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Very nice and simple strategy sniper! You were the one that mentioned that fibs don't work as well on ticks as one minute charts correct? I'll have to take a look closer at that. From the chart I don't see the 0 and 100% lines were drawn to get 23.6, can you explain this more? Thanks. |
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is because the patterns formed on the tick chart are different and can fool you especially on pullbacks. Another thing is that time cycles works better on time charts. Take this form experience.
This charts doesn't show 1% and 100% labels for some reason.They're the top/bottom blue lines. I am still learning how to use this charts ...sorry
Regards