exactly what time frame do trade on?is it 1h,4h or daily.i found your analysis really interesting particularly the GBPUSD.ThanksOriginally Posted by ;
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exactly what time frame do trade on?is it 1h,4h or daily.i found your analysis really interesting particularly the GBPUSD.ThanksOriginally Posted by ;
Yea man thanks alot...I use the 1 hour time period constantly...Originally Posted by ;
USD/JPY trades at 99.52 with Resistance at 99.65 and encourage at 99.29Originally Posted by ;
What do the graphs you use display in a 5 minute perspective ?
Thanks...
Is there a connection were you describe were you setup your fibos and what moving? Thanks
I cant offer you a perpective on a 5 minute chart as you have to a lot of support and resistances and they are not respected as much. . .but I will give you my perspective . . .give me two minutes...Originally Posted by ;
Alright I got it set up. . .next post I will explaing what I watch...Originally Posted by ;
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Yousee what we're looking at is at massive indicion from the market....and that the fibbs show you why....if you take a quick look at why cost wont go up its because the current market is finding important resistance from the reddish fibbs. . .and to me that they are powerfull. . .also if you have a look at my intraday fibb....Green one its findmajor resistance from the 61.8 but we're finding assistance from gloomy fibb....lastly we're over the riverbullish sentiment but market remains withing reddish fibb...I would still not take a trade long ...I would just exchange another currency which looks good to exchange...
When it hiits 99.65, I will short 1 spot and see whether it lasts up. The trend is down as long as it remains under 100.50 and this carry trade pair goes with the Dow down or up.Originally Posted by ;
I'm using BB, EMA, SAR, RSI and MACD with CCI additional...
Any suggestions on any quantity indiors or are there ? I'm a FX dealer that is basic and my TA skills are improving.
FX market silent today