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Trading at levels


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#1 ⇑ Haut ⇑ 18-07-2010 19:33:37

lopezpaulopez
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Trading at levels

I have been trading at levels. But how to determine the levels where price movement rests on the support or resistance. To determine the levels I use the indicator Murrey Math. Murrey Math is not the holy grail, but the performance of properly, can predict the price movement. Since the rules Murrey Math tied to the geometry, the trader can expect some predefined price movement. Recognizing these movements, a trader increases his chances of finding the correct side of the market. The basic principle of trade Murrey Math, can be defined as - to define a trend in the market, trading in the trend, and a quick exit from the trend with a profit (because the trends are very short).




 

#2 ⇑ Haut ⇑ 21-02-2013 08:17:53

Steven Smith
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Re: Trading at levels

I think you should be use Fibo indicator because Fibo levels are very unique in a foreign market indices.
I always used to determine market trends.
Fibo and other indicators such as Bollinger. Parabolic SAR, it may be stronger.




 

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