Should you use the Fibonacci retracement on the timeframe that you are trading? Should you use it on a higher timeframe? The answer is to keep it simple. Just stay with the timeframe that you are trading. If you are a day trader, then you should focus on the 15-minute chart or the 30-minute chart. Look at the AUD/JPY chart for example. As you can see on the chart, you might be looking for potential […]