U.S. Dollar / Japanese Yen
Education
Updated

How to FUDGE your FIBS

546
Where you start and end the fib trace (0-1) is critical
There will be ''obvious'' points that mostly work fine.
But often the NON-obvious points fit BETTER.




Note
The power of Fibs
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Note
Interesting example of fib placement.
Instead of starting at the very top of price, I tried a lower peak.
And suddenly the 1.618 and 2.618 extensions locked in perfectly.
So that is what I will use as my Primary Count.
snapshot
Note
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Interesting development on the original chart above.
Move up overshot the 3.618 due to geopolitical news.
Then rejected, and a new Fib Retrace shows interesting issues.
snapshot

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