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- FXObserver replied Sep 14, 2008
It's been a roller coaster ride. If you look at G/J, it's going up and down 200 pips.
EURUSD
- FXObserver replied Sep 14, 2008
Mission 1 accomplished @1.4425. Aiming next @ 1.4488. The market is over reacting
High for today@ 1.4484. My analysis for today is pretty good and it's now retracing. Retrace may go as low as 1.4390 before it continue it's way up or probably ...EURUSD
- FXObserver replied Sep 14, 2008
Probably yes but most of the time if the 61.8 Fib expansion is penetrated, it goes all the way to 161.8 Fib expansion but expect some retrace first. It will take a while before it reach that lvl so im only predicting the 1.4488 area atm. We will see ...
EURUSD
- FXObserver replied Sep 14, 2008
Mission 1 accomplished @1.4425. Aiming next @ 1.4488. The market is over reacting

EURUSD
- FXObserver replied Sep 14, 2008
I just sent you a pm where you can learn some of that stuff. Good luck.
EURUSD
- FXObserver replied Sep 14, 2008
To Acumen — Resistance broken and it seems like me and my over reacting fib and market will reach the target i told earlier.


EURUSD
- FXObserver replied Sep 14, 2008
Im using the Fibonacci pivot which is already programmed and incorporate it to MT4 platform. Are you using MT4?
EURUSD
- FXObserver replied Sep 14, 2008
Nice trade
It's hesitating to break it but we will see how the price react later.EURUSD
- FXObserver replied Sep 14, 2008
Over reaction??? It already climb more or less 1oo pips from last week and im basing it on Fib lvl. I said IF I'M RIGHT, im not over reacting. If you know how Fib works mr. know it all, it's a big POSSIBILITY and im not saying this without any ...
EURUSD
- FXObserver replied Sep 14, 2008
Yes and it already break the 61.8 Fib lvl which is a strong res. If i'm right, we'll about to see 1.4425 for the 100% retracement where a break of this price will lead us further to 161.8 Fib expansion of 1.4488. The signal is so bullish at this ...
EURUSD
- FXObserver replied Sep 14, 2008
I just saw the GBP/JPY rate today @ 191.96 which is almost 150 pips down from Fridays close so i guess this pair is also down if i will correlate it. I'll update once i see the EUR/USD price. Last week move might just be a correction to a bigger ...
EURUSD
- FXObserver replied Sep 10, 2008
Forming H&S on the 1 hr chart and if the top of the right shoulder has been reached as i saw it, we're going down.
EURUSD
- FXObserver replied Sep 10, 2008
Having a hard time reaching the 38.2% Fib. Let's see how it goes.
EURUSD
- FXObserver replied Sep 9, 2008
That's right
I just want to add that if the price continue to move up in that lvl, we may see 1.4426 but if it holds, expect a strong downtrend.EURUSD