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- 4xleader_82 replied May 18, 2009
I dont trade eur/$ often but I wouldnt go long unless the current down price channel is broken. image This doesnt mean you can't go long when london opens, but look at the 60min. im thinking it has a way to go down image good luck traders.
- 4xleader_82 replied May 14, 2009
Eur/yen Fib levels fib retrace of down rally is at .618 (strong resistance) it didnt break fib level. 15min frame 200ema- PA is above support/resistance support- large skyblue line on down of chart resistance- previous high and the fib level .618. ...
- 4xleader_82 replied May 14, 2009
Tick Chart_500ema — with marketscope_ you can stretch a tick chart to a time frame of a 5min equal to MT4- I use both fxcm/mt4 for analysis, fxcm for execution. ema 500 on tick. also 500 lmv and mv. I dont trade(enter or exit) with mv ...
- 4xleader_82 replied May 14, 2009
the Power of using FIB — "Forget fibonacci retracements (no comment on expansions), I know this is a personal view, but really most retracement turns have a price reason." I use fibs on all my trades. Whether it is used for exiting a trade or ...
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