This is indeed a great strategy as it takes advantage of an unavoidable concept or workings of the forex market.... "the importance of the daily open price" or as some call it... "Midnight open price". When the markets open daily, even though price ...
Good Fellow, Could this also be a setup in the making even for EURUSD? I know that most times price will not get that support or resistance area before a new trend starts to form. I have gone to 15 minutes time frame to look at that pair, this are ...
I think your ideas on the TrendStrength settings give better confirmations. Generally, when RSI is just begins to go below 50 mark then trends tend to shift to the downside and vice versa for when RIS is just beginning to go above 50 Mark (trend ...