Time Cell Trading

hi FC,

Thank you for your advise, closed GU +70 pips, and waiting the breakout the line as per your advise green 4long set up and red for SELL set up

enclosure 1hrs GU TF

Cheers

http://www.straightforex.com/perfect.html

Price Action: The Perfect Forex Trading System

Trading the Forex market has become very popular in the last few years. But how difficult is it to achieve success in the Forex trading arena? Or let me rephrase this question, how many traders achieve consistent profitable results trading the Forex market? Unfortunately very few, only 5% of traders achieve this goal. One of the main reasons of this is because Forex traders focus in the wrong information to make their trading decisions and totally forget about the most important factor: Price behavior.

Most Forex trading systems are made off technical indicators (a moving average (MA) crossover, overbought/oversold conditions in an oscillator, etc.) But what are technical indicators? They are just a series of data points plotted in a chart; these points are derived from a mathematical formula applied to the price of any given currency pair. In other words, it is a chart of price plotted in a different way that helps us see other aspects of price.

There is an important implication on this definition of technical indicators. The fact that the readings obtained from them are based on price action. Take for instance a long MA crossover signal, the price has gone up enough to make the short period MA crossover the long period MA generating a long signal. Most traders see it as “the MA crossover made the price go up,” but it happened the other way around, the MA crossover signal occurred because the price went up. Where I’m trying to get here is that at the end, price behavior dictates how an indicator will act, and this should be taken into consideration on any trading decision made.

Trading decisions based on technical indicators without taking price action into consideration will give us less accurate results. For example, again a long signal generated by a MA crossover as the market approaches an important resistance level. If the price suddenly starts to bounce back off that important level there is no point on taking this signal, price action is telling us the market doesn’t want to go up. Most of the time, under this circumstances, the market will continue to fall down, disregarding the MA crossover.

Don’t get me wrong here, technical indicators are a very important aspect of trading. They help us see certain conditions that are otherwise difficult to see by watching pure price action. But when it comes to pull the trigger, price action incorporation into our Forex trading system will definitely put the odds in our favor, it will generate higher probability trades.


So, how to create a perfect Forex trading system?


First of all, you need to make sure your trading system fits your trading personality; otherwise you will find it hard to follow it. Every trader has different needs and goals, thus there is no system that perfectly fits all traders. You need to make your own research on various trading styles and technical indicators until you find a concept that perfectly works for you. Make sure you know the nature of whatever technical indicator used.

Secondly, incorporate price action into your system. So you only take long signals if the price behavior tells you the market wants to go up, and short signals if the market gives you indication that it will go down.

Third, and most importantly, you need to have the discipline to follow your Forex trading system rigorously. Try it first on a demo account, then move on to a small account and finally when feeling comfortably and being consistent profitable apply your system in a regular account.

You need to make sure your trading system fits your trading personality.

hi FC,

Thank you for your advise, Same like GU I closed EUCAD -3 pips, and waiting the breakout Support or Resistance the line as per your advise http://cdn.forexfactory.com/images/s...m/thumbsup.gif green 4long set up and red for SELL set up

enclosure 4hrs EUCAD TF

Cheers

EURAUD, H4, 2010 September 07

Trade Example

Trade the CCI(14) Tops and Bottom in conjunction with the upper and bottom Line of Bollinger Band.

Preferred Trades:
P1 (Enter Long), P2 (Exit & Enter Short), P3 (Exit & Enter Long), P4 (Exit & Enter Short), P5 (Exit & Enter Long), P6 (Exit & Enter Short), P7 (Exit & Enter Long), P8 or P8A (Exit & Enter Short), P9 (Exit & Enter Long), P10 (Enter Long), P11 (Enter Long).

See also the Price Action:
P1 (Hammer); P2 (Bearish Engulfing Pattern), P3 (three Indifferent Candles), P4 (Dark Cloud Cover), P5 (Hammer), P6 (Shooting Star), P7 (Bullish Engulfing Pattern), P8 (Dark Cloud Cover), P9-10 (Pos. Divergence), P11 (Spinning Tops).

Global View: Daily chart shows an downtrend. The overall direction has been downwards since 2010.07.20. Candles has moved under the middle line of Bollinger Band down.

What is Price Action?

