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PiPsAddict replied Nov 28, 2007
Hey Karmo, Yes... the geppy definitely loves the 50 fib retrace after the last bull/bear run. That would be a safer bet and obviously earlier TP. Either way it means green pips... and that's a good thing! Cheers, PiPsAddict
Auslanco - GBP/JPY and GBP/USD (newstrade)

PiPsAddict replied Nov 28, 2007
Hey Karmo... I've been reading that once a harmonic (Butterfly) wave completes and price reverses, it's usually good for a 61.8 fibo retrace. I use the word "usually" as I realize there are other factors that may prevent this from happening. Based ...
Auslanco - GBP/JPY and GBP/USD (newstrade)


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