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Vladimir Ribakov's Forex Libra Code trading course free download. In using my relationship-based charts I realized that the problem of thinking price had reached a local top or bottom when it had not actually done so when using my stair-step-like trailing support and resistance envelopes could be pretty much eliminated by considering price action in light of trend direction. This was terrific news for me, since the “stairs” (support and resistance levels) can be used to great advantage (recognizing when price is rejoining the trend after experiencing a pullback), and I could also go back to using my (white) bullish/bearish-bias-line, which I find to be a more accurate gauge of trend than anything else I know. Accordingly, I’ve set my relationship-based charts aside and gone back to using my proprietary envelopes. I monitor the pairs using five-minute charts and switch to a one-minute chart when appropriate to enter trades at the precise level offering the greatest odds of realizing success. (With this strategy no lower panel is needed.)
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