How to make money with BANKING LEVEL

These are strong levels, from which many large players enter the international currency exchange. This is the price range that central banks want. This information is not freely available, but it can be found using the technical forecasting method.

It can be described as follows: Banks buy / sell currency on the international currency exchange not for the purpose of speculation, but in order to maintain a balance of real demand and supply of currency

It works like this: central banks are conducting billions of dollars in interventions that can significantly disrupt the balance of power between bears and bulls on the Forex chart. The prices at which the transactions are carried out correspond to the closing prices of the last session.

Accordingly, it is important to navigate to 0.00 London time. To do this, take the last candlestick that closed at the end of the session and look at the level at which it closed. This will be the desired value from which you can work. When the price approaches this level, decisions should be made, since the mark is really very important.

The rule for building bank levels:
1. In the terminal, enable the function of displaying period separators
2. The terminal time must be in London, if your broker has a terminal time and the period separators are different, then you need to find a candle on the HOUR TIME FRAME corresponding to 00:00 London time
3. Draw the CANDLE CLOSING LEVEL along the body of the candle
4. This level will work as an entry point or a point for taking profit, but not on the day it appeared, but only on the next
5. After working out this level, we will delete it so that it does not interfere. We do not make more than 1 entry point at such levels


Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