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FractalEdge-v1 (de forex_trader_186239)
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Discusión FractalEdge-v1
Aug 28, 2015 at 18:14
Miembro desde Aug 14, 2015
posts 19
Technical analysis is one thing which a trader shouldn't ignore in the forex. Now I am not saying you should do away with fundamental analysis. I really like the fractals for as a tool for technical analysis. It plays a great role in providing a good entry method, even more importantly, they also give the trader places for great stop losses. Moreover Fractals are natural support and resistance levels, even can be used as major levels on higher timeframes.
forex_trader_186239
Miembro desde Apr 15, 2014
posts 224
Aug 28, 2015 at 18:20
Miembro desde Apr 15, 2014
posts 224
That's true indeed... The nice thing is that being a fundamental notion of modern mathematics it is very simple to explain : look at 1 m, 15 m, 30 m, 1h, 3h time frame charts of any instrument. They look all similar... Wonderful ! Why ? Because they are fractal and self similar structures !
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