Price action is essentially the closest relative to order flow in FX and across all markets. It is the direct result of the order flow. Thus, it has the fingerprints of bias, speed of buying/selling, where buying and selling is occurring (support/resistance) when a breakout is genuine and where a likely reversal is occurring. From the continuous flow of price action which pours onto our charts, all indicators are born and thus dependent upon it. Hence, understanding and being able to interpret price action becomes an essential component to our trading. It is a way to get into the essence behind what creates the indicators and most technical signals in the markets.

What Does Price Action Mean?
The movement of a security's price. Price action is encompassed in technical and chart pattern analysis, which attempt to find order in the sometimes seemingly random movement of price. Swings (high and low), tests of resistance and consolidation are some examples of price action.

The candlestick and price bar are important tools for analyzing price action, since they help traders visualize of price movement. Candlestick patterns such as the Harami, engulfing pattern and cross are all examples of visually interpreted price action.


http://i.investopedia.com/inv/092009...y/inv_icon.jpg
Investopedia explains Price Action
No two people will analyze every bit of price action the same way, and that is why a lot of traders find the concept of price action so elusive. Quite literally, price action is everything that a security's price does, and just like every other facet of analysis, it is purely subjective.

What Does Downtrend Mean?
Describes the price movement of a financial asset when the overall direction is downward. A formal downtrend occurs when each successive peak and trough is lower than the ones found earlier in the trend.

http://i.investopedia.com/inv/dictio.../downtrend.GIF

Notice how each successive peak and trough is lower than the previous one. For example, the low at Point 3 is lower than the low at Point 1. The downtrend will be deemed broken once the price closes above the high at Point 4.

http://www.investopedia.com/terms/d/downtrend.asp

What does Bollinger Band mean?

A band plotted two standard deviations away from a simple moving average, developed by famous technical trader John Bollinger.

http://i.investopedia.com/inv/dictio...lingerband.gif

In this example of Bollinger bands, the price of the stock is banded by an upper and lower band along with a 21-day simple moving average.

http://i.investopedia.com/inv/092009...y/inv_icon.jpg
Investopedia explains Bollinger Band

Because standard deviation is a measure of volatility, Bollinger bands adjust themselves to the market conditions. When the markets become more volatile, the bands widen (move further away from the average), and during less volatile periods, the bands contract (move closer to the average). The tightening of the bands is often used by technical traders as an early indication that the volatility is about to increase sharply.

This is one of the most popular technical analysis techniques. The closer the prices move to the upper band, the more overbought the market, and the closer the prices move to the lower band, the more oversold the market.

Die BollingerBänder

Entstehung
Die BollingerBänder (Bollinger Bands) wurden von John Bollinger von Bollinger Capital Management Anfang der 80ziger Jahre als Indikator erfunden und gehören mittlerweile zum Standard-Werkzeug der TechnischenAnalyse.
Seine Idee wurde durch das statistischen Phänomen der Häufung in der Mitte (goldene Mitte) angeregt, da in normalverteilten Wertegruppen sich eine bestimmte Menge an Werten mit einer bestimmten Wahrscheinlichkeit befindet, die um einen festen Betrag von einem Mittelwert abweichen. Daraus lässt sich ableiten, dass innerhalb eines Kanals sich alle Kurse befinden müssen, da sie nur begrenzt weit vom Mittelwert (Gleitender-Durchschnitt=MA) notieren können. Hierbei werden BreakOuts (geringe Prozentzahl<=5%) vernachlässigt. Der (Gauss´schen) Normalverteilung wird die Standardabweichung gebildet: es wird die Schwankungsbreite gebildet, d.h. in wie weit der Kurs historisch um den 20-Tage-Durchschnitt geschwankt hat.

Anwendung
Hauptanwendungsgebiet der BollingerBänder sind Aktien: hier wird versucht durch die entstandenen Bänder innerhalb dieser zu traden (Kanaltrading). Auch werden Ausbrüche aus den Bändern getradet.

