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Topic Simple Trading Strategy

  • Mon 30th Apr 2018 - 6:12am

    Strangely enough, what you will learn is very simple; and even stranger,Push Money App is that it is VERY effective.

    Let's get to it...

    You are going to learn two simple concepts; independently they work very well, but when combined, they can be deadly.

    Concept #1: Watch how the market reacts to psychological numbers; these are numbers that end in '.00' or '.50'. For example, the numbers to keep an eye out for on the Emini S&P 500 would be ones ending in '***5.00' and '**10.00' (i.e. 1205.00, 1210.00, 1215.00, etc).

    Concept #2: Watch the volume as price is reaching particular levels (the psychological levels mentioned above for example!). If price is heading toward a level of significance, and volume is FALLING, there is a good chance the market will turn around and head the other way.

    Those are the concepts. Simple, eh?

    Combine these two and you have a very powerful, but simple, trading strategy.

    As the market approaches a psychological number, watch the volume. If the volume starts to drop-off -- this is your heads-up!


    Advantages:
    Positions need not to be held overnight, and therefore traders can feel relief from any open position worries. From short period of time, one can learn a lot about the future markets.

     

    http://www.binaryforexacademy.org/push-money-app-software-review/

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