Below, you will find interesting information about selected DML levels, how they work, and suggested models for playing them in different time frames. Pay attention to recurring statistical patterns or focus on large movements resulting from emerging anomalies. See how DML levels can enhance the effectiveness of your trading strategies.
CADJPY
The CADJPY currency pair brings together the Canadian dollar and the Japanese yen. The Canadian dollar, often classified as a commodity currency, is heavily influenced by the oil market, as Canada is one of the largest producers of oil. On the other hand, the Japanese yen is known for its low volatility and is commonly regarded as a safe-haven currency.
Flow Zone Levels
Flow Zone (FZ) levels are liquidity flow-based indicators that serve as key support and resistance levels in the currency market. They are calculated using advanced algorithms that analyze high-value transactions and market dynamics. Due to their precision, FZ levels can be used by traders to identify critical moments in the market where price direction changes are likely to occur.
Lime and Yellow
Lime and Yellow levels are important levels associated with Futures contracts. These levels indicate key points where significant transactions have occurred, regardless of the current price level.
As the names suggest, these levels are tied to futures contracts and do not necessarily reflect the current market price.
JUMP Levels
JUMP levels are a unique group of DML levels, named after the dynamic "jumps" in price, after which a signal appears indicating an opportunity to take a position. These levels are characterized by sharp breakouts of several dozen pips up or down, which often signal a change in sentiment among large market participants, such as liquidity providers.