Welcome to fenaghfx

This blog is not for specific trades,but to share my experience and what I have learned over the last few years, Trading involves significant risk and may not be suitable for all investors.

About Me

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I have been trading since 2008 in the fx market, trading mainly eur/usd my approach is technical,using support/ resistance .But always keeping one eye on the news

Thursday, May 5, 2011

follow up to s/r daily charts

This is the follow up to my first blog, regarding support and resistance,the chart above is on a daily chart, the same chart patterns apply to all time frames ,but the zone, can be 100 pips or so,for me personaly my heart could not take such big swings, as I use very tight stops which i will talk about in a blog soon Dave

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