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Commodity Snitch app for iPhone and iPad


4.6 ( 7296 ratings )
Finance
Developer: Snitch Technologies
Free
Current version: 1.4, last update: 7 years ago
First release : 17 Jul 2012
App size: 1.76 Mb

Turn your commodity trades around and into constant cash flow by trading only retracements in the market. Snitch apps point out plainly where retracement is likely to follow in the market. With discipline too you can make serious money being a retracement only trader. Forget about positioning for big moves. Trade the market after it moves.

Sell into STRONG BUY signals 4-5hours or older, after checking charts! Buy into STRONG SELL signals 4-5 hours and older.
When you know your direction switch to 5 minute charts to wait for price action to get to the top or bottom of the current consolidation channel.. Ie if you want to buy - the bottom, If you want to sell then the top of the current price action channel.
Many people make the mistake of trading the signals as they are shown. This is not the correct way to trade with this application. This application allows you to see higher probability retracement trades in conjunction with your own checking of charts. So for example strong buy could and does at some point indicate you should sell.

See website for further help or details about using snitch correctly.