Lossless Trading Strategy for the Smart Beginner

The most impressive technical tools have already been developed, and your task is simply to learn how to use them effectively. This article focuses on delving into trading with the fantastic vfxAlert – and guess what? It won't cost you anything!

Step one: Register on the vfxAlert website. Enter your email and choose a password, and you're all set. No need to provide extensive personal information.

Next, let's get the software up and running. The vfxAlert team offers versions for both desktop and mobile, so choose your preferred option.

Now, here's the exciting part – connecting with your broker through the application. Input your email and password for your Pocket Option account. Ensure it's an email that hasn't already been registered with the broker. And for practice, start with a demo account to test your trading strategies.

Once you've established a connection with your broker, the game is on.

Now, let's set up your chart:

Add an Exponential Moving Average (EMA) with a period of 10. This indicator signals when the trend is about to change and provides the initial trigger for a trade.

Incorporate a Simple Moving Average (SMA) with a period of 25. This assists in determining the general direction of the trend.

And don't overlook the Stochastic oscillator – it evaluates the dynamic between buyers and sellers. If it's above 80, it indicates an upcoming downtrend (overbought condition). If it's below 20, it suggests the end of a downtrend (oversold situation).

Clear so far? Great, now let's simplify the trading strategies:

When the fast Moving Average crosses above the slow one, initiate a HIGHER (CALL) option. If Stochastic is trending upwards or in overbought territory, and the dashboard is signaling "BUY," you're in a favorable position!

Reverse the approach for a LOWER (PUT) option. When the slow Moving Average breaks downward, and Stochastic is descending or entering oversold conditions, focus on the "SELL" zone indicated on the dashboard.

Keep in mind, the more prolonged the market remains in a calm state, the greater the chances of a significant trend emerging once it undergoes a shift. Therefore, stay vigilant for the Moving Average to display movement and for robust signals to illuminate the vfxAlert dashboard.

Craving rapid actions during news events? The vfxAlert Trade one-click functionalities have got your back. For instance, if a signal aligns with the market's response to the latest news, you can swiftly initiate a short option. Subsequently, once the initial turbulence subsides, you can opt for a traditional approach using the broker's terminal for a lengthier option.

Also, a quick heads-up – during instances of substantial and impactful fundamental news and statistics, it's wise to keep your options quiet for about 30 minutes before and after the news release. And if you're particularly cautious, consider concluding your ongoing trades as well. Safety first, isn't it? Wishing you successful trading, esteemed traders!