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Posts Tagged ‘charting software’

Tips for MT4: Putting price levels besides the Fibs

This is a simple tip for MT4 users. Before: The Fibonacci tools are wonder ful and essential for trading but after plotting them on the chart, price levels corresponding to the Fib levels are not displayed. For illustration, see ”50%’ retracement level on chart. To get the

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Trading Techniques and Strategy Discussion – EURUSD

Posting in terraseedsgooglegroups by Swee Beng. In the 15 min and 60 min charts, Swee Beng has pointed out the excellent setups that were available. It is also an excellent illustration of charts in different timeframes yielding different results to their users. Traders need to bear in

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EURUSD at confluence now

Overhead resistance needs to be taken out now. Indicators show losing momentum. Still I would be happy to bring the euro home for the weekend than the dollar.

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Pullback for AUDUSD

The Aussie is now at a confluence of resistance levels at around 9530: The previous support line broken now turn resistance 61.8 retracement of swing high-low 30-ma on the daily chart Price shows immediate reaction. Some work might need to be done.  

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