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Old 30-11-2004, 03:22   #11
fairwind
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Hi Jusco,

Here's an idea that might help. It is something I have been playing with for a while now. Place Fib on the last H & L ( usually yesterday, see H & L on chart attached ). Mark the 50% level and when CCI & STO are both over bought ( in this case ) AND the price has rejected the 50% level then you have a SELL. An entry price of around xx273 would have got you 40 pips at the last support level of xx233. The vertical line is 0600 on the MetaTrader package I use and is about an hour or so before the London market open.

Where will this pair go from here? Heck, I dont know!

Good trading to all.......................
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Good Trading to all........

fairwind
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