RomanoRnr
Short

USDJPY - RNR Trade Idea (10 Okt)

FX:USDJPY   U.S. Dollar/Japanese Yen
The fibonacci spiral has been hit. Is the USDJPY             Parabolic uptrend
coming to an end?

The trend is your friend, but going long at this stage
might not be the best idea.

Untill further notice, USDJPY             is still in an uptrend
but there is a big chane that USDJPY             has been
topped out & will go down.

Credits fib spiral -> Kazonomics
man, that's some wicked TA you do Romano...hats off
Reply
RomanoRnr CRInvestor
2 years ago
Thanks, I learned a lot from your trading lessons & @ICT_MHuddleston (ICT) video's.
I am trying to understand the parabolic moves&institutional order flow in forex & looking how I can take advantage of them in both ways.

Weird thing, the fib spiral is a bit of when I publish my chart on tradingview. (Must be something with the zoom ratio.)
it looks better in a picture
snapshot
Reply
MarcLacoursiere PRO RomanoRnr
2 years ago
Spirals move when zooming in and out... Not sure how reliable they really are because of that...
Reply
RomanoRnr MarcLacoursiere
2 years ago
There is a button next to the zoom in/out buttons. +/-
A arrow button & that's how you reset the zoom ratio/
Reply
Hi, very nice. How to use fibo spiral? Where can i further my knowledge on fibo spiral? thx.
Reply
RomanoRnr faizal.mansor.908
2 years ago
I have never found any info about fib spirals in books&the internet.
So, yeah you have to find it about by yourself, just like I did.
Reply
faizal.mansor.908 RomanoRnr
2 years ago
Thx
Reply
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