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    • detailas replied Feb 15, 2011

      Maybe she wants to kiss 3550/52 (dailly R1) before retracing 50% of the London upmove, at 3508 level. Where is big C. to 'scold' my newbiness??

      EURUSD
    • detailas replied Feb 14, 2011

      Been in shipping/shipmanagement for around 25 years.. Tough biz 24/7 sometimes... However, now I realize that FOREX trading is equally (if not more) demanding..

      EURUSD
    • detailas replied Feb 14, 2011

      [Time to put up a fib on today's move and keep an eye on 34579 and 34769[/quote] Newbie question : how would one know that 3427 would be the end of the downmove at the time, in order they draw their fibs accordingly to the daily top? Is it safe to ...

      EURUSD
    • detailas replied Feb 14, 2011

      you r right, if you do the fib the other way (bottom to top), you get the same values, but inverse percentage retracements. however, theoretically which is a bigger retrace when talking percentages? 38.2% or 61.8%? i prefer to say 61.8%, that's why ...

      EURUSD
    • detailas replied Feb 14, 2011

      Let's pass the 38% first and then we see what happens.. IMO If it's too eager to move towards 1.3400, then maybe it's a thin chance to kiss the 50% retracement.

      EURUSD