Secret Tools of the Pro Traders for Bigger Profits

Gauging the pulse of the market
The "opening range technique is the ultimate filtering device for futures traders and is highly effective, as it allows traders to take the pulse of the market before entering it each day.
Say you have a buy signal from the previous days close, you can of course blindly buy the open, or you can use this filter.

Here is how it works:
1. Get the opening range and wait.
2. If prices are above the opening range go long with a market order
3. If they are not place a day order 3 ticks above the high of the opening range.
Here you are checking the pulse and strength of the market.
If prices move up your on board, if prices drop from the opening range you are kept out of a losing trade.

If your futures trading method is still telling you to be long, try again the next day. If your short of course, it's the exact same in reverse.
Sounds simple? It is, but its very effective.
In our experience you can cut losing trades by up to 20% using this tool and it's an excellent method for filtering your trading signals.

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1. Lowest spreads in the market with 0-1 pips in 10 pairs, no commissions, no swaps and instant account Activation.
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