FDAX BEGINNER – 1-PAGE CHECKLIST
✅ BEFORE MARKET
☐ Trade FDXS (Micro DAX) only
☐ Mark PDH / PDL (Previous Day High & Low)
☐ Mark Frankfurt High / Low (first 30 min)
☐ Draw round numbers (…900 / 000 / 100)
☐ Apply VWAP
☐ Decide directional bias (above or below VWAP)
⏰ WHEN TO TRADE
✔ Frankfurt open: 1:30 – 3:00 PM IST
✔ London session: 2:30 – 5:30 PM IST
❌ Avoid Asian session
❌ Avoid major news time
📊 TIMEFRAMES
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15-min → Direction & levels
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1-min → Entry only
No indicator overload.
🎯 TRADE RULES
☐ Trade reaction at level, not random entry
☐ Entry only after strong candle close
☐ SL before entry
☐ 1–2 trades max per session
💰 RISK MANAGEMENT
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SL: 8–12 points
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Target: 10–20 points
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Daily max loss: -20 points
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Stop trading after 2 losses
❌ DO NOT
✗ Chase breakouts
✗ Trade every candle
✗ Increase lot after loss
✗ Trade full FDAX early
🎯 ONE CLEAN FDAX SETUP (BEST FOR BEGINNERS)
📌 Setup Name:
VWAP Pullback + Level Rejection
This setup works in trending & slow markets.
🔹 MARKET CONDITION
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Price clearly above VWAP → Only BUY
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Price clearly below VWAP → Only SELL
No bias = no trade.
🟢 BUY SETUP (Example)
Conditions:
1️⃣ Price above VWAP
2️⃣ Pullback into:
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VWAP
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OR previous high
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OR round number
3️⃣ Strong bullish candle closes on 1-min
🎯 EXECUTION
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Buy on close of bullish candle
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Stop Loss: below pullback low (8–12 pts)
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Target: next level / 10–20 pts
🧠 WHY IT WORKS
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VWAP = institutional average price
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FDAX respects VWAP + levels strongly
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You trade with trend, not prediction
🔴 SELL SETUP (Opposite Rules)-
Price below VWAP
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Pullback into VWAP / resistance
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Strong bearish candle → SELL
🧪 PRACTICE PLAN (Very Important)
📅 First 2 weeks:
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No live trading
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Screenshot this setup daily
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Note:
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Time
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Level
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Result (win/loss)
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After consistency → start 1 micro lot only.
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