Beschreibung
Bollinger Bänder sind "Umhüllungslinien" des Kursverlaufs: sie umhüllen den Kursverlauf Basiswertes (Underlyings) mit einem variablen Abstand. Somit ergibt sich jeweils ein Band oberhalb und unterhalb des Kurses. Innerhalb dieser Bänder bewegt sich der Kurs. Der Abstand zwischen dem Kurs und einem BollingerBand wird als Spannbreite verstanden.
Die BollingerBänder bauen auf einem Gleitenden-Durchschnitt (Moving Average=MA) auf und geben die Marktvolatilität als Abstände nach oben und unten zum Kursverlauf wieder. Somit resultieren die Bänder aus einer Spanne von 2 Standardabweichungen über und unter dem Gleitenden-Durchschnitt. Der Abstand der Bänder voneinander in Relation mit der Gleitenden-Durchschnittslinie steht somit in Abhängigkeit zu der aktuellen Schwankungsbreite des Underlyings/Basiswertes. Die Bänder verwenden also Maß für die Verschiebung die Standardabweichung, um die Volatilität des Underlyings wiederzuspiegeln und grenzen so die zu erwartenden Kursschwankungen ein. Die Entfernung zu der Gleitenden-Durchschnittslinie beträgt als Standard die 2-fache Standardabweichung der Periode. Man erhält zwei Kurven, indem man die Standardabweichung zu dem Gleitenden-Durchschnitt (20-Tage) hinzuaddiert und subtrahiert.
Die BollingerBänder sind somit sehr einfach: Sie bauen auf einem Gleitenden-Durchschnitt auf, der um je zwei Standardabweichungen nach oben und unten verschoben wird.
Dieser Ansatz ist bereits von den Envelopes bekannt. Jedoch verwenden die Envelopes einen feststehenden Prozentsatz für die Abweichung/Verschiebung, während hingegen die BollingerBänder variabel sind. Die Variabilität ergibt sich aus der Schwankungsbreite, so dass sich die Bänder individuell dem Underlying/ Basiswert anpassen. Dies ist das besondere an den BollingerBändern, im Gegensatz zu den Indikatoren,Oszillatoren u. Envelopes: die BollingerBänder sind selbstadjustierend.
Statistisch gesehen, liegen 95% der Kurse innerhalb der BollingerBänder (2-fache Standardabweichung), genau darauf bauen die Trading-Ansätze auf. Bei der einfachen Standardabweichung beträgt der Prozentsatz 70%, dieser wird aber kaum verwendet.

Standard Einstellungen
-Periode zwischen 20-21 Tage (arithmetischer Gleitender-Durchschnitt)

Weitere Einstellungen
-Periode bis zu 50 Tagen -schnellere Reaktionszeit: Exponentieller-Durchschnitt -verlangsamtere Reaktionszeit: Geglätteter-Durchschnitt

Berechnung
Oberes BollingerBand = MA + 2s Mittleres BollingerBand = MA (eigentlich kein Band, sondern der MA auf dem die Berechnung aufbaut) Unteres BollingerBand = MA -2s

Trading-Ansatz...

... Perioden geringer Volatilität
Bei geringer Volatilität liegen die Bänder sehr eng beieinander, da der Kurs und somit der Gleitende-Durchschnitt langsam seitwärts tendiert (geringe Standardabweichung/Volatilität). Mit einem baldigen Ausbruch (short/long) kann gerechnet werden, da die Wahrscheinlichkeit einer starken Preisbewegung wächst.

http://www.aktienboard.com/mw/images...Bollinger1.gif

... Perioden mit Volatilität
Da der Kurs sich zu 95% innerhalb der BollingerBänder bewegt, kann man sein Trading anhand der Umkehrpunkte innerhalb der Bänder ausrichten, da der Kurs sich zwischen den Bändern schwankt. Der Kurse bewegt sich normalerweise von einem Band zum anderen Band. Umkehrpunkte befinden sich jeweils an dem oberen u. unteren Rand BollingerBand.
Umkehrpunkte befinden sich auch innerhalb der Mitte der Bänder (ähnlich wie bei den TradingRanges: MiddleRange), sind jedoch nicht allzu zuverlässig.

... Top/Bottom Bildung an den Bändern
Bildet sich in der Nähe (außerhalb/innerhalb) eines Band ein Top/Bottom als extreme Punkte wiederholen, so ist dies als Anzeichen für eine bevorstehende Trendwende zu werten.

