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Gregory McLeod Gregory McLeod is offline

DailyFX Power Course Instructor
Last Activity: Yesterday 07:17 AM

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  1. Gregory McLeod
    10-17-2008 06:13 AM - permalink
    Gregory McLeod
    I will look into it for you Paul. Thank you for your interest! Please spread the word!
    Regards.
    Greg
  2. Gregory McLeod
    09-24-2008 06:43 PM - permalink
    Gregory McLeod
    Using Fibonacci on a Daily chart is probably the most reliable. However, trading opportunities can be found on smaller time frames like 60 minute and 4 hour charts. Using Fibs in the direction of the trend is the best use. If you are using a daily chart then you should display 1 year of data (200 bars) if you are using a 4 hour chart then you should display at least 40 days of data. The more data, the clearer the picture of trend you will have. The longer the time frame the more reliable indicators and levels of significant support and resistance become.

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  • Last Activity: Yesterday 07:17 AM
  • Join Date: 09-25-2007

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