Don't forget, 50% is the only number in there that's NOT a fib number. It was added to the fib retracement tool based on the DOW theory, which is freely available to read on the internet.

Which Fibo level do YOU use and why?

Now watching 1.2943

EURUSD

Yep. Price currently below the daily S1, which is @ 1.3043. I'm eyeing 1.3137, if it retraces, but longer term, 1.3206 has my attention, for a retest of the weekly pivot. I'm also eyeing 1.2997, which is the weekly S1, for a bottom bounce.

EURUSD

Noticing today's low, so far, is two pips shy of the monthly pivot, which is @ 1.3011.

EURUSD

That's one benefit when I lived in the city. More choices.

EURUSD

That's one thing about living out in the country. It reduces my choices of internet providers.

EURUSD

Waiting to see what it does from here. Lost my internet connection for 15 minutes while it was dropping. Thanks AT&T.

EURUSD

Good point, and something I'll be taking a closer look at, the fundi side of things, instead of just the TA. Blend the two. Then go from there. Thanks. "Time" to hit the sack.

EURUSD

Just by taking a fundi look at things, and with the bond spread, yield, etc...... scary stuff coming our way, if not prepared.

EURUSD

I'm waiting, too. But the way things are looking, so far, I'll be looking to buy the USD, until September. Then on one of my Gann charts, look at where price opened for this week. Right in the middle of a wide range. With a weekly range between ...

EURUSD

That's the one thing that bothers me with the time aspect. Time wise is showing much more upper potential before it falls. Too much time between now and 7-08-13.

EURUSD

I like your 1.0526 target. Using a "where price meets time" Gann type chart, I'm showing a major reversal around 7-08-13. But who knows, I'm drunk.

EURUSD

And notice where price is at right now. Testing Friday's low. Not good for the bulls, to me.

EURUSD

Agreed on the downward movement area target. Between 1.299x and 1.294x for me.

EURUSD

And depending on what pair you trade in this type of (no news, price just ranging) market, you can make a lot of pips, while other traders are bored or getting stopped out. I do this AFTER London goes home, when price makes a new high or low. The ...

At what time is your trading (your trade timing)

Quad witch.

EURUSD

s/o -4 Will wait to see what it does here again.

EURUSD

Morning. Going for a little retrace, with a tight SL.

EURUSD

1.3245 once again.

Gann Analysis