Hi Everybody,
I was wondeing if anyone with experience using the Spike Striker method would mind helping out with a few quick questions; I just got started with it last night, and I’m really excited about using a tool that gives me more insight into the underlying market!
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What do you do when the position it tells you to buy/sell at doesn’t match up with an actual strike? I swear I saw that last night. Do you choose the closest one below or above on Nadex?
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The Striker tells you when to get in basically, but how do you know when to get out? A lot of people have exit points of $15 - $20 profit, but what if it doesn’t get that high, and how do you know if it will or whether you should just exit the trade and take what you’ve got?
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Is the Volume Indicator in the Striker referring to upcoming buy or sell volume? How can I tell which?
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How do you read the Volume Indicator graphically? I see two super-imposed hills essentially; red and green.
If anyone could help me with any of these questions, (I’m sure it could serve as reference for all as well) I’d really appreciate it.
Best,
Jacob