Anyone try the 62 ema 1 hr touch trade at the 61.8% fib levle ?? On the GBP/USD
I had asked EO one time how close to the 62 EMA would he take this trade and he said as far as 10 pips away. I think being a nice retracement level helps. it is above the 61.8% a bit but everything is a area.
That fib is off the weeklly high and low I have that zone marked on my hrly chart for refrence
I had asked EO one time how close to the 62 EMA would he take this trade and he said as far as 10 pips away. I think being a nice retracement level helps. it is above the 61.8% a bit but everything is a area.
That fib is off the weeklly high and low I have that zone marked on my hrly chart for refrence
Good Trading To All ; Ken Lee