Morning hard for trading in DAX.
We had a starting of the session on the bullish side but with no chance of entry according to my trading plan.
Very tight rise and with high volume levels in each candle; which makes it very dangerous to enter.
We have always to enter when there are differences in pressure; when there is high volume and constant we must be cautious.
In addition to the volume high and constant, the price was testing a large volume of the previous day; volume that will cost the price much effort to overcome.
So that could not overcome the previous volume and price went down.
Volume indicates the path of the price; knowing to read the market you have to know what side to position yourself and when doing it with greater chances of success; and today was not the day.
Thank you for reading and good trading.
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