Utilization of the "8CP Visualization Indicators" (Part 4)
"8CP Visualization Indicator" usage (Part 4)
Last night’sNew York market chart.
Upper half is theUSDCAD 5-minute chart, lower half is the “8 Visualization IndicatorNew York edition.
As expected,New York market where the indicator graphs have widened.
The graph of the “8CP Visualization Indicator” (: green thick line) has broken through the cluster of charts and started to fall, so we entered a sell. The exit was at the point where the graph became horizontal and started to rise. The upper half is’s5-minute candlestick chart, which clearly shows that the downward move was captured cleanly.
Indeed, it is important to be able to earn profit in a “clean” and “efficient” manner.
Profit range was about25 PIPS, somewhat on the lower side, but since it was cleanly earned, it’s acceptable.