VOLATILITY 75 INDEX BINARY BOT (FAST MODE)

VOLATILITY 75 INDEX BINARY BOT (FAST MODE)
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VOLATILITY 75 INDEX BINARY BOT (FAST MODE)
The Secret to Trading Volatility 75 Index
One of the things I’ve learned from trading the Volatility 75 Index is that you must get your entry right because if not, the draw-down that may come if you pick a wrong trade can affect your equity adversely.
As one of the indices on the Deriv Platform, trading the Volatility 75 Index can give you a good return on your investment, so it’s important that you take time to study the market structure before placing any trade. If you don’t understand anything about market structure, read this article: The Complete Guide to Price action trading
How to Trade Volatility 75 Index
There is no special way of trading the Volatility 75 Index. The pattern of trading Vol 75 is the same as with currency pairs. Just like currency pairs, the under-listed are very important when trading Vol 75:
- Support and Resistance
- Trendlines
- Market Structure
The only difference with currency pairs is that V75 is very volatile; meaning you can make good money within the shortest possible time if your entries are right.
How I analyze Vol 75 Index
I start analyzing Vol 75 Index from the daily chart. Analyzing a daily chart helps me understand the market trend. Personally, I normally use the line chart to study the market, then use the Candlestick chart to place trade.
When using the line chart I focus on the closing price, which enables me to understand support and resistance. Once you can spot the major and minor support and resistance in the daily, you can have an idea of the market trend, then use a lower time-frame to spot a perfect entry position for your trade
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