In this article, I will share my FOUR best trading strategies that I personally use to catch boom and bust market spikes. I started asking myself this question the very first day I was introduced to the Boom and Crash market because I knew that if I could figure out the cause of the spikes, I could develop a spike strategy for Boom and Crash that I would help beat in Boom and Crash. Crash. Instead of cluttering your chart with thousands of indicators, study market structure and price action as they will help you determine where the boom and bust will occur. You will gain an understanding of how the market moves and what drives the market.
Below are some indicators that will be used to trade booms or busts, and can also be used to buy or sell dips, and sell or buy uptrends. As for the Boom & Crash index, the supply and demand area can be used for medium to long-term positions, and you can expect a series of peaks at this level. After setting the RSI level, follow this RSI strategy to capture Boom & Crash spikes.
The Relative Strength Index (RSI) is another good indicator for spotting peaks in the boom and bust index. Whenever you find an RSI divergence in the boom and bust pair and the boom and bust pair, it indicates a trend reversal and you can expect a peak or series of peaks for that pair. On the Boom 500, the rsi indicator should be in the strong buy zone (low price), and on the crash 500, the rsi indicator should be in the strong sell zone (high price).
This is how you catch bursts guys, there is no HOLY GRAIL in Boom and Crash 500 trading that gives you the signals at your disposal. When we hit the peak, we wait for the market to reach EMA9, if it breaks it by more than 3 small candles, we exit the trade, this is true for both Crash 500 and Boom 500. When the market is at 30, you buy entry. Even when the price is at strong support, the 800 EMA is red, we confirm with RIS and then enter a buy, then take our high and take profit.
Boom is designed to capture buying spikes and crashes, we always catch selling spikes whenever there are spikes, we need to catch them. This happens when the price has just risen from strong support in terms of the 1000 boom and even if the price is coming from strong resistance… the 1000 crash will also go above 90 and avoid the expected spikes when it reaches our sell area.
Avoid buying rallies at resistance and selling crashes at support. The next step is to wait until the price reaches the Ichimoku support level (in the boom index) and the Ichimoku resistance level (in the crash index).
It takes at least two confirmations to be able to enter a position when the price level was plummeting towards support and when the RSI was also in a strong buying area, one could enter a trade knowing a peak would come.
This is the time when the market is actively selling in an expanding market. It will drop below the 10th level as you expect it to rise… so if you are buying against the trend and it starts to show up on your RSI, you will probably start blaming the trade as you needed to go with the trend and Earn Money. Always remember that the trend is your friend. The strategy will be more profitable if you follow forex rules and price action that…follows the trend, so always try to sell sharply on a downtrend and buy on a rally on an uptrend. This strategy is applicable to both the Boom 500 and Crash 500 as well as other trading assets, once you master the basics you will have a better understanding of Forex trading in general. One of the fastest ways to get big in Forex trading is to trade Booms, Crashes, and Crashes. As a successful Forex trader with over 12 years of experience, I have never come across pairs as easy to analyze as Boom and Crash.
Trading the rise and fall with 0.01 lots is a tough adventure that will take over 100 pips before the trader makes a $1 profit. You can also trade bulls and busts with price action, but it will require the help of tools to do so. and catch the spikes. Just like in the Forex market, the moving average indicator works quite well in boom and bust markets and will sometimes deviate the price from the exact level of the moving average, resulting in a huge bounce.
I have always advised beginners to focus on picking, especially when the trend is right, because it is one of the best risk management strategies I have ever come across. This is also supported by the way the market has been structured (peaks in situations of buying booms and sharp sells), as well as the low risk/reward ratio of intraday or swing trading with very small lot sizes. For the Crash 1000 (500) index, the average fall in the price series occurs at any time within 1000 (500) ticks. With the Boom Index 1000 (500) there is an average spike in the price series that occurs at any time within 1000 (500) ticks.
Please note don’t touch pairs after RSI breaks 90 level because these pairs can sometimes be stubborn… You can also use RSI rejection strategy on large timeframes like m30, h1, h4 etc .
New traders don’t seem to understand that no one will give you free safe signals if the provider is very sure about which signal they will use for their personal trading, they won’t actually get anything from you giving free signals i.e. if It will help you make a lot of money, and they don’t lose anything, but they pay for knowledge, so sometimes they want to benefit from it.