Forex
Market trading requires a lot of skills while dribbling with the opportunities
offered to traders and investors by the market especially if we talk of
intraday trading.
Would you like to know
if a particular trade has an 70% chances of
working? Would you like to know precisely where to enter that trade, and
where to exit? Would you like to trade this technique with a 2 point stop loss
or less?
It Doesn't Matter if the Market is Going Upward or
Downward, This Easy-to-Learn Method Has a Historical Accuracy of 70 Percent!
Practicing just two keyword each day, floor traders
and other professionals can try to pick the direction, entry price, stop loss
and target price of a particular trade. It doesn't matter if the market is
going upward or downward - this easy to learn method has a historical accuracy
of 70%. In fact it's called the 70% Rule.
Every day you will know what those two keywords are.
Then, if the set up is correct, simply enter the trade, set your stops, set
your target price and sit back with a trade that has an 70% expectancy of
hitting the target. What could be easier?
Once you have to try this, you will find that using
the measure area each day will be worthwhile in your Forex trading tips.
This rule is a easy way to drive the market as it
potentially fills the value area. However, there is an exception to be alert
for. If it the market opens above the value area and then goes above or below
it, the 70% rule can still come into play. Watch for it to get back into the
value area for those important two consecutive brackets or 30-minute bars.
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