Indicator Forex eye 10, is a popular tool among traders forecast. This indicator allows bidders to see the possible pivot point, thus allowing to anticipate possible developments and to carry out the opening or closing of the transaction. After all, the knowledge of that time, ie, turn, can ever make an independent trader and affluent.
To a trader started with forex "Eye", you must select the indicator, drag it with the mouse in the desired currency pair (on the chart). What´s Next?
The graph contains a fairly large yellow markers. Are they look like lines. With their help it is possible to determine the minimum and maximum of the schedule, as is well known, it is in these places the probability of a reversal of the trend in the opposite direction is the highest.
The local maximum in the indicator chart takes the form of a point, its color - blue (like watching maybe at the top of the candle).
The local minimum on the graph of the indicator has the shape of a point, its color - yellow (also look at the top of the candle).
Use the indicator should be so as soon as we see the appearance of the maximum (yellow dot, which has a small blue dot inside), this is the main signal to sell the currency, but ... You should definitely wait for the moment when the will form another candle completely (bottom, it is the mark of a red dot).
If the minimum is formed (yellow marker having a red dot inside), it´s the main signal for the purchase of currency. However, also in this case it should wait for the so-called "bull" candle, it has a blue dot below.
Regarding the definition of the trend ... Here everything happens by working with the lines of support and resistance. Blue line - the line of support, lupus - resistance line. The graph of the indicator may also provide for strength of the trend numbers, i.e., whether it would be the actual movement in a certain direction. Experienced traders recommend to make the trade at the time, when the schedule has the most fluctuations. It should take into account that trade should be through the direction of the trend. Where it is moving, and to take those actions. Only in this way it is possible to avoid all risks.