Disliked{quote} http://www.forexfactory.com/showthre...67#post7245167 see this chart DAX opened with a GAP @ rollover and made a new HH. After new HH we see min. a correction of 200% or 400% percent. Take your Fibo tool 0% = 9454 GAP open 100% = 9534 the new HH 9454-9534 = 80 Pips 9454 - 80 Pips = 9374 (we are here atm.) 200% and so on 400% is ??????Ignored
ahh, now I understand.. I don't have any gaps on my chart, thats's why I didn't make any sense.. but thanks for your explanation though..
Patience is a virtue...