sciencei

More than 250% performance on our TV Ideas within 6 Month!

Long
sciencei Updated   
TVC:DEU40   GERMAN STOCK INDEX (DAX)
We truly hope that many of you could take advantage of that!

Tradingview not only provides a great platform for ideas but also for reference. That's great because you can reflect on what gets posted here. Go through that lets you evaluate good idea generators. Professionals who manage traders or have to choose among hedge funds typically put a heavy weight on positive answers to the following questions:

What is their track record (skills vs. good marketing)?
Is the track record good due to a certain bias (only long or only short)?
How is risk handled? (S/L relative to expected gain)
Are ideas transparent and actionable?



Here is our latest idea on the Dax:

Break-Retest-Act

1. Red trend channel must be BROKEN
2. Wait for a RETEST
3. ACT if pullback fades & price retraces 50% of pullback to upside AND if your entry point is still above trend channel

S/L 1% inside red trend
Target well above 13,600

Good luck on this one guys!
Order cancelled:
The setup is dead. Published a new one on June 18th for the Dax.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.