Mid-term traders who want to trade indexes and their derivatives can follow this method.

To follow this method of making money you must pay attention to Market Stage for general trends.

How to make money using our "Daily Market Outlook":

• For mid-term traders we suggest that you keep track of our Market Stage. Since mid-term traders are interested in time spans of about a week or two, it is important to know what the daily fluctuations and mid-term movements might be.
• For mid-term traders it is still important to know what the general market trend is, as you don't want to trade against the market if you plan on holding your position for more than a day. We recommend that during Resistance and Support Corridor stages as well as during highly volatile markets, you close open positions and stay in cash due to increased market volatility during this period.
• We suggest that before making any trading decisions you compare our Market Status with the results of your own technical analysis.

Recommendations:

• Read the Market Outlook before analyzing volume in order to see what the current long-term trend is and whether we predict any possible mid-term corrections.
• If during an uptrend or downtrend you feel that the market could go higher or lower, but our Market Status announced that the market is in a Resistance or Support Corridor or is close to the trend reversal, you can always place a stop-loss order and move it as the market goes up or down in order to protect your profits.

Previous | Back | Next

Start using our Professional Charts
and Make Money with our System!

Sign up for a 30-Day Free Trial Now!
(credit card not required)