... Ausbruch aus den Bändern
Hier kann der Ausbruch (Schlußkurs außerhalb der Bänder) als FalseBreak/Fehlausbruch behandelt werden. Da sich der Kurs zu 95% innerhalb der BollingerBänder bewegt, ist mit einem baldigen Wiedereintritt in die BollingerBänder zu rechnen. Ein Ausbruch aus den Bändern stellt daher im Regelfall eine extreme Übertreibung dar, die kurzfristig korrigiert werden sollte: man traded die Bewegung in Richtung der Ausbruchsstelle. Diese Gegenbewegung ist erst beendet, wenn der Kurs wieder in die BollingerBänder eintaucht.

http://www.aktienboard.com/mw/images...Bollinger2.gif

Allerdings sind die restlichen 5% beachten: der starke Kursausbruch kann auch auf eine längere Auf-/Abwärtsbewegung hindeuten (solange, bis der Gleitende-Durchschnitt mit seinen BollingerBänder wieder nachzieht/korrigiert).

... steigenden/fallenden BollingerBändern
Steigende/Fallende BollingerBänder können als Trendfolge-Indikator genutzt werden und zeigen einen Aufwärts-/Abwärtstrend an. Die Kurse erreichen dann kaum das jeweils andere Band, sondern schwanken nur zwischen dem Gleitenden-Durchschnitt u. dem oberen Band (im Aufwärtstrend) oder dem unteren Band (im Abwärtstrend).

http://www.aktienboard.com/wiki/Bollinger_Bänder

http://stockcharts.com/help/doku.php?id=chart_school:technical_ indicators:bollinger_bands

Bollinger Bands

Introduction

Developed by John Bollinger, Bollinger Bands are volatility bands placed above and below a moving average. Volatility is based on the standard deviation, which changes a volatility increase and decreases. The bands automatically widen when volatility increases and narrow when volatility decreases. This dynamic nature of Bollinger Bands also means they can be used on different securities with the standard settings. For signals, Bollinger Bands can be used to identify M-Tops and W-Bottoms or to determine the strength of the trend. Signals derived from narrowing BandWidth are discussed in the chart school article on BandWidth.

SharpCharts Calculation


* Middle Band = 20-day simple moving average (SMA)
* Upper Band = 20-day SMA + (20-day standard deviation of price x 2)
* Lower Band = 20-day SMA - (20-day standard deviation of price x 2)


http://stockcharts.com/school/data/m...-sprdsheet.png
Click here for download this spreadsheet example.

Bollinger Bands consist of a middle band with two outer bands. The middle band is a simple moving average that is usually set at 20 periods. A simple moving average is used because a simple moving average is also used in the standard deviation formula. The look-back period for the standard deviation is the same as for the simple moving average. The outer bands are usually set 2 standard deviations above and below the middle band.

http://stockcharts.com/school/data/m...-1-spyexam.png

Settings can be adjusted to suit the characteristics of particular securities or trading styles. Bollinger recommends making small incremental adjustments to the standard deviation multiplier. Changing the number of periods for the moving average also affects the number of periods used to calculate the standard deviation. Therefore, only small adjustments are required for the standard deviation multiplier. An increase in the moving average period would automatically increase the number of periods used to calculate the standard deviation and would also warrant an increase in the standard deviation multiplier. With a 20-day SMA and 20-day Standard Deviation, the standard deviation multiplier is set at 2. Bollinger suggests increasing the standard deviation multiplier to 2.1 for a 50-period SMA and decreasing the standard deviation multiplier to 1.9 for a 10-period SMA.

Signal: W-Bottoms

W-Bottoms were part of Arthur Merrill's work that identified 16 patterns with a basic W shape. Bollinger uses these various W patterns with Bollinger Bands to identify W-Bottoms. A "W-Bottom" forms in a downtrend and involves two reaction lows. In particular, Bollinger looks for W-Bottoms where the second low is lower than the first, but holds above the lower band. There are four steps to confirm a W-Bottom with Bollinger Bands. First, a reaction low forms. This low is usually, but not always, below the lower band. Second, there is a bounce towards the middle band. Third, there is a new price low in the security this low holds above the lower band. The ability to hold above the lower band on the test shows less weakness on the last decline. Fourth, the pattern is confirmed with a strong move off the second low and a resistance break.

http://stockcharts.com/school/data/m...-2-jwnwbot.png

Chart 2 shows Nordstrom (JWN) with a W-Bottom in January-February 2010. First, the stock formed a reaction low in January (black arrow) and broke below the lower band. Second, there was a bounce back above the middle band. Third, the stock moved below its January low and held above the lower band. Even though the 5-Feb spike low broke the lower band, Bollinger Bands are calculated using closing prices so signals should also be based on closing prices. Fourth, the stock surged with expanding volume in late February and broke above the early February high. Chart 3 shows Sandisk with a smaller W-Bottom in July-August 2009.

http://stockcharts.com/school/data/m...3-sndkwbot.png

Signal: M-Tops

M-Tops were also part of Arthur Merrills work that identified 16 patterns with a basic M shape. Bollinger uses these various M patterns with Bollinger Bands to identify M Bottoms. According to Bollinger, tops are usually more complicated and drawn out than bottoms. Double tops, head-and-shoulders patterns and diamonds represent evolving tops.

