With the Emolines, we can see very clearly that Seasons are hot, Emolines are Bullish, therefore, it's obvious that we need to look out for Bullish buy signals. When Emolines eventually flip down, you then start to look out for short signals.
With the help of Emolines, now we have established our entries, but how can we know whether the market has reached exhaustion? Knowing very well that market cannot just run one way without resting.
Throw in the PAPLines! Traders can use this lines to take profit, at the same time, you can use it to reverse your trades.
In spot FX, you count as pip, in Futures, we count as tic. So from the first Summer Signal [Hammer], we bought at 1.0735 and our first target profit area which is PAPLine-R1 @ 1.0754. In this case, we gain 19 tics. [per tic for 6E = USD12.50]
What else can you see at PAPLine-R2? Can you remember? Does it look familiar?
When price reached Resistance level, a chart pattern is likely to form.
Have a simple trading plan so that you can execute your trades without too much analysis.