Here is how you will look at charts when you use ProFx 7.
1) What is the primary trend?
To answer this question we look at the H4 chart. If we have a clear trend trades will be only taken in the direction of the primary trend.
Simple because when there is an uptrend the sum of rallies will be larger then the sum of declines. Trading against clear trend is not a smart thing to do.
Todays H4 chart showed us that the price is not ready to rollover and we may see more upside.
2) What is the intermediary trend? Where are support and resistance levels?
This information is collected on the M30 chart. ProFx will basically show you everything you need to know. Today's chart showed us that the price tried to go above 1.3085x three times. The attempt to push the price down failed and the price went back up quickly. ProFx showed a fully confirmed signal.
3) Timing the trade on the M1 or M5 chart.
Only minutes before London opened momentum picked up and we went long half size (half size because when such moves fail the price drops quickly because everybody who went long wants to get out as quickly as possible). The price went up, SL from the first trade was moved to break even (one click on the panel) and a second trade was opened (one click). Price went up more and the SL was moved to break even.
When the momentum slowed down the trade was closed bit by bit. The idea was to keep a small part of the position but at some point I lost patience and closed the rest of the position.
This is an example of the short term logic. It can be also used for swing trading (usually one trade/day). There is no magic behind and everybody can do it with same practice and training. I post my trade ideas usually before the market opens and everybody knows my plan beforehand. Trade calls are provided in real time (users only) and stats are verified by third party services.