Swiss Gold and SIX SMI 20 Stocks Trading Strategy (Ideas)
[Swiss Market List]
Meaning of terms :
▷ BUY the Dip : The current price is higher than the entry price. Buy when price drops to/below the entry price.
▷ BUY the Breakout : The current price is lower than the entry price. Buy when price breaks upward through the entry price. ( When price moves above the entry price level.)
▷ SELL the Bounce : The current price is lower than the entry price. Sell when price rebounds to/above the entry price.
▷ SELL the Breakdown : The current price is higher than the entry price. Sell when price breaks downward through the entry price. (When price moves below the entry price level.)
SMI® Futures (EUREX: FSMI) :
Underlying: SMI®, the blue chip index of SIX Swiss Exchange.
Contract Value: CHF 10.
Minimum Price Change: 1 point = CHF 10.
Contract Months: up to 9 months: The three nearest quarterly months of the March, June, September and December cycle.
Final Settlement Day: The third Friday (at 09:00 CET) of each maturity month if this is an exchange day; otherwise the exchange day immediately preceding that day.
Last Trading Day: the same as the Final Settlement Day.