The ISM report was much better than the consensus today... this gave the USD strength. However, as the EUR/USD fell, Fibs, Pivots and Moving Averages all came together on multiple time frames. So although the ISM was unexpected, the market behaved as a trader would expect. LIVE FOREX TRAINING | EVERYDAY! HTTP://WWW.FXBOOTCAMP.COM
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Scottsignal 4 years ago
hi, i am still learning and i must say your vids have being very helpful. i tried to follow by using my own charts but it seems i could never get your points the way you did. for eg, the 50% fib pull back on my chart was 1.3198 instead of 96, so y didnt it work? if i set an alert at 98, wont i hv missed it?
spicymonkey 4 years ago
in my experience, some timeframes are better for certain pairs than others. i.e. USDJPY tends to work better with hourly and 3-hour than 15-minute charts
plowcow2 4 years ago
it's great, thanks a lot, Wayne!
onokira 4 years ago