Sunday 16 October 2011

No-Touch Strategy On Betonmarket

One of the bet types on betonmarket is NO-TOUCH!

No-touch bet is simply the type of bet where you predict that a certain price will not be hit in a number of days. For example, GBP/USD will NOT TOUCH 1.6850 in 5 Days!

This type of bet can give you consistent winners if you have the right strategy or it can wipe out all your profit in one loss.

Today I have a powerful strategy on NO-TOUCH which I am eager to share with you.

STEP BY STEP GUIDE
1. Identify the major trend. I use 8EMA, 21EMA and MACD 12,26,9 to identify the trend.

2. Identify Divergence Using the MACD indicator.
* Divergence that occurs in the direction of the major trend is usually strong and gives 100% winners. That is right. Try it. Divergence in the direction of the major trend gives winners all the time!


3. Wait for 8EMA to cross 21EMA


4. Draw horizontal line at the highest price bar before the EMA cross to know the highest price



5. Log into your BOM account and place a NO-TOUCH bet.

Your bet should be that the currency pair (EUR/USD) will NOT TOUCH 1.4023 + 20pips) which is 1.4043

This strategy works all the time.