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programmer

Bel20

By programmer, in Futures

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programmer    10

programmer
Posted

Ok,

 

This is a great index to trade.

Based only on 20 stocks, and quite affiliated with Europe.

I expect it to go down further.

I am short from 2093 holding for at least 2-3 more days since I see it going to its base based on lack of volume and distribution.

 

The levels are MMath-320/Daily S/R/240 S/R.

 

My stop is small at 2095 based on Mmath7/8 level which holds well, the reason is obvious based on recent market moves.

 

Best broker IB.

Slippage , small.

Better suited to day trading, but position trading is good.

Euro session.

Info on IB+

http://en.wikipedia.org/wiki/BEL20

bel20.thumb.jpg.e2af8f3845835cca7a1d01f1ee32da61.jpg

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