Quote:
Originally posted by Gamma_Jammer
I use the following all the time...
S/Term:
Previous all day London/NY high and low (07:30 Ldn - 22:00 Ldn)
Previous Asia high and low (22:00 - 07:30 Ldn)
38.2, 50 and 61.8 Fibs of previous days range ldn/ny. (Only really if there's been a big move).
M/Term
24 Hour, 100 hour 200 hour SMA. Fibs as before.
L/Term
55,100,200 day SMA
same fibo points on ytd range
52 week high & Low
GJ
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I like your selection, and I look at many of the same ones myself, although I place less importance on the MA's and more on fibs and horizontals. I might add a few too: any obvious major trend lines, 100 period Bollinger Bands on any chart period, 78.6% Fibs, daily "spike lows/highs" and there was one other important one which has momentarily slipped my mind! Pay special attention to confluences. Any thoughts on these Gamma?
Oh...just recalled the missing thing: round numbers, half round numbers and the 80 and 20 levels.
All this makes for a huge number of things to remember, but it becomes second nature eventually....an excel tool could also help!