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A legal crossover (LC) is a visual
confirmation that you must observe to determine if a future
profit strike or entry will be valid. These LCs occur every day
in different currency combinations, and you should mark those
LCs that can be trusted on charts immediately for future
reference. Legal crossovers can be trusted in the market, and
illegal crossovers cannot be trusted. Often, illegal crossovers
are interpreted by many traders who use traditional signals such
as pivots as an entry, frequently causing losses. Legal
crossovers Developing the Profit Targets or Entry Points of a
Trading Range for the S90/Crossover 31 usually are not
associated with a traditional signal, and if they do appear at
approximately the same level, then it is most likely a
coincidence.
Many traders never understand the methodology of the
S90/Crossover and therefore, without the help of proper data
feed and software that identify ongoing fresh S90/Crossovers,
the methodology may be useless. Two companies, Concorde Forex
Group, Inc. (CFG) and Forex Producers Group, LLC (FP), now offer
software for traders to view the S90/Crossovers that have the
most significance for identifying in advance the most probable
trading ranges on most currency combinations.
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When historical S90/Crossovers are bunched
together as clusters, they become very powerful target
confirmations as well as exit points in the market. These
historical S90/Crossovers are also possible reversal entry
points.
The simplest application is to consider the
S90/Crossovers on the first two levels as
possible targets to trade toward or for reversal entries once
the levels have been reached.
The key is to have multiple time compression
or trend wall clashes for possible market reversals as
confirmations before entering the market.
Trend walls that have a clashing point with an S90/Crossover
that happens to be relatively close to or exactly lines up with
a horizontal extreme level will usually have other indicators
also implying a reversal in the market.
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