support and resistance -who has the best

[NZ17billionaire]

Hi,

Can someone tell me who has the most reliable and accurate support and resistance signals.
Thanks

[4xfool]

Fibonacci....but knowing how to use this tool is elusive to most. but not all....

[marc_t]

4xfool, exactly the right person I wanted to hear talk about fibs

Could you develop a bit on how you modify fibs in your trading strategy?

[PTB]

Yep I agree, 4xfool, you seem to know your way around the charts. How do you determine support/resistance? Do you use the moneytec calculator? And what is you most successful strategy?

[Frandsen_financ]

hey NZ17billionare I've trying to find other kiwi currency traders out there. Not as easy as it should be. have u got an msn messenger email? if u do add me as nick@frandsen.co.nz and we can share some ideas

as for the support resistance i would go to fxstreet.com and go to the forecasts section. Thats by far the best forecasts I've found to date....nick

[NZ17billionaire]

Thanks guys


very helpful.
not sure about Fibonacci ..just something more I need to learn about.

Frandsen financ

Yes I will send you an email

cheers

[4xfool]

Originally Posted by PTB

Yep I agree, 4xfool, you seem to know your way around the charts. How do you determine support/resistance? Do you use the moneytec calculator? And what is you most successful strategy?

Actually I don't use any calculator. I use an adjusted Fibonacci based on the regular Fibonacci that everyone else uses. I do a few things differently than most people though from what I've read. I can't really divulge too much on here but Fibonacci was definately onto something all those years ago. You have to remember that its still just people making the decisions on when to buy and sell.

[rollingstone]

I can't really divulge too much on here

I thought the whole point of these boards was to share ideas and help each other, maybe I'm wrong.