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2. Trending action

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It is something of a truism that when we look at a chart of market action some of us see the highs and the lows (what I also refer to as the extremes) and some of us see the moves between the highs and the lows – and these moves are called trends.

Similarly some traders look to make money out of the highs and lows and others like to profit from the trends. The Hi/Lo bet is one way of doing both. I set out above how this bet can be useful with an extreme low and I now use a very similar example to show how it can be used when a market is trending – meaning the trader expects the market to continue in the same direction and not make a key high or low.

Binary Trading

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