Boom And Crash Strategy
The second mistake people make in portfolio management is not to entrust your money to someone who claims to be a Forex Professional to help you manage because that is not how it works. Some of them will face bad markets and help you lose your money when they trade under high pressure. Some account managers are fraudsters trying to get money.
Sometimes it is difficult to study all the tricks of the market, because there is no 100% perfect strategy. Trading boom 1000 index and crash 1000 index requires good analysis; traders must identify support and resistance to trade. Boom and crash markets are swing trades almost every day, traders must have a good knowledge of market psychology and price actions and good risk management.
For example, trading boom (boom 500, boom 1000, crash, crash 500-1000 assets) and watching the boom market (buy default) and crash assets (buy default). In a boom market you buy the market for a long time (buy long during bullish spikes) and in a crash market you sell long during bear spikes. During the boom, for example, Boom 500 and Boom 1000 assets can be traded to see whether the market sells defaults or buys crash assets.
With the synthetic index 500crash1000 and Crash 500, which are an aspect of foreign exchange trading, the Crash 1000 and 500 Index means on average a decline in the price range, which occurs every 1000 to 500 ticks. Under the normal one-peak rule, this happens every 1,000 to 500 ticks. At Boom 1000 and Crash 500, the average one-drop price range occurs once every 1000-500 ticks. And with the Crash 500 Index, which is a synthetic index that is another aspect of foreign exchange trading, the Crash 500 Index is an average index, with a rise in price ranges occurring once every 1,000 to 5,000 ticks.
Figure 5-7 shows the price action table observed in the crash and boom markets. During trading, the Boom RSI indicator is strong in the purchase region of the price floor, while the Crash 500 RSI indicates a strong sales zone at the price limit.
Peaks can occur when trading an uptrend (Boom500) or trading a downtrend (CRASH 500 EMA 200 candleholders) when trading the CRASH 500 and EMA200 candleholders BOOM 500. If we are in a quandary, we should wait for the market to reach EMA9, and if the market breaks through that level (no more than 3 small candles), we should stop trading and apply CRASH or BOOM.
Once you master this strategy, you become a profitable trader-trading boom and crash and leave the other signals alone. This strategy can be applied to Boom 500, Crash 500 and other trading assets, and once you have mastered the basics, you will have a better knowledge of international exchange trading as a whole.
In the BOOM 500 index, you trade spikes in the strong buying regions, the areas you focus most on, while in the CRASH 500, you look at it from above. This focus makes it difficult to persuade traders to look at the spikes that have an obvious impact on the lower timeframes, and puts more focus on the overall picture of boom and crash markets and market trends.
Support the market by organising peak and boom purchases in a crash market scenario with a minimal risk-return ratio for daily swing trading with small lot sizes. Confirm the structure of the market in a spike / boom / buy / crash / sell situation with low risk / return ratio for each day of swing trading and small lots. In line with the structure of markets, spike / boom / buy and crash / sell situations have a low risk / return ratio for small-lot swings day to day. Confirm consistently the way markets are structured in a spike / boom / buy / crash / sell situation with a low risk / return ratio for day-to-day trading (small lot sizes).
In the foreign exchange market, various trading strategies are used by traders to make profits. Although I know that there are other trading strategies, such as scalps, here are some basic trading strategies that I think are appropriate for trading in boom and crash markets.
The Boom and Crash Index is a synthetic index that covers all aspects of foreign exchange trading, is a market tick based simulation of equities over time and a single future asset is the Boom 500 AC The ideal time frame for an appropriate strategic timeframe is 15 minutes. Boom and crash scalpers help boom and crash traders make quick profits by trading the index.
With this strategy, the goal is to have at least 3 spikes in every trade you make. Make sure you note down the details of every trade you make and the reasons why you included your trade in your trade journal. You can revisit your magazine later to evaluate your trades and see how you progress.
You will understand how the market moves and what drives it. If you do not have a trading plan to use your knowledge, you will never succeed. In some cases, you may never know what the best solid trading system is or what is best for you as a trader.
FrankFX is a BOOM and CRASH scalper that helps Boom and Crash traders make quick profits by trading BOOM & CRASH indexes. My name is Patrick, I am a professional foreign exchange and equity index trader and have been trading for 9 years. For more details on how to trade boom and crash Click Here