Tom Strignano’s Forward Forex Indicators
When Forex traders think of indicators, they normally think of things like MACD, RSI and Moving Averages. There are a whole lot more that come standard with your trading platform, and are what I call “public” indicators… they are available to everyone. But there is one major problem with these indicators… they are lagging indicators.
What is a lagging indicator?
A lagging indicator is something that tells you where price has been. It “lags” behind price. Frankly, using a lagging indicator is like trying to drive your car by looking in the rear view mirror.
Tom, on the other hand uses what he calls FORWARD Indicators to make important trading decisions. A Forward Indicator is a level or calculation that tells you where price is most likely to go. These are important decision making levels that can greatly improve your trading.
When you put these levels on your trading chart, it is like having a map. When you need to make a trading decisions, these levels show you exactly where you are on the map, and give you a clue as to where price will go. And once you start using this indicator map, you’ll wonder how you ever made informed trading decisions without these levels!
Let’s look at the Forward Indicator you get when you join Strignano’s Forex Signals…
***Trend Reactionary Numbers***
These are levels calculated by a proprietary formula Tom created when he was a bank trader. He does not give out this formula to anyone… because they are just way too powerful. In my opinion, they Trend Reactionary Numbers are worth the price of admission all by themselves. (They were previously only revealed to his Inner Circle that paid $10,000 each to attend a sold out Forex seminar).
The TRN’s are VERY important price levels where price is drawn to. It is uncanny how Tom can determine these powerful levels weeks or months in advance and how accurate they are. They are like a magnet for price. This is a strong level for you to look for price to bounce off of. And if price breaks through… look for it to go to the next TRN. Can you imagine how powerful this information is when making trading decisions?
Daily Range
This is another one of Tom’s proprietary calculations to determine important price levels. While not as powerful as Trend Reactionary Numbers, look for price to react to these price levels. Plus, know if price is inside the Daily Range or breaking out of it is important information to have.
Pivot Points
Pivot points are nothing new to trading. But of course Tom calculates his Daily Pivot, Daily Support and Daily Resistance Levels a little different. Again, he uses his over 20 years of experience to come up with calculations that are just better than what almost everyone else is using.
Like I stated before, this Forward Indicators create a map on your trading chart. I’m sure you’ve heard of NOT buying into resistance or selling into support before. Well, these are the levels that you are going to have that no one else does that keeps you from doing just that! But that’s not all you get…
Trend Channel Indicator
The Trend Channel Indicator places two channels on your chart… one for the H4 time frame and one for the H1 time frame. This allows you to see the long term channel and short term channel… or the channel within the channel. Combined with the Horizontal support and resistance areas (pivot points, daily range and Trend Reactionary Numbers), you get a 3D map on your charts. This indicator makes it very easy to see in which direction you should be trading and which signals you should take!
Important Levels Related To The Signals…
Market Exhaustion
When you get a trading signal, you also get a market exhaustion calculation. This is a level where price might lose momentum and stall. So, if the signal is near a market exhaustion point, you might want to wait to see what happens at this level before entering the trade. If you take take a trade, you want to be aware of this level to watch what price does. If you see price beginning to stall, it might be a good time to scale out of the trade… or close the trade completely.
6 Price Targets
You also get 6 price targets with each signal. These levels are used to monitor price momentum. The first two levels are the most important… you want to see these levels reached quickly. The use the other levels to gauge the momentum of the move. These are very important levels to know so you can make important trading decision.
As you can see, Tom Strignano’s “Indicators” are different than what you might be used to. They are not squiggly lines or colorful arrows… but important price levels based on over 20 years experience as a bank trader and proprietary formulas. These levels are what gives you an edge when making important trading decisions and are the core of all the Strignano trading methods.
If you are ready to strip all those lagging indicators off your chart (that let’s be honest, aren’t working that well or else you wouldn’t be here), and start using Tom Strignano’s FORWARD Indicators to make your trading decisions…
