Ah $hit; Another channel between 1.3620 & 1.3560.
Just MHO.
Wait till Monday the 12th before risking Med Term Funds.
Just MHO.
Wait till Monday the 12th before risking Med Term Funds.
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DislikedIs the fib drawn with 0 level at low and 100 high in move that moves up?Ignored
DislikedAh $hit; Another channel between 1.3620 & 1.3560.
Just MHO.
Wait till Monday the 12th before risking Med Term Funds.Ignored
DislikedOf course YOU can But I'm not sure the general populus have your expertise upon Scalping:Ignored
DislikedNot to make anyone stumble, but the 15m to 1hr EJ chart looks interesting. I had to quit trading it cuz IBFX got me so worked up over the spreads, I said phooey on it.Ignored
DislikedFor example, my fib as drawn is simply a "Resistance" fib, meaning if price continues on higher than the current high, it will encounter resistance at 114%, 123%, 138%, 150% and so on up to whatever FE's ((Fib Extensions)) you want to use.
Obviously on this fib, as price is dropping, those same Resistance levels on the way up become "Support" on the way down, and I'm very used to making any adjustments on the chart in my head on the fly, I don't even think about it really.
If I'd drawn it the way you suggest, then the...Ignored
DislikedAh $hit; Another channel between 1.3620 & 1.3560.
Just MHO.
Wait till Monday the 12th before risking Med Term Funds.Ignored