Start to love a sideway market

This is to show you, the longer the market trading in sideway, the more wealth is dropping into your bank account. (If you have the skill, which snipers, you are learning now.)

I will be using Fibonacci retracement as a trading tool to capture this sideway market.

In order to perform a Fibonacci retracement, market must first come to it's exhaustion level (snipers, you should know where is the exhaustion level), next, wait for the impulsive move, and place your 0% & 100% for it to retrace to the entry levels.

From the above chart, the 0% & 100% is identified. Park your entries at buy cluster zone since we have identified that market bottom has already formed.

Base on Money Management (as taught in Sniper Club), park you position size at the correct retracement levels. Get out "partial size" when price reached the first target zone.

Example, if you have 10 lots, get out at least 6 to 7 lots at the first target.

Market did not immediately trade to the second target, came back to buy cluster zone again, since you have collected your partial profit, get ready your fund, park your fund at buy cluster zone.

Some traders are feeling "nervous" now [SNYSF]... it miss the second target by just a few tics, drop back down to buy cluster zone again.

Stay calm, park your fund back to buy cluster zone again. (You have 3 trades that has already cashed out)

Market fluctuate between levels without moving to the second target, came back to buy cluster zone again, and again and again ... ...

Two trade opportunities on the same day... whoo hoo ...

The actual target finally arrived at 2am last night after 3 beautiful sideway trading days.

Can you see the benefit of this?

I hope you do.

See you next time.

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Futures Trading is speculative and is not suitable for all investors. The risk of loss in trading can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. This brief statement cannot disclose all the risks and other significant aspects of the Futures markets. You should therefore carefully study Futures Trading before you trade. Information and trading tools provided in and through this website are for general information purposes only. All investments involve risk, including potential loss of principal. Clients must consider all relevant risk factors, including their own personal financial situation before trading.