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Greg

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Posts: 337

Joined: 3/22/2006
Location: Mishawaka, IN 46544

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Subject : RE: Plotting Guppy CBL
Posted : 12/17/2019 6:24 PM
Post #30686 - In reply to #30681

Mark, Thank you for the GCBL system. From a step back and squint perspective (a Jim Dean technical analysis evaluation recommendation :>) ) the GCBL appears to be a very reliable indicator for the Forex on the short TF. Thanks for blazing the trail. And as strange as it may seem the OBV-C plays a very nice supportive role with the GCBL even though Forex does not technically have a volume to measure as stated below. Not quite sure what it is seeing to provide the signals

"The Forex market is a decentralized market, which means that there is no formula for volume or method of keeping track of the number of contract and contract sizes, such as in the stock market. The Forex market measures volume by counting the tick movements."



[Edited by Greg on 12/17/2019 6:38 PM]

Deleting message 30686 : RE: Plotting Guppy CBL


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