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 !
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 !
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.
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.