why the fib numbers are so important

why the fib numbers are so important

You really need a good charting service to go back and look at the history of the currency pairs you trade. I have mentioned several times fxtrek forexnews the forum. If you have another, great. But for those of you who only get their listings from trading platform where you trade, most of which will not allow you to transfer historical data. You can get a free 7-day demo of the intellicharts www.fxtrek.com. They only do forex charts. They offer spot exchange rate of the dozens of currency pairs, with hundreds of technical indicators over the last 30 years, with each time-frame you want. Therefore, it can go back and look 30 years from 1 hour couple lists of what you want. After 7 days the price is US $ 100/month.

If I was in your shoes, I would not make a trade without any confirmation that what you say is really true. That is why I am asking you to make some sort of historical homework on 1 hour charts. You can see for yourself what tunnels do not, and why the fib numbers are so important.

VII. I stop, but it is not the end

I could ramble on about many things regarding the tunnel method, but now you have the basics to get started. Once you get your trading style and risk model defined, we can start thinking about additional filters and alerts for refinement. Of course, you can use the model to Vegas team uses as well. I would like to end by giving you my e-mail address. It is trafficcap@hotmail.com Please feel free to E-mail at any time. I will respond as quickly as life allows me.

I hope to be of some help. For some I hope this opened your eyes to a model that delivers. For others, I hope you have picked up an idea that may be of benefit in future. For those who think I'm nuts and full of ****, and that's OK too. I think I can be standing next to you in boxing. Your screamings always provided humor.