My name is FrankFx, I am a professional foreign exchange and equity index trader and have been in trading for over 9 years. Starting with the trading boom and crash markets, his adventures as a scalper began.
In fact, in my first year of trading I experienced over 95% of the boom and crash traders I met as a scalper. This confirmed to me the way markets were structured, the peaks and the outs, the buy / crash / sell situations, the low risk / return ratio, the days of swing trading and the small lot sizes.
A number of traders, both experts and novices, had problems with the market structure during booms and crashes. For example, if one trades boom-boom-500 and boom-1000 and crash-crash-500-1000 assets, one can observe that during the boom the market sells and fails, and during the crash the asset is bought and fails. For some currency pairs, the boom-crash structure of buying and selling can be used to jump up or down in straight phases (ticks).
Boom 500 and Crash 500 are synthetic index aspects of foreign exchange trading they are market tick based simulations of stocks over time with one single future asset the Boom 500 simulates 100 company shares and their known components, it is difficult to study all the tricks of the market as there is no 100% perfect strategy. The mastery of trading with the Boom 1000 Index and Crash 1000 Index requires a good understanding of market trends and chart discipline. Trading in these indices requires good analysis, as traders need to identify support and resistance to trading.
This makes it difficult for brokers to play traders because the market is very volatile on its own. What lies ahead is a trading strategy that respects price actions. Never make a miscalculated move or try to make a trade if the conditions are not met, or you will lose your hard earned money.
If we are caught in a spike, we wait for the market to reach EMA9 and if it breaks through (no more than 3 small candles), we leave the trade and apply crash and boom. Retaining to the picture above, you can see how important it is to identify resistance as most peaks come from resistance ranges. So if you are trading Crash 500 or Crash 1000, the conclusion is that strategy needs to be reconsidered and you must understand how the chart moves. When trade booms, the RSI indicator is strong in the buying region (price floor) and crash 500, stronger in the selling zone (price ceiling).
For those of us who trade, we are looking for a spike that will devour more than 10 small candles that we will hold until the market reaches EMA9, if the market stops rising, we will cash in. Figure 5-7 shows the price action table observed in the crash and boom markets. The 500Crash1000 and the Crash500 are synthetic indexes for all aspects of foreign exchange trading. The Crash 500 index averages a decline in the price range that occurs every 1000 to 500 ticks ; with the Boom 1000 and 500 Index, the average is a spike in each price range every 1000 to 500 ticks.
The movement of the underlying asset determines your AC Gain or Loss, depending on the position you have. Price analysis and ratings can be found on the Boom and Crash Weekend Review page with a quick search for potential boom or crash peak prices. BeanFX is a boom / crash scalper which can help boom / crash traders make quick profits by trading the boom / crash indices.
Sometimes it is difficult to study the tricks of the market, because there is no 100% perfect strategy. The Boom and Crash Index is a synthetic index that covers all aspects of foreign exchange trading and is a market tick based simulation of stock times for a single asset (Boom 500 AC). The ideal timeframe for a suitable strategy is a time frame of about 15 minutes. When it comes to trading synthetic index currency pairs, I am not very good at fundamental analysis, so it is easier for me to do technical analysis before I place a trade profitably.