Wednesday, November 30, 2022

SYNTHETIC CRASH 500 INDEX

Hi, and thank you for coming over to my blog. 

First off, do you understand Forex? Do you understand what a synthetic indices are and which broker offers these as tradeable.

So if you are new, a sythetic indice in a nutshell is an indice that is not affected by fundamentals.These are typically offered by a broker called DERIV. The most common traded pairs are VIX 75 which offers a great ROI. 

But, let's chat about Crash 500, there are many strategies available on the internet and many videos which show different types of trading strategies. The easiest and most common is to use price action and then the RSI indicator, the simplest method is to sell when RSI hits 90 (using 1m timeframe) and hold based on different levels. 

Go have a look at the chart 90% of the time Crash 500 fall after it its the 80 or 90 levels on the RSI, its a simple way to get you started with a synthetic index and Deriv.

If you have not registered a Deriv Account, you can register by following this link