Hello Traders!
Here in this video I speak on the concept of the Central Banks Dealers Range Aka CBDR.
CBDR is mainly used to help in aiding finding the High of the day or Low of the day.
You can not use the CBDR everyday! Understand that CBDR needs to be a certain amount of pips in order for it to be useful.
CBDR by itself is not enough for you to be...
Here we have the Central Banks Dealers Range.
The central banks are institutions in charge of price.
The central banks' price range occurs from 2pm-8pm
Within that specific time, you find the lowest low and highest high. (I use the bodies and not the wicks)
If the range is less than 40 pips it will give you a better understanding of where the banks will most...