Monika Korzec Session Trendlines called MKS trendlines or MKS system

Drawing Trendline

A Session Trendline is not your regular trendline that connects lows and highs, but instead is a time-sensitive trendline that connects price action between two different timeframes. I have discovered that four of them work extremely well. Some of the minor ones are not as good, so those will not be discussed. I checked the behavior of these trendlines using the following currency pairs GBP USD, EUR USD, CHF USD, USD CAD and USD JPY. Based on the fact that they work on the above-mentioned...

Exit Strategies Using Fibonacci Price and Time Projections

How many times have we asked ourselves, How much can I expect from this trade Where can I place a logical profit target without asking too much of the market, or too little An understanding of the geometry of price and time, plus practical Fibonacci and Gann techniques, can help you set profit targets before you enter a trade. These targets have the benefit of being self adaptive they're based on recent market activity and not just an arbitrary number which may have no bearing on what the...