Trading Consultants Inc presents The “Fan” Process
Our most profitable efforts are when a pair is in a clear range. Currently we believe EURUSD is trading between 1.07 and 1.14 or a range of 7 cents of 700 pips. As this a very narrow range for whales there are currents that are caused by smaller entities. So scalping in lower time frames can be done as illustrated by the chart below. Trading Consultants Inc clients learn this process as an explanation of drawdown and why we at times do not have stop loss for shorter term trades. #Askwhy? and #askHow?