BigNews.Biz - Apr 18,2012 - 12 April 2012 - During BetOnMarkets' most recent webinar, ??Unique Trading Strategies to Trade on BetOnMarkets in April," professional trader Matt Shaw explained that there are 3 trading signals that are essential to anyone trading the financial markets, namely the Dow Jones, the S&P500 and Forex.
According to Matt, the first trading signal occurs when the markets are selling off. This is one of the most profitable and used strategies by traders worldwide. For instance, if you're trading on the Dow Jones, the S&P and the FTSE, you will need to look out for a sell off of at least 250 points, 25 points and 125 points respectively.
For Forex pairs like the GBP/USD, the market has to sell off by at least 250 pips. Matt went on to explain that in order for this strategy to work, the sell-offs must have occurred within the last two sessions and they must have taken no longer than a total of two trading sessions to sell off the required number of points.
The second trading signal is specific to the Forex pair EUR/USD. The signal occurs when the market fails at certain pivotal points, such as a resistance point, a moving average or even a recent high that the market has just established. According to Matt, if the market then sells off over 50 pips within two trading sessions after failing at these pivotal points, a high no touch bet should be placed within the following two trading sessions. For this trading strategy to work, traders must always ensure that the market is trading 50 pips below the crucial zone in question.
Finally, the third signal is exclusively related to trading the S&P where the market must have retraced from a recent high point above the moving average. The market must sell off over 25 points, down to its nearest moving average for this strategy to work. Matt??s strategy is to place a bet on the same day, after the S&P fails to rally back by at least 10 points (following an official decline of 25 points).
Watch a recording of Matt's lastest webinar to find out how you can apply his trading signals to your trading strategy: http://goo.gl/OOGXc
Sign up for our next webinar which will be held on the 19th April 2012 at 18:00GMT (19:00 London Time): http://goo.gl/AdIxV
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