Scans and Charlie-Delta pitchforks nail NFP...
A is a traditional Charlie-Delta fork, drawn off a harmonic scan.
B is another traditional Charlie-Delta fork, drawn off a harmonic scan.
C is where price starts to drop due to NFP. This is an energy point between the 4.0 warning line from fork A and the 0.5 fibonel from fork B.
With the 2% into a 10 pip stop loss we are able to achieve using this new trading paradigm, an exit at D (the lower parallel of fork B) gives us 50 pips, which equates to a 10% ROI.
The current price is 80 pips lower, which equates to a 16% ROI.
B is another traditional Charlie-Delta fork, drawn off a harmonic scan.
C is where price starts to drop due to NFP. This is an energy point between the 4.0 warning line from fork A and the 0.5 fibonel from fork B.
With the 2% into a 10 pip stop loss we are able to achieve using this new trading paradigm, an exit at D (the lower parallel of fork B) gives us 50 pips, which equates to a 10% ROI.
The current price is 80 pips lower, which equates to a 16% ROI.
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