GBPJPY Education
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.
Lessons
Lesson #1
GBPJPY
The GBPJPY currency pair combines the British pound sterling (GBP), the official currency of the United Kingdom, with the Japanese yen (JPY), the currency of Japan.
This pair reflects the economic and financial relationship between one of Europe's largest economies and the world's third-largest economy.
Lesson #2
SeaGreen & Green
SeaGreen levels are monthly supports and resistances set at the beginning of each calendar month. The price rarely reaches these levels, but when it does, it usually either changes direction long-term or consolidates at that level. This makes it an ideal level for investors and traders who position their trades over a longer time frame.
Lesson #3
Aqua
Aqua levels, similar to Violet levels, are retrieved every hour, although their characteristics are quite different. Violet levels, for reference, typically hold one level throughout most of the day, then shift to a new level in the evening after the Flow Zone (FZ). In contrast, Aqua levels usually appear near the current price level.
Lesson #4
Lime & 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.
Lesson #5
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.
Lesson #6
DarkOrange
DarkOrange levels are updated every hour, unlike DarkOrange levels, which are updated every 5 minutes. Both the data sources and calculation algorithms are identical. However, the more frequent 5-minute recalculations for DarkOrangelevels have allowed the discovery of unique setups and models, as well as the observation of many anomalies unavailable for trading on Violet levels.