Sniper strategy: How to get rich on market volatility?

Sniper strategy: How to get rich on market volatility?

Sniper strategy: How to get rich on market volatility?

How do you like this statement: right now, what is happening in the United States, great Britain, or any other country affects Your financial independence? Not very optimistic, is it? Did you feel insecure? Do you want to deal with this and correct the situation in your own way? I'll tell you how.

My name is Jan Sikorsky, I am a trader at the Forex Academy. Now a new trading week has arrived, which means that it's time to take stock of the past week and make a plan for the future.

However, before starting the review, I want to warn You:

ALL TRADE SITUATIONS SHOULD BE CONSIDERED ONLY AFTER THE ANNOUNCEMENT OF THE RESULTS OF THE VOTE IN THE UNITED STATES. UNTIL THE RESULTS ARE ANNOUNCED, WE STRONGLY RECOMMEND THAT YOU REFRAIN FROM OPENING NEW TRADING POSITIONS AND, IF POSSIBLE, CLOSE ALL EXISTING ONES!

So, last week was rich in events around Britain. It all started with the decision of the highest court in London regarding the initiative of Theresa may to start the Brexit procedure without meetings with Parliament. The story is this: on October 3, Theresa may made a statement that there will be no meetings with Parliament. After that, the pound against the dollar broke through its key support around 1.2870.

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Last week, the Highest court in London blocked the decision of Theresa may (acting Prime Minister of great Britain), citing the lack of authority for the government to make any decisions without meetings with Parliament. Mark Carney (head of the Bank of England) also spoke on this day. The main message of his speech was that the negative impact of Brexit on the UK was somewhat exaggerated and the Bank of England will gradually tighten monetary policy. Together, these two events led to the fact that the key level we indicated a week ago in the area of 1.2320 was broken.

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When there is a break of the key levels, we in the CU Sniper use this entry point as PPD (breakdown of continuing the movement).

Input in such situations will be on a level break, the price went to test the level:

top;
level;
entry point.

funt 111 3343c
GBP/JPY

Before starting, we identified key levels in the area of 128.400, an intermediate level in the range of 126.200-126.400, and support for 125.350.

On Tuesday, in the area of 128.400, the RUZ was formed, and given that the reversal level was formed near the TIU, it was decided to enter the TBV (base entry point).

Repeat the formula:

TBV=MRZ (TIU, Tius)+RU3

funt222 9fda4

After that, a day later, the GBP/JPY pair entered the area of the intermediate level and formed the RUZ there, giving the base entry point. Many of my students participated in this movement.

Here is a screenshot of the transaction of one of them:

funt uchenik dc993

This week, the US will elect a new President. We believe that, most likely, for the next 4 years, Hillary Clinton will take The place in the white house, and not Donald trump. According to recent surveys, the market is set for the same scenario. However, you need to be careful and during such periods it is better to refrain from trading, because regardless of the election results, the volatility of Forex currency pairs will increase very much and, even if You are right, the probability of sitting in the market with a short Stop is close to zero.

Now let's move on to the key price zones for our three main currency instruments.
GBP / USD currency pair

In the GBP/ USD pair, it is worth highlighting the TIU located around 1.2530, which serves as a resistance at the moment. As a support, you can also consider the TIU level around 1.2320, and as a key support, you should also pay attention to the range around 1.2100. Near these levels, we will consider the entry points after the announcement of the election results.

funt analitika1 2b562
USD/JPY pair

The Japanese currency against the us dollar has built a Tius around 100, which will act as a key support. The price level of 102.80 also looks strong. Resistance can also be noted at TIU levels in the area of 105.50, when it breaks through, the potential will open up to the next strong level in the area of 107.

ienna analit 4b9dc
GBP/JPY currency pair

For GBP/JPY this week, we will observe the following price levels. The level we are currently at looks very interesting-129.80 Is the level of the previous Tius, which we broke through on the night of October 7 during the night Flashcrash on the pound. By the way, the breakout of this level began with the level of 132.30, which looks like a good resistance today. We will look for support at the level of 128.50 and in the Tius zone around 125.30.

funt analit 0325f

These were the results of the past trading week. As you can see, you can not be afraid of world news, if you know how to work with them and clearly follow the entry points. These points are perfectly painted in the Sniper trading strategy. If you want to learn more about them, sign up for a special course. All the more so because you need a minimum of effort: just click on the button below, read the course description and submit your application. Then you will be contacted by a financial consultant who will tell you in detail about all the nuances of training in "sniper".

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