Because of the channel level, when channel broke with Volume.

BTW: the entry is when Volume broke the avg., and not on bar close.

G.

To make this example a practical one:

You saw from above posts that the M15/M30 channels define a strong level, you can go from H1 chart to the M15 and wait for an entry signal if Volume exceed avg.

This is a pre-signal of “river flood”…

Here is the outcome, with minimal DD and fast reward.

G.

I don’t understand your question.

You should see (in the H1 example) M1, M5, M15, M30 & H1 channels.

A channel is based on each High/Low of the relevant TF.

Rough sketch attached. It shouldn’t be rectangles, but for illustration only.

G.

I don’t understand your question.

You should see (in the H1 example) M1, M5, M15, M30 & H1 channels.

A channel is based on each High/Low of the relevant TF.

G.

Here comes the MASSIVE volume….

G.

To extend indicator you need to set the SHIFT parameter with minus sign (i.e. -1, -2, etc.).

Look at the std. indicators source, such as Alligator or Ichimoku.

Anothe method is to create the channels, one within the other, but each channel should be drawn only when it is closed.

G.

To extend indicator you need to set the SHIFT parameter with minus sign (i.e. -1, -2, etc.).

Lookk at the std. indicators source, such as Alligator or Ichimoku.

Anothe method is to create the channels, one within the other, but each channel should be drawn only when it is closed.

G.

I trade both before and after News/Announcements, but those are different strategies.

What is presented in pipatronic VIDEO thread is the 60% “Law” after the news. It’s more relaxed trading and fits almost any trader style and experience level.

And yes, it’s a retracement trade.

G.

You are engulfing the same bar. M30 should extend out to the righ, etc.

But you can still conclude: Sentiment is clearly down, but if retracement occur (up Volume increase) – it will retrace to the M5, and then to the M15/M30.

To overcome the M15/M30 to the upside it will require massive volume since its double height at the same level.

G.

News/Announcements trading (the 60% Law) is currently in the GREAT pipatronic “VIDEO” thread.

It started as pip remark there, but certainly deserve a thread of its own. There you have both live predictions and their results.

G.

News/Announcements trading (the 60% Law) is currently in the GREAT pipatronic “VIDEO” thread.

It started as pip remark there, but certainly deserve a thread of its own.

G.

News/Announcement trading (the 60% “Law”) is a special and separate issue, but it uses the same underlying physics.

You can consider the News/Announcements as a sudden water flood (caused by excess water, i.e. increased Volume) followed by fast retracement as water rapidly resides (Volume returns to normal flow).

G.

News/Announcement trading (the 60% “Law”) is a special and separate issue.

G.

You can use Gadi_OBV from “Killing Zone” @FF.

ForexGT_Activity is more advanced version, currently not shared.

G.

The “…Never mind what happened in between…” is categorically and absolute, no exceptions.

If you have some Fibo and/or Support/Resistance and/or any other “voodoo” stuff in between – do yourself a favor and ignore them…

G.

The “…Never mind what happened in between…” is categorically and absolute, no exeptions.

If you have some Fibo and/or Support/Resistance and/or any other “voodoo” stuff in between – do yourself a favor and ignore them…

G.

On True Bars/Candles:

Each space between the vertical lines (based on Gadi_OBV, or later ver.) represent one True Bar/Candle.

From Trough to Peak (Yellow to Red dot) is a true UP bar.

From Peak to Trough (Red to Yellow dot) is a true DOWN bar.

Never mind what happens in between.

G.

On True Bars/Candles:

Each space between the vertical lines (based on Gadi_OBV, or later ver.) represent one True Bar/Candle.

From Trough to Peak (Yellow to Red dot) is a true UP bar.

From Peak to Trough (Red to Yellow dot) is a true DOWN bar.

Never mind what happens in between.

G.

On True Bars/Candles:

Each space between the vertical lines (based on Gadi_OBV, or later ver.) represent one True Bar/Candle.

From Trough to Peak (Yellow to Red dot) is a true UP bar.

From Peak to Trough (Red to Yellow dot) is a true DOWN bar.

Never mind what happens in between.

G.

on Water Level:

Water-Level cannot be fixed, as one suggested.

Water-level rises (Range Extend) as Volume increase, and vice-versa.

We need to “see” the Volume/Range relationship in order to predict future move of the range.

G.