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