Spread Betting System–Range Trading

Spread Betting System–Range Trading

This is a very simple spread betting strategy, requires no indicators, but I would say you do need some trading experience before starting out with this strategy. I say this only because more experienced traders know how to deal with the psychology of trading and have an idea when to apply this spread betting system.

Pair: USDCHF
Time: 15/30 min

 

Wait for the pair to come out of a upward or downward movement. Once the markets have calmed down and you believe there is no major news anymore, and that the pair will start trading sideways. Draw your support and resistance lines and trade the range.

 

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