Sideways movement
Markets move sideways just as much as they trend, and it is sideways movement where pivots become even more significant.
If the market is simply drifting sideways, and Hawkeye will automatically tell you this with its Trend+Stops Indicator by painting the trend white, then Pivots will often signal the start of a new up or down trend.
There are periods when the Forex market is not trending either higher or lower, but is simply moving sideways in a congestion or a consolidation phase. This is where the price action is restricted to a narrow range on the charts. During these periods, the extremes of this price action are marked by the Pivot indicator with a bright yellow dot, which clearly defines areas of potential support and resistance. Once one of these price levels is breached with a break and hold, either above or below these levels, it is clearly signaling a potential breakout from the range. This gives traders a great opportunity to enter the market on a low risk breakout as a new trend develops. This reveals the true power of the Pivot indicator.
See video below…
Pivot your way into profits!
Hawkeye WideBar
Hang on with WideBar…there’s trouble ahead
Sometimes the market moves very quickly in one direction. A market can suddenly strengthen or weaken which causes havoc for many traders. When this happens the bars that are created on the charts are called “wide bars,” and appear as a bar with a wide price spread on the timeframe you are trading.
WideBar tells you when the market price exceeded a certain range twice average true range over a 20 bar period.
Most traders jump into the market upon seeing a wide bar, thinking that it’s a breakout and are frightened that they are losing out on a great trading opportunity. Many times the market pulls back, stopping out these traders who got into the market too soon. This happens in all markets and in all timeframes and is one of the biggest enemies of all traders who jump into the market too early, as the fear of missing out triggers an emotional trade.
WideBar indicates extreme price volatility in the market, giving a clear signal to us as traders to sit on the sidelines and stay away from the market for the time being. Indeed, it is important to realize that the WideBar Indicator is not a trading signal to enter the market, but the opposite, and is in fact a warning signal to stay OUT, and wait for the market to either close above the high of the wide bar (in an uptrend) or for it to consolidate within the range of the wide bar and then commence a trend.
From a trading perspective, it is important to note that following a wide bar, market price action almost always returns to trade within the range of the bar in the short term. This is where most traders get trapped. We simply wait, and then trade once the market has settled and re-enter with the other Hawkeye Indicators, safely and with confidence.
Watch how it works!
FOREXPROS SYSTEM 97% ACCURACY
Have you been looking for that Holy Grail? Just hoping something so simple, yet so effective exists somewhere out there. A trading system with rock solid proof, easy to use, and profitable right out of the box??
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Six months testing in different time frames with various strategies
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The advantages of forexpros system compared to others
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Extreme user-friendliness (easy to understand graphics, all possible signals/notifications).
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It’s not adjusted to monitor exclusively one particular currency pair. Our algorithm successfully operates on any currency pair.
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Effectively manages market volatility at the time of economic news.
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Can be equally utilized by both, professionals as well as complete novices – doesn’t require any special knowledge or skills.
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Provides for an “explosive” deposit growth once you follow all the rules of the trade.
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User’s Guide with entry and exit points, SL and TP recommendations
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Free strategy, no extra costs or commercial upgrades
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Strategy Set-Up for any instrument
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Simple rules that are easy to follow
Clear and accurate graphics
BUY/SELL Arrows Show you EXACTLY WHERE and WHEN you can Enter the Forex Market (No Guessing)!
Visually Simple, CRYSTAL CLEAR, Color-Coded Up/Down Trend and Directional Indicators, along with Support/Resistance Levels indicator!
Can be used to Scalp, Day trade or Swing Trade ANY Forex Pair, and can Enter the Trade with ‘Sniper’ like Accuracy!
What customers are saying about Forex pro’s system™
1) I just wanted to let you know that I’ve been using your Forexpros System with my trading strategy and am very pleased.
– Akimotu- Japan
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Delivery to your PayPal email address within 24 Hours of payment confirmation.
Completing units:
Hawkeye Pivots
Hawkeye widebar
(BONUS INSIDE!)FOREXPROS SYSTEM 97% ACCURACY
Market Sales Price: $199,but we sell lot more lower than that to share the opportunity with you!
Serving Professional Traders Since 2008
Once purchased I will email you the files within 20 minutes and not more than 48 hours to your email, if there a delay, please be patience receiving your files