This might be the congestion day...
This might not be...
The MT Open Range Signals Indicator will show the breakout direction - the range grid will show the range expansion - this might not be the final trade. Might be a loser...might be a winner...
i won't be in attention to plot them all. But is possible to watch them with the indicators...
The Range Grid codes the days as:
White - Non Starter 50% of the range
Blue Day > 75%
Golden Day > 100%
and if you like too shades of that above 125, 150, 200 etc.
This Weeks Range Cycles were
Monday Golden > 100%
Tuesday Blue > 75%
Wednesday Ultra Golden > 150%
Thursday Ultra Golden > 150%
Friday - Currently a Grey day > 50%
The best signals this week were all short
The system is currently short
3 potential things from here
bounce and breakout long
Breakout short... continues
These indicators are available in Charts > Indicators > Market Place Add-ons > MicroTrends
more details of the indicators can be found here: http://www.indicatorfactory.com/tradingv...