S4T,
I trade US stocks and it works for me.I find it much much better than any other market i've traded.
However if you cant trade then it dos'nt matter what market you trade on.Then dont blame the market youre trading just blame yourself.
Naz,this is the best trading strategy i've seen on T2W.
You can make 100's of points very, very quickly! I use IB for trading the Nasdaq can i do the same thing with that?
The way i do it is to take my fib readings from different important levels in different time frames down to the last major high/low that i'm interested in.Then the more that cross at one point the more that level could be an important area of support or resistance.
I think Socrates was correct when he said "You have to cultivate the ability to make up your mind quickly and change it slowly, which is the opposite of ordinary life."