christian.langfors

DAX - MEAN REVERSION STRATEGY = SHORT

Short
FX:GER30   DAX Index
4
Nice move once again by DAX. Mean reversion strategy is now short, target ~12800.

Note it is a high risk strategy with big stop (250p) and not that good reward but it has a high hit rate as of this year. To get better reward, try to pin point entry on 5min or 15min chart. GL!
Comment:
=> semi-good odds for rebound as soon as tomorrow.

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.