It’s natural to be concerned by what’s happening in the Middle East.
It’s a volatile situation. Turmoil like this takes on a life of its own. Given the extreme range of outcomes now possible, rational analysis has little value.
It’s an unpredictable situation.
But, as traders, we don’t need to predict the outcome – or even the next step in its chaotic evolution.
Price action tells you how to react.
And, keep in mind that turning price action into profit doesn’t make you a war profiteer.
We’re not gun runners. We’re traders.
Taking what the markets give you is a rational and moral response to any situation.
You saw this last week in the 142% run-up in Indonesia Energy Corporation Ltd. (AMEX: INDO) between Friday’s market open and mid-afternoon Monday.
Source: StocksToTrade
This was the market reacting to an escalation in the Middle East conflict. INDO’s stock price would have gone that way with or without you.
Many traders took what the market gave them and turned that action into profit.
You can too.
The best way to get a read on what price action says about what stocks show the best trading potential for the day is to choose Oracle.
For hours before the market opens up through the first 15 minutes of trading, it digests the price action across the entire stock market to give you an actionable list of stocks to watch.
Plus, you have entry, stop-loss, and exit levels to follow regardless of the stocks’ direction.
Every day, at 2:30 PM ET, you can see Oracle in action here. That way you’ll get all the help you take full advantage of this most powerful trading resource.
Add Oracle today to read the market’s reaction the right way, no matter how events unfold.
Until next time,
Tim Bohen
Lead Trainer, StocksToTrade
*Past performance does not indicate future results