The answer is simple,
The tool at meta4 platform is to calculate price the pair currency.
I'm using stochastic 8 & 24 to measuring the price 8 hourly and daily running price,
because i'm day trader and intraday trader. my stochastic is measure hig low the last 8 and 24 hour at running price. and number 0 and 100 is to measure the scale. it's clear.
and number 120 and 24 is the main market base. cause market opening whole week. that's why the reason i'm using it.
and Fibo to measure wave, there'r may wave form i mean, full wave 100 % , small wave 25% wave before, big wave 50 %, medium wave 75 %. it's clear :)
Wednesday, 27 January 2010
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