Because I'm newbie so I tried to learn in demo account.
In 2015-08-28 , I open my first position.
I love eurusd chart because it's chart is so awesome, very attractive.
Here the chart
Can't you see that?
Indicator that I used is alligator, bollinger band and gator oschilator with using fibonacci too.
For that I saw the price is so high from alligator but it's in outside bollinger band.. then
there's a long red cadle. So I take my chance to open position in sell.
I open sell in 1.12912 with stop loss in 114403 then take profit in 110480. why I plan to take profit in 110480? simply, because in 2 fibonacci is near 50.00 it's a good place for bounce up or break down. I used 2 fibonacci 1 the yellow is the long time fibonacci then the blue fibonacci is the short time. Then look in bollinger band, you'll see the center bollinger is in near 50 fibonacci. I think that's is the place that I said before between bounce or break down.
Ok, let's see tomorrow. Hope my analyze is true. See next post here.
In 2015-08-28 , I open my first position.
I love eurusd chart because it's chart is so awesome, very attractive.
Here the chart
Can't you see that?
Indicator that I used is alligator, bollinger band and gator oschilator with using fibonacci too.
For that I saw the price is so high from alligator but it's in outside bollinger band.. then
there's a long red cadle. So I take my chance to open position in sell.
I open sell in 1.12912 with stop loss in 114403 then take profit in 110480. why I plan to take profit in 110480? simply, because in 2 fibonacci is near 50.00 it's a good place for bounce up or break down. I used 2 fibonacci 1 the yellow is the long time fibonacci then the blue fibonacci is the short time. Then look in bollinger band, you'll see the center bollinger is in near 50 fibonacci. I think that's is the place that I said before between bounce or break down.
Ok, let's see tomorrow. Hope my analyze is true. See next post here.
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