Everyone wants to find a simple low cost, high probability entry and exit method that gives good results. An ICCE Channel offers just that. ICCE being Bemac's acronym for Intake Compression Combustion Exhaust. The ICCE Channel is the Compression component of that. A Compression or Consolidation area on a chart is a historical area where buying and selling are in a tight balanced struggle. Everyone can spot these easily on a bare chart. Switch from candles to Line on Close and then look for the most boring, unexciting part of the chart. It'll be a little squiggly line. On a Daily chart (in today's low volatility envronment) it may only be 75 pips high.
If anyone is interested to talk further, I'll be around.
Best,
Eric.
If anyone is interested to talk further, I'll be around.
Best,
Eric.
" Be always employed in something useful." - Benjamin Franklin