Follow-up:
http://stockcharts.com/help/doku.php?id=chart_school:technical_indicators:bollinger_bands

In its most basic form, an M-Top is similar to a double top. However, the reaction highs are not always equal. The first high can be higher or lower than the second high. Bollinger suggests looking for signs of non-confirmation when a security is making new highs. This is basically the opposite of the W-Bottom. A non-confirmation occurs with three steps. First, a security forges a reaction high above the upper band. Second, there is a pullback towards the middle band. Third, prices move above the prior high, but fail to reach the upper band. This is a warning sign. The inability of the second reaction high to reach the upper band shows waning momentum, which can foreshadow a trend reversal. Final confirmation comes with a support break or bearish indicator signal.

http://stockcharts.com/school/data/m...-4-xommtop.png

Chart 4 shows Exxon Mobil (XOM) with an M-Top in April-May 2008. The stock moved above the upper band in April. There was a pullback in May and then another push above 90. Even though the stock moved above the upper band on an intraday basis, it did not CLOSE above the upper band. The M-Top was confirmed with a support break two weeks later. Also notice that MACD formed a bearish divergence and moved below its signal line for confirmation.

http://stockcharts.com/school/data/m...-5-phmmtop.png

Chart 5 shows Pulte Homes (PHM) within an uptrend in July-August 2008. Price exceeded the upper band in early September to affirm the uptrend. After a pullback below the 20-day SMA (middle Bollinger Band), the stock moved to a higher high above 17. Despite this new high for the move, price did not exceed the upper band. This flashed a warning sign. The stock broke support a week later and MACD moved below its signal line. Notice that this M-top is more complex because there are lower reaction highs on either side of the peak (blue arrow). This evolving top formed a small head-and-shoulders pattern.

Signal: Walking the Bands

Moves above or below the bands are not signals per se. As Bollinger puts it, moves that touch or exceed the bands are not signals, but rather "tags". On the face of it, a move to the upper band shows strength, while a sharp move to the lower band shows weakness. Momentum oscillators work much the same way. Overbought is not necessarily bullish. It takes strength to reach overbought levels and overbought conditions can extend in a strong uptrend. Similarly, prices can "walk the band" with numerous touches during a strong uptrend. Think about it for a moment. The upper band is 2 standard deviations above the 20-period simple moving average. It takes a pretty strong price move to exceed this upper band. An upper band touch that occurs after a Bollinger Band confirmed W-Bottom would signal the start of an uptrend. Just as a strong uptrend produces numerous upper band tags, it is also common for prices to never reach the lower band during an uptrend. The 20-day SMA sometimes acts as support. In fact, dips below the 20-day SMA sometimes provide buying opportunities before the next tag of the upper band.

http://stockcharts.com/school/data/m...-6-apdwalk.png

Chart 6 shows Air Products (APD) with a surge and close above the upper band in mid July. First, notice that this is a strong surge that broke above two resistance levels. A strong upward thrust is a sign of strength, not weakness. Trading turned flat in August and the 20-day SMA moved sideways. The Bollinger Bands narrowed, but APD did not close below the lower band. Prices, and the 20-day SMA, turned up in September. Overall, APD closed above the upper band at least five times over a four month period. The indicator window shows the 10-period Commodity Channel Index (CCI). Dips below -100 are deemed oversold and moves back above -100 signal the start of an oversold bounce (green dotted line). The upper band tag and breakout started the uptrend. CCI then identified tradable pullbacks with dips below -100. This is an example of combining Bollinger Bands with a momentum oscillator for trading signals.

http://stockcharts.com/school/data/m...-7-monwalk.png

Chart 7 shows Monsanto (MON) with a walk down the lower band. The stock broke down in January with a support break and closed below the lower band. From mid January until early May, Monsanto closed below the lower band at least five times. Notice that the stock did not close above the upper band once during this period. The support break and initial close below the lower band signaled a downtrend. As such, the 10-period Commodity Channel Index (CCI) was used to identify short-term overbought situations. A move above +100 is overbought. A move back below +100 signals a resumption of the downtrend (red arrows). This system triggered two good signals in early 2010.

