quin2k

DAX 30 - Trading Levels for Thursday, 09/29/2016

OANDA:DE30EUR   Germany 30
Expecting the DAX             30 to be range-bound between 10417.0 and 10625.0.

Shorts: 10596.0 & 10625.0.
Longs: 10417.0.

RISK/Stop: 15 - 20 points
Target: 30 - 40 points or more.

Strategy involves waiting for price to approach Levels and to place reversal trades at those levels. It's counter-intuitive, so most traders will find this strategy hard to swallow! There are many more opportunities in a live environment.


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