ICFX

Cyclic Nature of 23 HR charts. How to forecast volatility.

Utbildning
FOREXCOM:EURUSD   Euro / USA-dollar
I bet nobody of you looked at 23 hour chart of EUR or GBP.
But this is the chart that will reveal some secrets to you as a trader. Take a better look at it.
I have no logical explanation to this but its robotic nature is effective in forecasting impulsive price moves.

You can use RSI with 23 hours chart. I find it esp useful as it is using closing prices, which are clearly cyclical on 23 hrs chart.

FOR EDUCATIONAL PURPOSES ONLY!

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