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- southernmind replied Apr 20, 2008
Here is my attempt at using this method as I understand it. The two candles I used are highlighted in the yellow ellipses and the decision lines (original lines) are white whereas the target lines are in red. Is this correct?
Mission Discovery: Think Outside The FX Box
- southernmind replied Apr 20, 2008
I don't see this occuring in your chart for post #59.


Mission Discovery: Think Outside The FX Box
- southernmind replied Apr 19, 2008
I haven't paid much attention to Schiff Forks up to this point but I've decided that I might as well take a stab at it.
Can someone verify that I drew the Schiff Fork (blue) correctly? I see that it served as support for price before moving up ...Andrews Pitchfork (Median Line)
- southernmind replied Apr 19, 2008
DAILY (w/ closeup) and HOURLY EUR/GBP — The 200% fib on the daily and hourly are in the same general area so there could be a strong reversal at that point should price make it down that far.
Fibonacci GONE WILD
- southernmind replied Apr 19, 2008
Daily & Hourly Eur/gbp — Personally, I would have exited at 0.8097.
Anyways, here is what I see. If the fibs and pitchfork on the hourly continue to be valid, and the euro still weakens, I can see price falling to the 200% fib level ...EURGBP - Correction or Reversal?
- southernmind replied Apr 19, 2008
HOURLY GBP/USD — This is how cable turned out on the hourly chart I previously posted.
Fibonacci GONE WILD
- southernmind replied Apr 19, 2008
DAILY EU (alternate pitchfork) — Here is an alternate PF drawing. I'll keep my eye on both, although this one is showing good reaction.
Fibonacci GONE WILD
- southernmind replied Apr 19, 2008
WEEKLY EUR/USD (w/ DAILY closeups) — Just a pullback or the beginning of a bear run?
Fibonacci GONE WILD
- southernmind replied Apr 19, 2008
DAILY (w/ closeup) AND HOURLY GBP/JPY — Upon further review, I noticed that there was a better way in drawing the green and white pitchforks on the daily so I have to offer this public correction (smile). As you can see, the low on Friday's ...
Fibonacci GONE WILD
- southernmind replied Apr 17, 2008
Here is a thread that will provide further information: url
USD/JPY Discussion
- southernmind replied Apr 17, 2008
EUR/USD x USD/JPY = EUR/JPY EUR/JPY / EUR/USD = USD/JPY EUR/JPY / USD/JPY = EUR/USD This formula applies to dollar and yen based pairs. You just have to do the math on one and then you have the rest.
USD/JPY Discussion
- southernmind replied Apr 17, 2008
WEEKLY AND DAILY (w/ closeup) EUR/GBP — Here is how the EUR/GBP has traded up to this point.
Fibonacci GONE WILD
- southernmind replied Apr 17, 2008
HOURLY GBP/JPY — I decided to throw some fibs on this hourly chart I posted earlier.
Fibonacci GONE WILD
- southernmind replied Apr 17, 2008
Weekly & Hourly Gbp/usd — I posted these charts in the cable thread so I might as well post them in my own.
They show how price is being capped by the 21ema on the weekly and a 200% fib level on the hourly.Fibonacci GONE WILD
- southernmind replied Apr 17, 2008
HOURLY and DAILY GBP/JPY — Possible downside targets, along with daily chart targets including the bottom line on the white pitchfork, the high of April 11th (201.87), and the 38% fib level (200.76). Upside targets on the daily would be the ...
Fibonacci GONE WILD
- southernmind replied Apr 17, 2008
Weekly And Hourly Gbp/usd — If you take a look at the weekly, price is currently capped by the 21 ema and a 200% fib on an hourly.
Cable Update (GBPUSD)