FOREX Training – Timing Your FOREX Trades Pt 3
fxbootcamp asked:
Fibonacci retracements can help you get into a trend. It may be common sense to “buy low and sell high”, however this video shows you exactly how to do it. Examples include 1 min, 15 min and 4 hour candle charts.
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14 Responses to “FOREX Training – Timing Your FOREX Trades Pt 3”
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azyouareazyouare on July 26th, 2009
u must read this. once u have started there is no turning back. a little 10 year old girl was raped and murderded in 1945. her body was not found until 1947. then a boy last week read this and did not copy and paste this message. the dead girl appeared in his? room haunting him and killed him. if you do not copy and paste this onto 10 vidoes in 30 minutes the dead girl will apear in your room tonight and haunt you and kill you. well you better start to copy and paste to be saved
arseneremy on July 27th, 2009
there is no way to predict what level price will bounce. in a strong trend, 38.2 and 50% are the fist 2 expected levels. The more bulls in an uptrend or the more bears in a downtrend will want to enter in a shallow pullback. the key is waiting for confirmation in a lower time frame that a particular level will hold. what i do is expect a fib level to hold if there is a confluence of price action support/resistance and/or ema overlap. remember, fibs are used for timing. price will determine s&r.
rbonilla18 on July 30th, 2009
use fibonacci expansion and it bounce 75% of the time from the 161%
After a break out the range will always be 1 bounce of 61 fibo then back to 23 and back to 76 level and then breaks out
gnlmyers on August 1st, 2009
Wayne is able to simplfy the complex FX market movements so that even I can understand. Thanks for taking time to do this for us.
gretboss on August 5th, 2009
men you are a general from forex
not a sargent ha ha
wa7sh999 on August 8th, 2009
you are the best thank you so much
keris80 on August 8th, 2009
Your videos are excellent, and especially invaluable to a beginning trader such as myself.
Thanks so much.
DDDianaDDD on August 8th, 2009
Great video!
alexandrabarret2 on August 9th, 2009
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iiiichaos on August 11th, 2009
What’s the best way to predict which of the fib levels the price will bounce off of? Momentum?
pirolak47 on August 14th, 2009
Wayne is the man…thanks FXBOOTCAMP
-Mach
fxbootcamp on August 15th, 2009
Fibs are subjective. You can use them during any pull back… whenever price moves against the current direction. Just remember, you want to buy low and sell high.
robinmovie on August 15th, 2009
Do you have to keep re-adjusting the fibs? How do you know when to adjust it?
Thanks!
radjune1970 on August 17th, 2009
Thank you Wayen,
Rad.