Discover how to achieve accurate pullback entries using the FVG Positioning Average by LuxAlgo! 🚀 This video guides you through setting up the indicator on TradingView, using GBP-JPY on a 30-minute timeframe as an example.
📉 What is FVG?:
A Fair Value Gap (FVG) marks significant buying or selling shifts. The FVG Positioning Average averages these initiation points to create trend ribbons—teal for bullish trends and red for bearish trends.
🔍 How to Use It:
Trend Identification: Teal ribbon above = bullish; Red ribbon below = bearish.
Spot Pullbacks: Look for short-term opposing trend clouds.
Confirm Entries: Combine with a 200-period EMA for long-term trends.
For a deeper edge, add tools like Market Dynamics Pro to refine your entries and increase win rates. 📈
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DISCLAIMER
The information presented in this video is for educational and entertainment purposes only and is not financial advice. I am not a financial advisor. Forex and crypto trading is highly speculative and risky. It is only suitable for those people who understand, and are willing to take on, the financial and other risks involved, and who have the resources to withstand losses that may be significantly greater than any deposits you have made.
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The FVG Indicator For INSANELY Accurate Pullback Entries
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