Chelton Wealth-Chelton AB

Overview

Chelton Wealth's Currency Alpha program employs supply and demand trading. Supply and demand trading is a trading method where the idea is to find points in the market where price has made a strong advance or decline and mark these areas as supply and demand zones using rectangles. The point in which the price has made a strong advanced is marked by the trader as a demand zone. A point where the market has made a sharp decline is marked as a supply zone. The main premise of supply and demand trading is when the market makes a sharp move up or done and the large institutions (i.e., banks and hedge funds) are not able to get their entire trade placed into the market, therefore they leave pending orders to buy or sell at the zone with the expectation that the market will return to the zone and the rest of their trading position will be filled. The Markets traded include G10 currency majors and crosses, Gold (XAUUSD), WTI and Indices CFDs. (This is also available as a spot FX Only strategy). Managed accounts may be denominated in CHF, EUR, GBP and USD.

Program Details