
Introduction to GER40 day trading teaches step-by-step chart analysis from daily to five-minute frames, using Metatrader five, plan a plan b, and disciplined risk management to generate trade ideas.
Analyze the five-minute chart to confirm a short-term downtrend, assess a daily double bottom and breakout potential, and plan A and plan B around the 200-period moving average and 12,000.
Master trade management in GER40 day trading by applying the opening price target and open range breakout setups, and analyze entry signals within the trend channel to time breakouts.
Follow RSI divergence for after-hours moves with a 2-to-1 risk-reward across time frames; analyze the GER40 daily chart and the trend below the 200-period moving average.
Choose an entry from the last two candles after the RC divergence, typically entering the first candle but awaiting the retest; then apply trade management.
Explore the open range breakout strategy on the GER40, analyzing the 9–10 a.m. opening range, its long breakout, and the mirrored price move toward the trend channel.
Explore chart analysis on the one hour chart, identifying uptrends, turning points, and trend channels, and compare five minute versus higher time frames within GER40 trading.
Analyze the GER40 5-minute chart to spot a 9 a.m. bounce, momentum reversal, and a railroad pattern near 13,500, guiding entry signals for a potential day move.
In this course you can find my detailed step by step instructions for the 5 best known strategies in daytrading and how I implement them. On a total of 75 screenshots taken in Metatrader 5 I will show you, how I approach preparation for trades the same way over and over again. The preparation goes from the D1 chart to H1 to the entry candle in the M5 timeframe. I will show you in detail how I plan specific entries and how I implement risk and trade management. You can then use those instructions as a template for your own trades with the according strategies. After every lesson you can find many exercises, which you can apply in your own software. This course is basically the third volume to my books "Mein 1. Jahr als Trader" and the follow up "Mein 2. Jahr als Trader", in which I have been documenting my training to become a trader from day one. I have decided to use this next current state of my trading skills for this course instead of a book, simply because I wanted to try something new. In addition, a course offers way more opportunities than a book. I have started a bit timid with this first approach, but time after time I will add new content. I would be more than happy about your feedback, if this course helped you in any way :)