Slope of Hope Blog Posts
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There have been three instances since the start of 2013 where on the SPX 15min chart there have been clear lower highs and lows, delivering a clear retracement or consolidation period. The previous two were both short, lasted less than two days before breaking up, and were in effect bull flags. The third retracement started yesterday. Here’s the setup on that chart. I have the obvious initial target for this move in the 1490-4 area, anything lower should deliver a decent retracement lasting considerably longer than the last two:
There are many reasons for both stock traders and gambling enthusiasts to
consider the new binary options trading (also known as digital options).
Approved by the U.S. Security and Exchange Commission as late as 2008, traders
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the idea is still young. Sound complicated? It isn't. Here are several reasons
why binary options are as simple as pie, even for newbies.
1. Binary Options Offer Minimal Risk
Originally published on TheTechTrader.com.