The "rules" are made clear in all of the training materials you get when you first start out with Logical Forex. You’ll find detailed explanations of each of the indicators, how they work, how to interpret them, and how to use them for forex scalping and trading.
Although there are other "pieces to pay attention to", the simplest way to tell you what you do with Logical Forex is…
1. Verify that the market is active and liquidy is good – with the Logical Forex Activty Lines and your Broker Quote Panel. [You only want to trade when the market is active.]
2. See the logical Frice Flow of the Market – with the Logical Forex Flow Lines. [You only want to trade when the price is really flowing in a particular direction.]
3. Consider taking a trade at Decision Points – with the Logical Forex Magnet Lines – where professional traders are considering trading. [You only want to trade when "big money" is moving the market, and then trade along with them.]
4. Verify that the overall pattern is one that is a good high probability trade – by your practicing with the Logical Forex Pattern Library and with the Logical Forex WatchDog "barking" . [You only want to trade when everything "makes sense" and you are calm... with no predicting, no over-analyzing, and no hesitating.]
There are other parts of Logical Forex that will help you "see more clearly" into each trade, such as the Logical Forex Phase, the Logical Forex Groove, the Logical Forex Bias, and a few other things, but these are there mostly for your "pattern recognition brain" to identify and NOT for you to deeply analyze. The more things you "look at" and "ponder about" – the more you will miss trades or take bad trades.
You NEVER need to "draw lines" or try to determine the trend, or try to figure out the right place to draw any fibonnaci lines, or set any breakout lines, or anythng like that. You simply look at the Logical Forex Charts for a good identifiable price flow, and potentially take action when price is interacting at Logical Forex Magnet Lines – effectively "Decision Points" – where "the big money traders" are determining how they will trade… and we then just follow in their footsteps. It requires no thinking on your part… just pattern recognition and some concentraion.
You’ll learn how to do all of this in the initial training materials with Logical Forex, such as the Quick Start Videos, the Forex Trading Pattern Library, the Process Map… and the other materials… and if you truly want to a consistently profitable forex scalper, then you can get even more tips and trick in the Logical Forex Premium Videos… and gain another level of expert skill by joining our mentoring program.
The main thing is… Logical Forex is FUN. Keep it that way by leveraging on our experience and what we show you.