Trade with MarketMeter

This publication continues a series of stories about the trade with MarketMeter indicator. Previous materials were in English. But this time I decided to reach Russian-speaking audience. And for completeness Russian flavor - it will be about CFD trading on the Russian blue chip stocks.

Comprehensive features LED enable, among other things, set practically arbitrary set of working tools that make up the so-called cluster - a simplified, but at the same time a global picture of the market: it allows you to assess the mutual influence and the relative value of tickers. Since oil and gas sector is the hallmark of Russia, consider trading blue chips this industry. The cluster will look like this: USDRUB, #GAZP, #LKOH, #ROSN, #SIBN, #SNGS.

Let me remind you that interpret the indicator is very simple - the line at the top of the appropriate tools, which are recommended to buy, and the line at the bottom - the fact that it is preferable to sell. It should also be noted that these tickers are quoted in rubles, so extra attention should be paid to the mutual arrangement of lines and tickers RUB.

To begin, consider as an illustration of the picture, which was formed on the market about a month ago - the first decade of August.

As you can see from the screenshot, a considerable discrepancy #GAZP the ruble in different directions, and the ticker was at the top and bottom of the ruble, has formed a buy signal, that would bring about 1,200 pips in the next few days (out of the deal is done or the trailing stop, or to reduce the divergence to a minimum value).

Now let's see what the situation is at the moment:

Indicator offers to sell #LKOH. Conclusions as to whether the forecast was justified, it will be most likely to do next week.