StockFetcher Forums · General Discussion · Forex<< >>Post Follow-up
BFreshour
139 posts
msg #44051
Ignore BFreshour
5/22/2006 5:38:14 PM

Any forex traders here? Could I pick your brain for some strategies?


TheRumpledOne
6,358 posts
msg #44083
Ignore TheRumpledOne
5/23/2006 10:11:07 AM

I trade forex - EURUSD.

I trade the midpoint crossover.

I also trade what I call the BIG PICTURE. Just draw fib lines from the last 1-2-3 top and bottom and trade accordingly. Forex very well behaved when it comes to fibs.

HTH.


BFreshour
139 posts
msg #44089
Ignore BFreshour
5/23/2006 10:41:34 AM

What timeframe charts do you use?


TheRumpledOne
6,358 posts
msg #44099
Ignore TheRumpledOne
5/23/2006 3:05:04 PM

Daily.

Look at the EURUSD.

Usually, 50 or more pip swings daily.

That's where the real money is to be made.


BFreshour
139 posts
msg #44104
Ignore BFreshour
5/23/2006 4:23:18 PM

TRO, look for an email from me please. Thanks. ;)


alichambers
48 posts
msg #44128
Ignore alichambers
5/24/2006 4:50:47 AM

This sounds interesting. Can you provide any more information on the method - for example, do you trade as the price bounces off the fib level?

And with daytrading the forex, do you stay glued to the monitor all day - or are there certain times you find the trading to be good?

Alex


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