+++ ABSOLUTE PREMIUM (2) +++

+++ NEW PREMIUM TRADING +++ 

by 

GIDEON PFEIL

On April 4th I published the technical details of a trade process here.

This is the tool for your success. Trading already is working. The hit rate is now between 87 and 90%. If you want to take this even further, there's a little more you can do:

1

Before you get started, you look at the stock market environment in which you are moving. Is there any news that suggests swings in one direction or the other? Then around this time around 5 to 10 minutes it is better not to trade! 

2

Is price action above or below the 200-day line? A trade above this line amplifies the move up, below this line amplifies the move down. 

3

As you know from my book, our approach is based on wave movements of different characteristics. Higher lows and higher highs in this wave speak to a longer lasting direction of movement, so does the downside. You can then prepare for a longer trade.

Further updates to increase the hit rate will follow. You can find everything summarized in my book.