Conclusions

Bollinger Bands reflect direction with the 20-period SMA and volatility with the upper/lower bands. As such, they can be used to determine if prices are relatively high or low. According to Bollinger, the bands should contain 88-89% of price action, which makes a move outside the bands significant. Technically, prices are relatively high when above the upper band and relatively low when below the lower band. However, relatively high should not be regarded as bearish or as a sell signal. Likewise, relatively low should not be considered bullish or as a buy signal. Prices are high or low for a reason. As with other indicators, Bollinger Bands are not meant to be used as a stand alone tool. Chartists should combine Bollinger Bands with basic trend analysis and other indicators for confirmation.

Bands and SharpCharts

Bollinger Bands can be found in SharpCharts as a price overlay. As with a simple moving average, Bollinger Bands should be shown on top of a price plot. Upon selecting Bollinger Bands, the default setting will appear in the parameters window (20,2). The first number (20) sets the periods for the simple moving average and the standard deviation. The second number (2) sets the standard deviation multiplier for the upper and lower bands. These default parameters set the bands 2 standard deviations above/below the simple moving average. Users can change the parameters to suit their charting needs. Bollinger Bands (50,2.1) can be used for a longer timeframe or Bollinger Bands (10,1.9) can be used for a shorter timeframe. Click here for a live example.

http://stockcharts.com/school/data/m...bbs-9-shch.png

Further Study

Book: Bollinger on Bollinger Bands. Nobody explains Bollinger Bands better than John Bollinger. This classic covers Bollinger Bands, Bollinger BandWidth, %B, the 32 patterns of Arthur Merrill and more. Bollinger also shows how to use Bollinger Bands to generate signals with other indicators.

Hi FC,

Thanks for your article above .....

now see enclosure USDCHF 240Hrs TF I'm waiting for long entry
I had the plan on the chart would you please comment on this chart, and hopely I could be learning some thing from you FC

Thanks you and appreciated for all you share in this forum

cheers

Divergences are powerfull signals, when both are over 200 or under -200 in higher timeframes.

.

EURJPY, M30, 2010 September 07

Price has reached murrey math "Overshoot Level" [-1/8]. Divergence has been forming out.

Enter Long at 106.80 with 3 positions.

Target: CCI(14) Top and by increasing EMA Lines stay in the long.

Hello mrhb30jr

Great chart! I like it!
Besides pin bars you could take a look at inside bars, too, (which "bit9ret" has introduced at p.25, #371; p.25, #375) as a confirmation to the pin bars (e.g. hammers and shooting stars, may be hanging man, too), at least you've got one more powerful argument in addition.

H4 candles have forming a bullish engulfing pattern.
I would prefere with Enter Long at 1.013 with 3 positions* and then with 3 more positions at 1.00. If price are falling under 1.0 Enter Long with 2 more positions and around 0.98 with 2 positions, or so.

If the actual last H4 candle (spinning top) turned further downwards (and not over the the middle line of Bollinger Band),... it don't confirm the bullish engulfing pattern, ...you could hedge some positions downwards at a lower timeframe (M15/M30) by holding the Enter Long trades in the market. So would I do!

Lowest price (monthly chart) was at 0.96380 at 2008.03.01. Between 0.98 and 0.965 again with several positions Enter Long (max. 5-10) even more to pick up the higher chance of a turn around.

If so there would be 1.5 to 2 full trades in the market (1.5 - 2 Lot, say 15 - 20 positions).

*Position trading
If a trade would be 1 Lot so divide it by 10 and these are the positions.
1 Lot = 10 positions.

Hope it helps!

Sincerely,
FXcube

Hi FC,... Thank you for your comments and the above explanations, the lessons that you provide on this day is very significant for me further to my learning in the world of trading markets, in this forum many of which I can copy and save an article for me to keep learning all of your writings and explanation, I hope this can provide guidance and support to better understand the evolution of the trading markets in the world in the future, hopefully always in yours success, which are the best teachers for me, once again I am grateful greetings of my

and I'll keeps learning base on your advise to have a view from the higher TF to the lowest TF and the pattern of the candle.....

cheers

thanks FC,

Now i see PB on the lowest price ......

now see the updated for the usdchf 5mtf