Hello,
The FMRL numbers are used to put lines where we expect a price direction to meet support, resistance or reverse.
They should be used in combination with Price Action (http://www.nysco.co.uk/Candlestick.zip) and seem to work best with the technical pairs.
Our levels are rather accurate and are most useful to traders who understand how to use them.
Less experienced traders might find the Using FMRL (http://www.forexfactory.com/showthread.php?t=340330) forum useful.
Our calculations depend on the accuracy of external numbers so exceptions and omissions excepted.
There are FMRL numbers for the following pairs.
EURUSD GBPUSD EURJPY USDJPY
USDCHF USDCAD AUDUSD GBPJPY
NZDUSD EURCHF GBPCHF EURGBP
EURAUD AUDJPY EURCAD GBPCAD
Remember that FOREX trading is extremely risky and that most people lose their money.
New FMRL numbers are issued every month, week and day soon after market open.
They are available by monthly subscription of GBP30 with the FIRST MONTH FREE.
You can get the FMRL numbers by subscribing HERE (https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=EL6M8ARFNNNUA)
You can cancel your subscription at any time HERE (https://www.paypal.com/cgi-bin/webscr?cmd=_subscr-find&alias=WWV5GDLDB3D6C)
Example charts showing possible results of using FMRL are posted in this thread most days.
They are 15m charts which now include 9MA, simple,close and 9MA, simple, close, 3shift.
The Fisher 32 periods is still there. A 10p stop-loss means many losses can be kept small.
Fisher indicators can be found in posts 512, 502 and 488. We show Fisher Trade Indicator.
Our thanks to members who have reported their experience using FMRL and shared their knowledge.
In particular thanks to rayclarke who has contributed scripts to automate putting FMRL into charts.
See posts 503, 546, 652 and 711. His last post, 711, has the current versions of his scripts.
Make sure to rename the download file FMRL.csv and move it into experts/files folder.
In case of doubt look at post 511 for unambiguous instructions.
We hope that our numbers continue to contribute to your trading success.
Andrew
The FMRL numbers are used to put lines where we expect a price direction to meet support, resistance or reverse.
They should be used in combination with Price Action (http://www.nysco.co.uk/Candlestick.zip) and seem to work best with the technical pairs.
Our levels are rather accurate and are most useful to traders who understand how to use them.
Less experienced traders might find the Using FMRL (http://www.forexfactory.com/showthread.php?t=340330) forum useful.
Our calculations depend on the accuracy of external numbers so exceptions and omissions excepted.
There are FMRL numbers for the following pairs.
EURUSD GBPUSD EURJPY USDJPY
USDCHF USDCAD AUDUSD GBPJPY
NZDUSD EURCHF GBPCHF EURGBP
EURAUD AUDJPY EURCAD GBPCAD
Remember that FOREX trading is extremely risky and that most people lose their money.
New FMRL numbers are issued every month, week and day soon after market open.
They are available by monthly subscription of GBP30 with the FIRST MONTH FREE.
You can get the FMRL numbers by subscribing HERE (https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=EL6M8ARFNNNUA)
You can cancel your subscription at any time HERE (https://www.paypal.com/cgi-bin/webscr?cmd=_subscr-find&alias=WWV5GDLDB3D6C)
Example charts showing possible results of using FMRL are posted in this thread most days.
They are 15m charts which now include 9MA, simple,close and 9MA, simple, close, 3shift.
The Fisher 32 periods is still there. A 10p stop-loss means many losses can be kept small.
Fisher indicators can be found in posts 512, 502 and 488. We show Fisher Trade Indicator.
Our thanks to members who have reported their experience using FMRL and shared their knowledge.
In particular thanks to rayclarke who has contributed scripts to automate putting FMRL into charts.
See posts 503, 546, 652 and 711. His last post, 711, has the current versions of his scripts.
Make sure to rename the download file FMRL.csv and move it into experts/files folder.
In case of doubt look at post 511 for unambiguous instructions.
We hope that our numbers continue to contribute to your trading success.
Andrew
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