Friday, November 17, 2006
David,
I apologize for the delay in responding. I've been totally absorbed by accounting and taxes lately.
Yes all of my techniques can be applied to the lower time-frames equally well. All the way from 1-minute to monthly and even annual if you want.
If you are trading FOREX, you might want to look at the 4-hour chart, it can help smooth out the noise of low-volume bars.
I'll post this question and answer on my member web pages here:
http://www.fibmarkets.com/mem.html
-Neal.
> Hi Neal,
>
> I have been listening to your free videos and find them very interesting. I see that you use daily, 60 and 5 min time frames.
> I am interested in trading the forex market using weekly and daily charts. Can your course be applied successfully to these time frames as well?
>
> I look forward to hearing from you.
>
> Kind Regards
> David D
Posted by FibMaster @ 04:08 PM PST [Link]
Monday, November 6, 2006
Hi Neal, I purchased your course in April, 2006 and watched all of the video's. I was going back to do another viewing to review all that I have been working on again. I have had great success using your fib techniques and find that they work like magic.
Again, thanks for teaching such great techniques.
- G Gallagher.
Posted by FibMaster @ 05:19 PM PST [Link]
Thursday, November 2, 2006
If you saw my last update, you know I've been bullish on the USD/EUR chart above 1.27 but be careful near 1.28 … If USD/EUR can maintain above 1.28 it's into aggressive bullish trading zone again, but there is a good probability of resistance here.
Today's chart is the USD/JPY pair. This chart is bearish until it proves otherwise. There is a support level just below today's prices, but as long as it continues to put in lower swing highs and lower swing lows, the USD/JPY chart is a shorting paradise. The full update with specific support/resistance levels is here: Click here for FibMaster's EUR/USD and JPY/USDchart update. This video will open in a new window.
(At some future point these update files will be removed due to space restrictions)
Check this chart in coming days, see whether my update was "on the money". Learn to apply these techniques to your own trading here
Posted by FibMaster @ 09:54 AM PST [Link]