What the best filter for float indicator ??? - page 3
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A few key levels to make note of I find more important than the float:
218.40
220.20
221.85
Midway through the US session we have building chances for 223.25 to act as a floor. At some point after the pair is bought if it returns to this level, the float will do its thing and gradually tell us we're coming up on that level.
If the level breaks down the float indication that the cycle is complete will be 100% wrong. Its a 50/50 chance. The tool is only for letting you know what you should bring yourself to already to be able to see ... key levels where price once stopped and reversed.
Edited: Meant 219.25 not 223.25.