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- southernmind replied Nov 15, 2007
Whenever you see two different sets of fib lines directly above/below each other, one will always be the duplicate of the other. The high and low for the range the original set is drawn on is usually indicated by the yellow arrows on the chart ...
Fibonacci GONE WILD
- southernmind replied Nov 15, 2007
WEEKLY USD/JPY — This should have been posted with the 4HR USD/JPY chart earlier.
Fibonacci GONE WILD
- southernmind replied Nov 15, 2007
DAILY EUR/GBP (w/ 4HR closeup) — This pair is definitely showing signs of wanting to go higher. We'll see soon enough.
Fibonacci GONE WILD
- southernmind replied Nov 15, 2007
4HR DOLLAR YEN — Might have a good bounce off the lower fib or outside pitchfork line if price decides to take a nosedive.
Fibonacci GONE WILD
- southernmind replied Nov 15, 2007
Euro Daily And 2hr Charts — Having more than one chart on different timeframes helps to more accurately identify possible support/resistance levels and the reasons why price behaves in a certain way.
Fibonacci GONE WILD
- southernmind replied Nov 15, 2007
Daily And 4hr Gbp/usd — Along with the Daily chart I've been posting, here is a new 4hr chart with a different set of fib lines and pitchfork.
Fibonacci GONE WILD
- southernmind replied Nov 15, 2007
DAILY EUR/USD (w/ 4HR Closeup) — DAAAAAAAAAAA BEARS (w/ possible bull transformation)!!
Fibonacci GONE WILD
- southernmind replied Nov 15, 2007
DAILY USD/CAD (w/ closeup) — Daaaaaaaaaaa Bulls Deux!!!
Fibonacci GONE WILD
- southernmind replied Nov 15, 2007
4HR EUR/GBP (step-by-step) — DAAAAAAAAAA BULLS!!!
Fibonacci GONE WILD
- southernmind replied Nov 15, 2007
Daily GBP/USD (w/ 4HR closeup) — Daaaaaaaaaaaaa Bears!!!!
Fibonacci GONE WILD
- southernmind replied Nov 14, 2007
Although price didn't quite make it to the 50% fib (almost though) on yesterday's candle, it did make its way back down to the 23% fib.
Fibonacci GONE WILD
- southernmind replied Nov 14, 2007
DAILY & 4HR USD/JPY — The hourly chart I've been posting for this pair has served it's purpose and now it's time to move on to a different setup. I'm using the same fib lines but the pitchfork is drawn a little different.
Fibonacci GONE WILD
- southernmind replied Nov 14, 2007
WEEKLY USD/JPY — Price topped out today at the intersection of the upper trendline and 138% fib.
Fibonacci GONE WILD
- southernmind replied Nov 14, 2007
4HR EUR/JPY — This is how the EUR/JPY pair unfolded.
Fibonacci GONE WILD
- southernmind replied Nov 14, 2007
Daily And 4hr Eur/gbp — After a retracement from the 76% fib line, price pushed higher and broke through and hit the middle pitchfork line.
Fibonacci GONE WILD
- southernmind replied Nov 14, 2007
Daily And 4hr Gbp/usd — Breakdown of the Daily to a closeup 4hr in the second chart.
Fibonacci GONE WILD