Utilization of the "Visualization Indicator" (Part 11)

Utilization of the "Visualization Indicator" (part11)

9月28日、29日の「8CPLondon版でGBPUSDを追ってみました。

The upper half showsGBPUSD on a5London版で表示したものです。期間は2021年9月28日（水）、9月2929日木)です。

In the "Visualization Indicator," the graph drawn with a yellow bold line corresponds to GBPUSD.GBPUSD

Compared with other graphs,GBPUSDextends the lowest among them.8graphs drop below a threshold, at which point we enter short trades.

The red downward-pointing arrows2 locations are the selling entry points. When the graph of the "Visualization Indicator" reverses, we close the positions. (green arrows)

On Wednesday, we achieved about170PIPS of profit, and on Thursday about80PIPS of profit.

The basic procedure of the "8CP Visualization Indicator is

(1)Wait for convergence 

(2)Enter a currency pair that breaks away from the chart cluster 

(3)Enter in the direction of the breakout

That’s all.