FOREX PRO WEEKLY August 26-30, 2013

[Sive Morten]

Please Sive I have two questions based on yesterday and today's analysis
firstly, how can one get to know the stop grabber invalidation area which you made mention of minor grab stopper and major stop graber area. I mean how I know when the stop grabber starts to take action.
Secondle what do you mean by 3/8 levels.
Thank you.

Hi Jessy,
3/8 means 0.382, as 5/8 - 0.618. This comes from Fib number sequence.
Invalidation point of stop grabber is its opposite extreme. While market has not taken it out, stop grabber is valid.