I am gearing up for trading these markets over the next week, but I have been kept busy enough with recent signals…
For the Dow, where you see the red line, this is where the market officially sold off past BOTH the Green (20-day) and the black (200-day) MA line.
This happened on the 12th August, however like I have stressed before you should not place TWO identical signals for the same market, on the same day!
Quite simply, you could have placed them consecutively both on the 13th (for break of the first 20-day line) and on the 16th (as this was 2nd to break by required amount).
I say from the 13th and not the 12th, purely because right now I am waiting a day after a signal is activated, before I place the trade.
The markets have picked up volatility, so this is my way of confirming the signals integrity.
We have 2 days to place the trade after activation, so I am using at least one of them to my advantage.
Yes, before you ask I do go by intraday prices when looking for the signal activation.
If I did not, then a trade would never signal. If I always waited for the market to close then I would never get a chance to trade it.
I simply use the history of CLOSE prices on the charts to give myself the best understanding OVERALL of a markets trend/price – that is all.
The chance for a HNT trade here on the Dow after the 16th had passed, so nobody should have traded this after the 16th, even though the market has seen a little rally.
I think any HNT trades placed on the 13th or 16th (or the 12th if you are impatient) will be fine…
As long as you got the required leverage i.e. at least 250 Dow pts away from the current price.
That is about the amount right now, that we seem to be able to aim for in order to get a consistent 20-25% return.
Sometimes, we cannot even get this amount, in which case, leave the trade!
If the market sells off OVER 100 Dow pts (you know the rest for the other markets) WITHIN the last TWO sessions and you CANNOT get at least 250 pts of distance between your NT level and the current price, for a 20-25% return, then you leave the trade.
*************
Exclusive
Personal Tuition – Please email me ASAP, if you would like to spend the day with me 1on1.
If you have 5-10k to trade with, this could help you earn 2-3k per month tax-free! Email me asap on; fixedoddssuccess@gmail.com
I will then mentor you for 1 year, yes 12 months!
Exclusive
*************
If you are still within the 2-day time period, then try the next day, and if the same again, then leave. If however, the following day, the odds are better, and the leverage is there, and then place it!
Now, the £/$. This market tipped above 1.565 on the 16th, then sold off after this point.
On Wed the 18th Aug, the £/$ tipped below 1.55 (which is 150 pips below this price); in fact it sold off to just below 1.549 to the low of the session.
However, it crept higher to close the session at just below 1.56.
So, the trade has been signalled for a HNT, but the signal is not currently active, as at the close of the 18th (time of writing) the market is not trading below 1.55.
However, if it trades below 1.55 now toward the close of the 19th or 20th, then you must check the signal and see if you can get the appropriate leverage for a HNT trade.
Check out the FAQ section for this. Also, check out last week’s audio (11th Aug) on how to price the £/$ for a typical No Touch trade!
The Ftse100 – The market failed to break above the 20 and 200-day MA’s on the 17th by the required amount for a Low No Touch trade, and has now crossed them to the downside.
I am waiting for the Ftse to sell off some more, so it will be by the required leverage and I can trade high no touches. Again, I will not place two of the same trade on the same day.
But so long as the trade remains active, I will trade them on consecutive days.
Oh, but last and so not the least is the S&P 500. The market peeped above the 50-day MA (at least it’s in play with one of the markets) at the close on the 17th, by around 5 pts.
If it fails to break above here by the required amount toward the close on the 19th, then there is NO low no touch active here.
I would wait for it to sink lower back below it; however it could make it above here just for a week or so, as the markets could enjoy one last gasp rally before the market sell-off for real toward summer end.
Oh, just a quickie – if you get an email from betonmarkets asking to confirm some personal details for your account verification, then the emails is OK and NOT a con or a crafty way for some joker to get hold of your close details.
BOM now have to follow new regulation, but please email them back politely in this case, and ask them to confirm if they still require the information, as sometimes the system can jerk out random request.
It is not always required. I have received a note from BOM themselves just this morning.
I have been informed that they will be contacting those personally concerned to tell them exactly what they need to do, so you are able to follow the steps efficiently and effectively enough for you to get set up and profiting ASAP!
Until very soon…
Matt $haw
www.fixedoddssuccess.com
P.S. Do you have 20-30k spare? If so, you could make 20% per week on that cash investing in a gold opportunity, yep PER WEEK! This is ‘Awesome’ to say the least. Please get in touch ASAP if you would like more info?
{ 0 comments }
