01-25-2008, 03:17 PM
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Superior Master Contributor and Member
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Join Date: Nov 2007
Location: BC, Canada
Posts: 735
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Quote:
Originally Posted by kagein
would you look at the trend for the day rather than the longer term chart when drawing fibs. yesterday i was looking at the eur/chf the overall trend seemed to be downwards but the trend for the day was upwards.
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Apologies if you have, but in case you didnt, the schools chapter on multiple time frames can be found here ’Long or Short?’ - 9th Grade: Multiple Timeframes - Beginner's Guide to Forex Trading, Free Forex Education, Learn to Trade Forex, Forex Training - BabyPips.com ... is a good refresher. |