You really believe that the price is heading to that extent? Even after just breaking below the 114 level?
NestEggFX
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I simply trade the patterns I see, theres also the AB=CD pattern forming which goes to that price area. I've got my order set to execute at that price so if it doesn't make it up there, I won't be trading. No biggie :)
TradZ
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Nice!
TradZ
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You mind telling me how you were able to get this prediction? Did you happen to use a fib-extension? I used a fib-retracement, Cypher-pattern but don't understand how you came up with the predict. I'm assuming it was the help of the fib-extension?
TradZ
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Yes I see the light! I always forget to use my Fibs:)
NestEggFX
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Sorry for the late reply, but yes, fib retracement and extensions
TradZ
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Nice! So it's best to use the fibs on the time-frames you choose to trade on(which you can I know), Or just on the bigger time-frames to see the future? Sorry if dumb question
NestEggFX
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You can use on all time frames but I personally like to use them on the 60, 240 and daily.
TradZ
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Yelp! makes sense! This is what I will start conditioning myself to start doing from here on out. Talk to you later