How To Do That Market ‘Voodoo’ We Do…
How To Do That Market ‘Voodoo’ We Do...June 10, 2021
The market is amazing, almost “magical,” with how price and volume can ebb and flow.
What can be even more amazing is knowing how to identify hidden levels of support and resistance in market movement that indicate price direction.
No matter what happens with news, politics, or economics, the market keeps moving. For traders, the challenge is trying to lift the veil of mystery and predict market direction.
Many moons ago one of the team members at Simpler Trading developed an indicator based on an age-old formula for market predictions. The formula identified “waves” in the market and presented 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 couldn’t get over 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.
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.
And now, two of the masters of this indicator (one is the creator, the other the “Zen of Simpler”) are sharing how they work the market daily with a hint of “magic.”