FX:USDJPY   U.S. Dollar / Japanese Yen
858 3 29
We have impetuous correction of USDJPY             on background the down_trend on W TF. I will hunt the reset of down_trend. and probably it will from fibbo line resistance 0.618 level.
So, follow my signals to take a GREAT part of the down_trend after correction!
LOVE the idea , but what a correction this one was!!! WOW!!!
I am new to this FOREX world (the best!). So I am still lost in many of the technical and indicators aspects. One thing I don't get yet is why different individuals apply indicators in a different way or from different angles, starting/ending points. Like in this case, I appreciate your work Klin! I just wonder if there is a way to maybe average fib's levels so we can get a more precise range for the pivotal price action points. Because like we see here, it seems like OncleJer (hi!) could have apply the fib levels from a different starting point...
(sorry for my ignorance, just trying to learn something from you guys)
Why are you starting your fibs at 123.162 instead of at the beginning of the down move at 125.760?
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