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November 12th, 2009 at 9:11 am
Absolutely. We teach in our classes clusters of Support/Resistance including Fib clusters you’re referring to ( Fib Retracements and Targets) + Previous Days/Weeks/Months highs & lows, & Weekly / Monthly Pivots. A cluster for those who don’t know is when MULTIPLE areas of support/resistance are within a tight 10 to 30 pip area or zone. Markets typically reverse at these.
In fact we do this multi time frame analysis each day for all of our mentor students and the ZONES show up on the charts.
November 12th, 2009 at 9:11 am
We MODERATE user comments as 95% of them are scam site URL’s. If you write a legitimate question we will show it and answer it.
November 15th, 2009 at 1:27 pm
you ever use fibonacci clusters? much better