It was a fast moving forex market today. Such momentum will break forex reversal pivots, but give you great opportunities to use them as entry points. Fibonacci forex extensions were simply awesome, giving us a range of 161.8% to 261.8%. Happy Thanksgiving everyone! FOREX, forex, forex: Isn’t…
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25 Responses to 'FOREX Trading | FOREX Training – November 22, 2006'
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what’s an M4?
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Hi To create Fib. Ext. you take high/low of previous day, but what time zone? EST, GMT ? or maybe you do it rather roughly?
oh wait, oanda does give us extensions! YAY! but it doesn’t give us pivot points, I guess u can calculate those manually though
Its cool eh? The Fib retracement/extension tool is part of my customized GFT platform.
thanks! But how do you add fibonacci extensions? Would it work if you just moved the retracement lines up to above the high?
Well said. Bravo!
I’m glad you found a broker you trust and can trade pofitably with. Your platform and FCM exectution is an important part of your success.
I use a customized version of the GFT DealBook 360.
good for u
The platform used not important! What is important … is that you make consistent, repeatable trades.
oh wait… OANDA does give me fibonacci! nvm! OANDA is the best! GFT sucks! j/k but OANDA really is the best
oh thanks!
GFT platform
what program are you using? OANDA doesn’t give me pivot points or fibonacci retracement lines