Forex trading is very difficult for newcomers and the first problem you will face is learning the best strategy to make good money. The second mistake people make in portfolio management is not to entrust your money to someone who claims to be a forex expert to help you manage it – that is not how it works – They will face bad markets and help you lose your money when they trade under high pressure. Some account managers are fraudsters to get money. The PIP is a basic measurement unit which is used in the trading world, and you need to know more to become a successful synthetic index trader.
Mastering trading with the Boom 1000 Index and the Crash 1000 Index requires a good understanding of market trends, charts and discipline. There are times when it is difficult to study the tricks of the market, and there is no 100% perfect strategy.
It is not advisable to enter this trade without dominating it. This strategy can be applied to BOOM 500, CRASH 500 and other commodities, but once you have mastered the basics, you will have a better knowledge of forex trading as a whole. Trading in synthetic indices and currency pairs is not only good for fundamental analysis but also better to do technical analysis before placing the trade profitably.
For the BOOM 500 index, you can trade spikes in the strong buying region you should focus on the most, and for the CRASH 500, it is the other way around, but look at it differently. In BOOM trading, the RSI indicator in the stronger buying region is close to the price floor, while the CRASH index is in a stronger selling zone near a price ceiling.
If you don’t get out after the first climb, set your stop loss to break-even and hold the EMAs until the RSI reaches the oversold zone. When we get a spike, we wait for the market to reach EMA9, and when the market breaks through with more than 3 small candles, we leave trading and apply the crash / boom. If there is a further rise, wait until the price drops below the $13 mark and get back in.
Wait in the M1 timeframe until the EMAs and RSI are in the overbought range. Be patient as spikes take time to occur and trade the upward trend in BOOM500, trade the downward trend in CRASH 500 EMA 200 candleholders (CRASH 500) and EMA200 candleholders and trade BOOM 500.
Trading boom and 1000 index and crash 100 index require good analysis, as the trader must identify support and resistance to trading. For example, watch the boom market, sell default and crash assets and buy default. The boom-crash market is day-to-day trading, and the trader must have a good knowledge of market psychology and pricing, as well as good risk management.
When the boom market buys, it buys at bullish peaks for a long time, while the crash market sells at bear peaks for a long time. For example, if boom assets (boom 500 or boom 1000) or crash assets (crab 500 or 1000) are traded, you will see that boom markets sell by default while crash assets sell by default.
As an aspect of foreign exchange trading, the Boom 500 and Crash 500 Synthetic Indexes are tick-based simulations of stocks on a single futures asset over time (the Boom 500 simulates 100% of a company’s shares, but because the asset has no known components it is difficult to study the tricks of the market and there is no 100% perfect strategy ). In the boom 1000 and 500 indices, prices fall on average every 1,000 to 500 ticks. In the crash indices 500 and 1000, prices rise every 1000 to 500 ticks.
In foreign exchange markets, traders can use different trading strategies to make profits. Understanding changes in the trading market can help traders enter and process orders and manage their trading strategy. This focus makes it difficult to persuade traders to look at spikes that have an obvious impact on lower timeframes, and focuses on the overall picture of boom and crash markets and market trends.
Synthetic indices make way for their approach to trading in the same way as currencies and stocks, with similarities in candle-making, trading platforms, meta traders, 5-stop orders, and many more.
Figure 5-7 shows the price action table observed in the crash and boom markets. The Boom Crash Index is a synthetic index that covers all aspects of foreign exchange trading. It is a market tick based simulation of stocks over time and a single future asset is the Boom 500 AC. The ideal timeframe for an appropriate strategy is a timeframe of 15 minutes. A trader can buy the Boom 1000 index and profit from the increase in value.
This confirms the structure of the market in a peak / boom / buy / crash / sell situation with low risk / return ratio, daily fluctuation trading and small batch sizes. This supports the fact that markets are organised in a “spike” or “boom” buy and “crash” market scenario with a minimal risk-return ratio, daily swing trading with small lot sizes, etc. This confirms the way in which the market is structured in a spike / boom / buy / crash / sell situation with low risk / return ratios, day trading and small lot sizes.