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- Fibonacci Extension Tutorial
Hi, In the attached PDF you'll find the Fibonacci method I use since years. In my opinion this is ...
YES! Just 5 pips above the target level Went long at 1.2153 = booked 77 pips net. Did you had a trade in the swissie?
@ caventou Regarding stops: Most of the time I place my SL near the last low in a long trade or near the last high in a short trade. Entries: Well The MACD was just an example to show that you don’t need much for a trade, you may add further ...
Update on the 04-02 USDCHF Chart — I attached a word document which shows what happened with the USDCHF chart of yesterday. Perfect bounce of the 127.2% extension. But we are still waiting that it reaches the 161.8%
entry indicators — The MACD on the chart should just give an idea how to set up a (little) trading system. Of course basing trading descisions only on MACD is a bit dangerous. I'm not a big fan of all these common indicators, I base my trading ...
Some actual Screenshots — The Fibonacci Method on two current charts. 1) The Fibonacci Extension method and a MACD on todays 60 Minute chart. 2) The Method live in action on USDCHF.
Hi, In the attached PDF you'll find the Fibonacci method I use since years. In my opinion this is ...