Hello Traders!
Thursday we will be hosting a FREE webinar with Jigsaw Trading. The focus of this webinar will be on volume spikes.
Different market types have different characteristics. Thinner markets like Crude, Gold, Natural Gas, and Dax frequently have violent, high volume moves that signal the end of a move and the market turning around and trading in the opposite direction.
These big, scary extended moves look like they will continue forever until suddenly – the market starts moving the other way.
You cannot predict these moves but you can trade them. That may sound odd, so let’s put it another way… nobody knows where these moves will end but you can still make money from trading against them. There’s more than one way to skin a cat after all and while many traders are focused only on trying to guess where the end of the move will be (and usually failing), others are quite happy taking advantage without worrying about where it ends…
In this webinar we will look at why this trade works and how it works.
• What a volume spike is
• How the emotions of the participants in the spike change
• Identifying the ‘tipping point’
• Exploit the counter move for profit.
At the end of the webinar, you will have another trade in your toolkit. Something you can identify and trade yourself.
Hope to see you there!
Danny Riley
MrTopStep
As always, please use protective buy and sell stops when trading futures and options.
Disclaimer: Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Any decision to purchase or sell as a result of the opinions expressed in the forum will be the full responsibility of the person(s) authorizing such transaction(s). BE ADVISED TO ALWAYS USE PROTECTIVE STOP LOSSES AND ALLOW FOR SLIPPAGE TO MANAGE YOUR TRADE(S) AS AN INVESTOR COULD LOSE ALL OR MORE THAN THEIR INITIAL INVESTMENT. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
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