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Fibonacci ARCS
Started Jun 16, 2008|Trading Discussion|1 replyDoes anyone use this tool in their trading? 15min USD/JPY
Please enlighten us on the meaning of the 1 pip difference. ![]()
The weekly pivot would be a good spot for support. I think someone said it was at 107.63 or nearby.
HOURLY USD/JPY — Looks like it's downtown for now.
Hey Dove, I recall you saying in an old post that you place great emphasis on a moving average or some type of indicator which you have on your charts which lets you know which direction price is headed or something of the sort. Would you mind ...
LOL.....ok funny man, why was the trade made? That's what I was getting at. Buit you knew that, didn't you?
It's all good though. May the pips be with you.
I would like to know what caused this move. Anyone know?
Does anyone use this tool in their trading? 15min USD/JPY
I appreciate the response Firstboss, but I already know how to draw the fibs. Dove mentioned that they can be drawn automatically. I took that to mean that it was done in a similar manner to how the pivots are calculated with the click of a button.