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Categories: Technical Around

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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26 Responses so far.

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  6. tomgb111 says:

    Keep in mind 80% of people who try forex lose all their money. Research is key, and it isn’t as easy as most companies/sites/people say it is. DO YOUR RESEARCH, examine trends, use a practice account to get used to the program your using. newcreditproDOTinfo has some good forex articles and very usefull search features. Cheers.

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  12. admaj says:

    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?

  13. plowcow2 says:

    oh wait, oanda does give us extensions! YAY! but it doesn’t give us pivot points, I guess u can calculate those manually though

  14. plowcow2 says:

    :( Oanda gives us retracements but not extensions… I want extensions waaaaa

  15. fxbootcamp says:

    Its cool eh? The Fib retracement/extension tool is part of my customized GFT platform.

  16. plowcow2 says:

    thanks! But how do you add fibonacci extensions? Would it work if you just moved the retracement lines up to above the high?

  17. fxbootcamp says:

    Well said. Bravo!

  18. fxbootcamp says:

    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.

  19. fxbootcamp says:

    I use a customized version of the GFT DealBook 360.

  20. daydream83 says:

    good for u

  21. AngeloFleming says:

    The platform used not important! What is important … is that you make consistent, repeatable trades.

  22. plowcow2 says:

    oh wait… OANDA does give me fibonacci! nvm! OANDA is the best! GFT sucks! j/k but OANDA really is the best

  23. plowcow2 says:

    oh thanks!

  24. daydream83 says:

    GFT platform

  25. plowcow2 says:

    what program are you using? OANDA doesn’t give me pivot points or fibonacci retracement lines

  26. Mahaley says:

    You really saved my skin with this inomrfation. Thanks!

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