can anyone share how to trade this level ?
any link from passed post ?
If you are a day trader look for trend ....if there is big gap down or up..
look to buy or sell at 2nd or 3rd sup..res..levels have to keep next level as sl
final sup..res. if trades beyond this range that is indication market is at abnormal range to trade
at that point avoid trading.......
max sup..at..-2.618.............and max.......res..at +2.618 go back in this thread to get fibo calculator ..and read the instructions...to fallow......
You have to look at the trend how it behaves as per levels live and learn by your self .........this could be excellent tool for trading irrespective of time frame..
BUT YOU HAVE TO PUT ALL EFFORTS TO LEARN BEFORE TRADE THIS SYSTEM>>...
one more and final time..posting this link..
http://www.mypivots.com/investment-calculators/fibonacci-calculator
First 3 days of high low for positional trade.........high..5808..low..5678........
March series high..5990..low......5619.........
high just below +2.618...which is..6018........
Low..just above..-0.618..which is..5598....
always remember at any point if price move above are below...sup..should be above ..0.382.........for longs..
and for shorts should be below.......-0.382..is 5628...march series never closed below..5628...
PUT some efforts to learn than ask for some help..
i am always there to give my support and what ever i can share with
i wish every one have to try their own way and learn to trade by them selfs..