The slowest US stock market since ... yesterday
May as well take the slow boat to China ... but with at least 35pts on NQ.
Today was
super major reversal time people. Slow moving markets. I mean slow. Painfully slow. But here is the paradox ..
Inteligex Trades slow markets supremely well. Why is that? because we are a statistically proven product. We calculate in fine detail where the support and resistance are. And where both near and far trade targets are.
The first trade (below) is so simple. We place a limit order to BUY right on the super major. With a very close stop (5 points). We are only looking for a 9-10 point bounce, and we got it. Very happy. Nice profit banked at 15 x $20 = $300.
But it didn't end there. Just few minutes later we got to extend our gains with a single 20 point super major bounce again. We see a positive close after the super major, with a predicted target of 11888 (that's the blue dot above the entry candle). We buy on the close of the candle and set our target to a few points below the target. Why? It reduces our risk, and increases our probability of success.
As ever we did the trades live in the Inteligex trading room - no smoke and no mirrors. If you want to see this sort of profit live (2 trades, $575 with no loses) why not sign up now to the free trading room trial.
