We feel that if certain trading methods are followed then ANY trader will have the potential to catch EVERY major currency trend.
Usually certain kinds of investment opinions have always been followed such as ''To make money buy low sell high''.
However, if ''Buy high and sell higher'' strategy is followed then higher profits will generate in currency trading.
There are following reasons behind this explanation:
- Please disregard the Traditional Investment method if you want to gain Big Profits:
- If you really follow this trend of ''buy low and sell high'' types then you have to constantly observe the market trend i.e., if it is going downward or further bottom and this is not an easy task. While trying to make the prediction the market often goes lower and you lose.
- Usually when you wait and watch for the pullback, it never comes and it ends up with the market rising up to the heights, and the investors and traders never able to get in.
- It is advisable not to go for this traditional policy of investment because as you try to pick market bottoms and get in on pullbacks, when the market trades higher, you miss out everything such as PROFITS that could have been made from the big moves.
- It doesn't try to predict a low market; it just waits for final CONFIRMATION.
- It will wait for a market to break above a recent high or break below a market low. When all these levels are broken, an investment move will start and wise traders will utilize this opportunity and will not just predict.
- You can observe in the market history that usually big profits were made during financial breaks such as look at any currency of your choice, including Japanese Yen, Swiss Franc, and British Pound; they all made and still make huge moves from breakouts.
''For e.g. the British Pound has traded up and tested resistance at 1.85 numerous times and at present it is doing business at 1.70, Suddenly the market goes up to 1.85 and immediately breaks to the upside, this quickly makes the profit go up to 1.95''.
What has Actually Happened?
''When the critical 1.85 area gives way, the trader's stop on their short positions and start to cover; this helps the new traders to enter the long side of the trade, causing a huge surge in price, as the area of resistance is very important''.
So this proves that if you grab the opportunity when breakout occurs; your risk is low and reward is high. Though many traders don't want to follow this policy an end up ''chasing'' the move seeking a pullback, which never comes and they miss the big profits.
Always keep in mind, ''A trend in motion is more likely to continue than reverse''.
Big Currency Trading Profits can be yours!
''If you follow the above mentioned procedures; initially the process may seem uncomfortable but that's the reason it is profitable and we are sure you can acquire success in it''.
Breakout Trading is Simple:
All you need to use to trade breakouts are traditional charts with some confirmation signals which will help you to filter ''true'' from ''false'' breakouts, such indicators as RSI and Bollinger bands.
Smart traders are making enormous profits on a day-to-day basis from this simple method, so can you.
