MTPredictor's software generated low risk high reward scenario on DAX. Long, stop and target are automatically calculated by software. STF trend indicator is blue, that is indicating trend is up.
This is the setup: Long at 11071 Stop at 10863 Profit target at 12059 Profit around 8% Risk Reward ratio 4.7 (that means i am risking 1 unit to get 4.7 units)
In this trade, my reward is 4.7 times bigger than what i am risking, so this is good trade to take. I don't know does DAX get to my goal, all i know is that my risk is constant and controlled, and that's is only what matters! Only thing i can control on market is my risk !
-1R unit in this trade.