaches use technical analysis, you can access our Live Trading Room 5 days a week. If you’re looking to step into the world of online trading, we’d like to help. We offer both courses and mentoring opportunities to help you trade with skill and confidence. Come along to our free Learn to Trade Live one-day course to really get your foot in the door! See here for more details and to find a date near you. Registration is now open for our Pro-Trader Programme! Join now and find financial freedom like Dan has.

Further Reading:

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