Archive for July, 2006

Final Results Then, and based on the model developed to prove the original hypothesis, we came to the following results: Pair EUR/USD: Pair USD/CHF: Pair GBP/USD: Pair YEN/USD: If after finishing this job, someone ask me if it is possible to predict the future, mi answer will still be “NO”. I don’t believe that could be, in fact, I don’t believe either we can predict what will happen in the next minutes… Although this seems the opposite of the objective of this work, I personally want to

Link:
Part VI: Using Fibonacci to determinate market goals

Where do Candlesticks Come From? In the 1600s, the Japanese developed a method of technical analysis to analyze the price of rice contracts

Original post:
Basics Of Candlesticks

Step 2 Afterwards, we move the following fields-data to a new table: minor rally number, start price, end price, duration (in hours), and the distance in basic points or pips. Then, we move the major trend direction to the new table, came up from the application of the Zigzag Oscillator to the major period under study. After the legs of the ZigZag were found (bullish and bearish rallies), we apply the Fibo’s ratios at any leg (“zig” or “zag”) that coincide with the major trend (In this case,

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Part V: Using Fibonacci to determinate market goals