Psylon_Blade

Traffic Light Indicator

FX:EURUSD   Euro / U.S. Dollar
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4
This gives you a gestalt grasp of the overall supply and demand levels over the past month. As of right now, the bearish channel cuts deep into the demand zone , but depending on news, the bullish channel may turn out to prevail and hence there I label 2 points, depending on whether greek defaults (HAPPY FACE) or is mercifully saved.

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Never heard of this traffic light indicator. I'm interested in supply/demand trading. Could you tell me more, please?
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