Happy New Year.
Some retracement target areas should priice pull back.
Using RSI to confirm price is stretched to its maximum. Positive Divergence always a bonus.
Use the session divider (Verticle line) to identify low pressure areas. Price s ALWAYS drawn towards low pressure areas. No exception. I do not have to prove this to you. All you need to do is look at the chart to see it.. I did not make this up.
Low pressure (low volume)
High pressure (high volume)
Forex and sometimes futures gives us a very consistent read on volume. EVERY DAY there is a lowest volume of the day point.... it is identified directly n the center of the session divider line. Once you can see this you can exploit it for profit.
There are other principles. I will review these one at a time.
Post questions and intelligent critiques below.
Linear Reg set to 100
RSI set to 7
14 and 50 EMA (current time frame)
14 EMA (orange) Daily time frame
Some retracement target areas should priice pull back.
Using RSI to confirm price is stretched to its maximum. Positive Divergence always a bonus.
Use the session divider (Verticle line) to identify low pressure areas. Price s ALWAYS drawn towards low pressure areas. No exception. I do not have to prove this to you. All you need to do is look at the chart to see it.. I did not make this up.
Low pressure (low volume)
High pressure (high volume)
Forex and sometimes futures gives us a very consistent read on volume. EVERY DAY there is a lowest volume of the day point.... it is identified directly n the center of the session divider line. Once you can see this you can exploit it for profit.
There are other principles. I will review these one at a time.
Post questions and intelligent critiques below.
Linear Reg set to 100
RSI set to 7
14 and 50 EMA (current time frame)
14 EMA (orange) Daily time frame