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    • big_pipin replied Oct 15, 2008

      here is another perspective on EU for both a 15min, and 1hr. IF we can close above 3726, then I'll be looking for the retrace for longs, BUT as it stands now, when EU hits its 61.8% retrace on the 1hr, which as you can see intercepts the 50% fib fan ...

      EURUSD
    • big_pipin replied Oct 14, 2008

      gbp/usd analysis 4hr. The first chart shows where price has closed above the 61.8% and 66%. The 2nd chart shows the fib for the upward move, and the 50% is at 7275. 38.2% usually isnt a powerful support level, so a drop to 50% is very possible, but ...

      Fibonacci Trading with Bobokus
    • big_pipin replied Oct 14, 2008

      my analysis is right on the money!....unfortunaly i was stopped out at 3700 and because i had to go to my gay ass job, i wasnt watching my charts, so i didnt re-enter. EU broke the wedge but hit resistance right on its 50% fib fan.

      EURUSD
    • big_pipin replied Oct 13, 2008

      Can someone help me with eur/cad analysis on the 4hr. The strong uptrend makes me want to go long, yet the strong sell off makes me want to short any 50 to 61.8% retracements.....whats the right call on a chart like this? thanks

      Trading Fib Zones