Touch/No Touch Bet Type
Use this to bet that a particular market will Touch/Not Touch a specified price during a specified period of time. This video and detailed explanation of the Touch/No Touch Bet Type provides further information.
Touch/No Touch Video (click to play)
Touch – This bet will win if a specified market touches a specified price during a specified period of time – This can be anywhere from 1 day to 365 days.
No Touch – This bet will win if a specified market does not touch a specified price during a specified period of time – This can be anywhere from 1 day to 365 days.
Trading Idea
You may consider using the No Touch bet type after seeing an “engulfing” candle, a signal that frequently indicates a change in sentiment. On the Daily chart where these are at their strongest, you could place a 14 day No Touch trade at the extreme of the “engulfing” candle for a good 30% – 50% return in many cases.
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