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- southernmind replied Nov 14, 2007
DAILY AND 4HR EURO — That Euro is kicking much arse!! The daily is broken down to the a closeup on the 4hr in the second chart to provide clearer price action.
Fibonacci GONE WILD
- southernmind replied Nov 13, 2007
Make that two fib lines. If price overcomes these three barriers, more than likely it will reach the white 50% fib and then retrace. Whether it breaks all three or not, I believe that price will revisit the white 23% fib level. Although, I could be ...
Fibonacci GONE WILD
- southernmind replied Nov 13, 2007
Weekly And Daily Gbp/jpy — CHECK THIS OUT!! Price has to break a fib line and a pitchfork line to proceed. Price action here should provide very useful information.
Fibonacci GONE WILD
- southernmind replied Nov 13, 2007
Daily & Hourly Cad/jpy — The hourly looks familiar.
Note: I have another daily chart for this pair where the fib lines are drawn slightly different. I decided to go with the one I posted but if the other one shows anything ...Fibonacci GONE WILD
- southernmind replied Nov 13, 2007
HOURLY USD/JPY — Here is an example. The fact that price did not remain inside of the pitchfork lines can be considered a bullish sign. Further confirmation was given when price refused to re-enter the pitchfork, candle closes above the fib ...
Fibonacci GONE WILD
- southernmind replied Nov 13, 2007
When it comes to the fibs, it's no different than how you already use them. I just added more of them. Enter or exit a trade when price bounces off or has shown consistent support or resistance at one them. The pitchforks (trendlines) make trades ...
Fibonacci GONE WILD
- southernmind replied Nov 13, 2007
4HR Euro/yen — Fibonacci Lines and Pitchforks (Trendlines) used together are great for trade confirmation.
Fibonacci GONE WILD
- southernmind replied Nov 13, 2007
Daily And 4hr Eur/usd — Pitchfork is still working its magic.
Fibonacci GONE WILD
- southernmind replied Nov 13, 2007
Breaking higher..... The yellow trendline is drawn on the high of July and the low of October and the red lines are a pitchfork.
Fibonacci GONE WILD
- southernmind replied Nov 13, 2007
4HR GBP/USD — Here is a 4HR version of the daily chart. The red lines are the pitchfork and the top yellow trendline is one drawn on the highs of January and April of this year.
Fibonacci GONE WILD
- southernmind replied Nov 13, 2007
HOURLY USD/JPY (wedge pattern) — There is a wedge pattern that has developed outside of the pitchfork. The sqeeze is on!
Fibonacci GONE WILD
- southernmind replied Nov 13, 2007
4HR USD/JPY (w/ pitchfork) — This is a 4HR chart of the highlighted area in the previous post.
Fibonacci GONE WILD
- southernmind replied Nov 13, 2007
DAILY USD/JPY — The areas of the 61% (109.15) and 38% (110.46) fibs are serving as major support and resistance for now.
Fibonacci GONE WILD
- southernmind replied Nov 13, 2007
4HR EUR/JPY (w/ pitchfork) — Give it up for the 23!!
Fibonacci GONE WILD
- southernmind replied Nov 13, 2007
DAILY EURO (w/ pitchfork) — This pitchfork certainly earned respect.
Fibonacci GONE WILD
- southernmind replied Nov 12, 2007
WEEKLY EUR/GBP — Looks like the 76% fib is possibly in the cards!!!
Fibonacci GONE WILD