hi guys, bit of a newbie here but have been playing around with fibs the last few days and trying to add it into my strategy...
just wondering what points you guys use as your start and stop for them and off what time chart. im trying to trade off the 1H at the moment on the GBP/USD and have fibs set at 17044 for the highest early august and the recent low of 16114? should i have a more recent high? or could i combine both to get a more thorough support or resistance zone?
cheers
just wondering what points you guys use as your start and stop for them and off what time chart. im trying to trade off the 1H at the moment on the GBP/USD and have fibs set at 17044 for the highest early august and the recent low of 16114? should i have a more recent high? or could i combine both to get a more thorough support or resistance zone?
cheers