Nov
FOREX Trading | FOREX Training – November 8, 2006
Posted by admin as forex
The day started with a great USD trade and ended with a great CAD trade. A good day indeed. The market must have read the textbook! We waited and waited for confirmed currency correlation between the majors with a break of the 200 EMA across the board. Pivots and Fibs helped find the target. The CAD trade, based on the oil report, was a great 38.2% retracement to 161.8% extension for the CAD/JPY. The USD/CAD hit the S1 and stopped at the same time we were topping out on the other pair. Beautiful.
Duration : 0:16:33
[youtube -p562tl5WOw]
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I am a student at fxbootcamp. I dont know what you mean by O or C but I can tell you that Wayne’s Pivot Points are set at 19:00 EST
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Hi, What time is your O, C to create pivot point? 8 am EST?
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