Constant range bars charts exposed (Price Movement/Volatility Charts)

The >> Key-Levels << that I watch in My Technical Analysis are strictly correlated with the Trading tools and Instruments that I use.

What I haven't posted until now is the fact that I use >>2 Time-Frames (4 Hours and 1 Hour, or Daily and 4 Hours) and 2 Constant Range Bars charts setups (35 Pips and 15 Pips)<< to enter the Market.

The Bigger Time Frame or Range Bars Charts Setup is called the SETUP Chart.
The Entry/Timing, smaller time-frame or Range Bars Charts setup is called the TRIGGER Chart.

Key-Levels for the Setup Charts:

- Pivot Points (Daily, Weekly and Monthly - Main Pivots, 3 Supports and 3 Resistences),
- Fibonacci Retracements (during a Trend),
- Simple Moving Averages (30,50,100 and 200 SMA - also effective during an Uptrend or a Downtrend),
- Trendlines and Channel Trendlines (During trends and Congestion areas),
- Support and Resistences

Key-Levels for the Trigger Charts, besides the ones from the Setup Chart:

- Different SMA's (the same setups 30,50,100 and 200SMA) - signal confirmation,
- 5 and 13 EMA cross - signal confirmation,
- RSI - Trendline Break-out, False Break-out - entry/exit confirmation,
- ABCD or 123 Patterns - entry/exit confirmation,
- sometimes MACD (convergence, divergence, trendline break-outs) - confirmation.

I correlate the Instruments Above with Volumes Analysis and Candlestick/Bars Formations.
To enter the Market the Trend on the Setup Chart has to be Correlated with the Trend on the Trigger Chart (correlation of the Signals).

>>IMPORTANT<< : I use Different instruments according to the Market Conditions. I use some of the Instruments - all the Time, Some of the Tools for some of the Time, All of the Instruments for a period of time, Sometimes No Key-Level if I trade "Naked" (Based only on price action and Volumes), but I think to Cannot Trade all the time without using these Tools .(after a Quote from Abraham Lincoln).

>>So, Key-Levels are Market Points that give the Price/Time Movement a certain order for the traders to see the Levels where there could be important changes in the Price Action.<<

To Your success,
Doctortyby

Thanks Doc for your info. Love to see some charts with the setup you mention.
Regards Batavier

anyways before things got technical about wording, what I was basically saying is, charts don't move the market, people do, so know what the people are doing, and you know how to trade without a chart.

and what I meant by

economics are study of scare resources that can be used in alternative ways

and people money and time is scare resource that can be used in alternative way

what I meant was...

understand what people are seeing happening in the world around them, and that will tell you where there going to invest there money and time, and that is trading without a chart


--------------------and back to the old convo-------------
and I upon thinking what you said I supposed economics is affected after the fact of how people invest there moneys and etc


because if you gold prices rise, economics states more people will mine gold and then supply will fill and gold prices will drop etc etc etc

(and the beauty is gold prices rising allows people to mine gold in less effecient and pricy ways yet still turn a profit hehehe)

so yeah its a cycle fair point

Range Bars Charts Exposed - The Timing Solution

You have more information and charts in the other thread regarding the Entry/Exit from the market based on the Analysis using the Range Bars Charts.

To Your Success,
Doctortyby

What people "see" is the force that drives the market these days... You
would think that they are the retail traders and investors... but the
institutional traders and Brokers, the "professional traders" (real Volumes)
really move the market price, based on what normal people "see"...
I hope You can read between the lines to understand better what I
mean by that statement.

Supply and demand are two economic factors that are extremely Volatille,
and they are the forces that take full charge of the Market Free Price
only in theory.

Various Economic factors attract investors into a certain Country.
The currency's strenght or weakness affect at a certain point even
the Real estate Investors (through their property values and the
Labor Market changes) and Import/Export Companies (through
Exchange Rate Differences).

Let's take as example the Gasoline:

If Oil's prices for Futures is higher (as a consequence of the ratio
between Supply and Demand, International contracts),then the
Gasoline price that You put into You car grows. But when the Oil Price
falls back to the start point or even lower (Political Tentions, wars, riots),
the Gasoline stays at the same high price. But Oil is correlated with Gold
and the Us$ currency. And Us$ is correlated with the Major Pairs and
risk appetite(risk on/risk off - Stock Indices and Euro/Usd Pair) for
financial investors...
What does that say to You?...

With Respect,
Doctortyby

Hi ,

I saw couple of your threads which was very helpful and educative. I trade main Forex and I would appreciate if you could tell me which chart or broker do you use for range bar.

Regards

Soobash

Free Reliable Range Bar Indicators

Free indicators listed at end of post - see Constant Range Detector. Scroll down to - Constant Range Indicators and Constant Range Information

http://codebase.mql4.com/c/codebase/2012/06/CR-2.jpg
http://codebase.mql4.com/c/codebase/...CR-4_small.jpg

http://www.forexfactory.com/showthre...47#post8200647