dee718

EURUSD 01 JAN 2023

Long
FX:EURUSD   Euro / Dollaro
Happy New Year.

Some retracement target areas should priice pull back.

Using RSI to confirm price is stretched to its maximum. Positive Divergence always a bonus.

Use the session divider (Verticle line) to identify low pressure areas. Price s ALWAYS drawn towards low pressure areas. No exception. I do not have to prove this to you. All you need to do is look at the chart to see it.. I did not make this up.

Low pressure (low volume)
High pressure (high volume)

Forex and sometimes futures gives us a very consistent read on volume. EVERY DAY there is a lowest volume of the day point.... it is identified directly n the center of the session divider line. Once you can see this you can exploit it for profit.

There are other principles. I will review these one at a time.

Post questions and intelligent critiques below.

Linear Reg set to 100
RSI set to 7
14 and 50 EMA (current time frame)
14 EMA (orange) Daily time frame
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