The ISM report was much better than the consensus today… this gave the USD strength. However, as the EUR/USD fell, Fibs, Pivots and Moving Averages all came together on multiple time frames. So although the ISM was unexpected, the market behaved as a trader would expect. LIVE FOREX TRAINING | EVERYDAY! HTTP://WWW.FXBOOTCAMP.COM Duration : 0:7:21
This is an educational video to show forex traders how to use fibonacci extensions as a leading indicator for placing profit targets in their trading plans. Recorded for the DailyFX audience, the FXCM MetaTrader (MT4) platform was used for the live market examples. Recorded by Wayne McDonell of FX Bootcamp, LLC (http://www.fxbootcamp.com) Duration : 0:22:6
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