What About This ‘Voodoo’ Trading?
The stock market creates a secretive environment for how this almost “magical” world ebbs and flows.
No matter what is happening in the world the market keeps moving and, for traders, the challenge is trying to pull back the veil of mystery and predict market direction.
What can traders do to identify hidden levels of support and resistance in market movement that indicate price direction?
Years ago one of the team members at Simpler Trading developed an indicator based on an age-old formula for market predictions. The formula followed “waves” in the market and indicated key signals using lines within a computer trading platform.
The indicator was so eerily accurate that John Carter, founder of Simpler Trading, dubbed these “Voodoo” lines. He marveled at how the indicator seemed to predict future price action “like magic.”
Today Voodoo Lines® is a staple tool used by Simpler’s team to determine more precise entries and exits with setups across the market. The uncanny accuracy of Voodoo Lines® is unmatched thanks to the proprietary Elliott Wave formula foundation of the indicator backed by up to 30 years of historical data.
Our traders love how Voodoo Lines® work to map out trades in advance… This is almost like having cheat codes for the next move on a chart.
Another unique part of Voodoo Lines® is how it works with other long-standing indicators to improve their accuracy. This all combines to maximize profit potential with precise entries, exits, and profit targets when trading futures, forex, and options.