CONDENSE 30 MIN CHART TILL IS SHOWS A FULL YEAR ALL ON ONE SCREEN-
NOTE: many charts are designed to not show length of time equally across the chart when not condensed. This is done to try throw you off. Only by condensing it will the pattern be at all accurate. Just remember- your looking at a lot of time all at once- THIS METHOD PREDICTS WEEKLY MOVEMENT. NOT HOURLY MOVEMENT. It’s pretty reliable for daily movement -but only on TEST accounts. It can be used to tell if it’s in an upward or downward swing in the big picture. I use it to know which contracts can safely be held longer than a few minutes. Generally I load up on several sets of contracts in the markets base direction. I leave those in place and on a different currency pair- trade the short swing in the other direction. High volume held only long enough to triple the commission cost (if possible. If you can’t at least double it- there’s not enough movement to be trading)
REMEMBER- ITS ALL SIMULATED. THE MARKET MOVEMENT IS A COMPUTER PROGRAM DESIGNED TO MIMIC THE ACTUAL MARKET- EXCEPT ITS PROGRAMMED TO BUILD YOUR CONFIDENCE AS A TRADER. IT WANTS YOU TO FEEL SUCCESSFUL. ITS DESIGNED TO LET YOU WIN- all you got to do is pay close attention to its patterns. That’s all I do- and I can turn a 50k TEST account into 2 million in 2 days (on PFG which has since been shut down)
I HAVE NEVER TRIED THIS ON A REAL ACCOUNT- CONSIDERING NONE BUT KNIGHT HOTSPOT FX ARE EVEN REAL. On a real online game account like GAIN CAPITAL or FXCM you will loose because the program is designed to make the charts movements go against whatever you do. It’s programmed to blow your margin so you loose your real money. FXCM admitted this fact to me over the phone.
NOTE- CONDENSED TILL IT SHOWS 1205 PERIODS