Independence Day 2011 - 140 pips on 5 pairs
FMRL numbers are used to put lines where we expect price direction to meet support, resistance or reverse.
They should be used in combination with price-action and seem to work best with the technical pairs.
An introduction to price-action can he found here (http://www.nysco.co.uk/Candlestick.zip).
FOREX trading is extremely risky and most people lose their money.
A simple trading method using FMRL and a Fisher indicator is offered in the first post.
We hope it will help some novice traders start positively.
FMRL numbers are available by subscription here (https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=EL6M8ARFNNNUA).
The first month is FREE and you can unsubscribe any time here (https://www.paypal.com/cgi-bin/webscr?cmd=_subscr-find&alias=WWV5GDLDB3D6C).
Below are five of today's charts. They are 15m charts. Fisher setting is 32 periods.
EURUSD - 60 pips
GBPUSD - 30 pips
EURJPY - 50 pips
USDJPY
USDCHF
FMRL numbers are used to put lines where we expect price direction to meet support, resistance or reverse.
They should be used in combination with price-action and seem to work best with the technical pairs.
An introduction to price-action can he found here (http://www.nysco.co.uk/Candlestick.zip).
FOREX trading is extremely risky and most people lose their money.
A simple trading method using FMRL and a Fisher indicator is offered in the first post.
We hope it will help some novice traders start positively.
FMRL numbers are available by subscription here (https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=EL6M8ARFNNNUA).
The first month is FREE and you can unsubscribe any time here (https://www.paypal.com/cgi-bin/webscr?cmd=_subscr-find&alias=WWV5GDLDB3D6C).
Below are five of today's charts. They are 15m charts. Fisher setting is 32 periods.
EURUSD - 60 pips
GBPUSD - 30 pips
EURJPY - 50 pips
USDJPY
USDCHF