http://www.100pipsaday.com My objective in sharing this info is to improves other's capabilities using the MM4X Price Action Software to identify pairs that are Oscillating. Help with info so when the momentum arrive HE/SHE will demonstrate their ability to extract PIPS from the FOREX market. Many time in purpose, I'll be repeating myself in my posts with an objective to emphasis on critical elements to observe. When everyone this year complained about a "DRY MARKET" condition GREEN and RED dry paint.. the brokers told you that "many are on vacation". Well I don't know. I made a substantial amount of PIPS and so you will, as long as you follow the below rules and paper trade until such time that if "I WAKE YOU UP" in the middle of the night and "TELL" you a pair is Oscillating. HE/SHE will be able to start applying the process and see if the candidate pair qualifies for a trade. You must paper trade for at least a month or two. The stop loss with this type of trade is tight. Since the "channel will break" as you enter a trade. To prevent this condition you must follow religiously this approach and enter upon F.A.S only. While you paper trade this approach you will see for yourself the magnitude of this approach. This is not a reinvent the wheel process, this is a mine of GOLD. Please paper trade, paper trade, paper trade. Don't give us so you can progress with your trading. If you miss a cycle going up you will count the arrow/triangles on the main Oscillator and let say you go LONG. You will wait for the currency to cycle down, flatten form a F.A.S then you will navigate to the left of the main Oscillator and assign the trigger light/chart which will guide you into the trade. Keep it simple pleaseeeee. Regardless of the results you must understand and observe the process. When you ride the cycles of the Oscillation, please be cognizant that the currency pair will come out eventually from the Oscillations due to a breakout and will start build/establish a Trend. When we lay out a plan of a price associated with a currency pair, what we basically doing are defining if you will, the space on the chart between a price of support and resistance levels. The price of the currency pair will stay within the Support and Resistance levels until a breakout occurs. Range traders will buy the currency pair when its price is near the bottom of the trading channel and sell it when the price gets close to the top of the trading channel, making a profit on the price spread. Trading channels may be flat, ascending or descending 0:00
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