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- Networx replied Jun 1, 2009
Fib levels — As I have posted in an earlier post, we have completed the weekly Fib that we were in as you can see in attached picture. To give an idea of where price may reach and area to look for possible topping off at I've attached the ...
- Networx replied May 28, 2009
New fibo levels... — If you've been paying attention to the fib levels I've been giving you will see they have been correct before the fact. New fib cycle we are in for current 1 hour is 154.36 and 152.55. You will see we may have another run ...
- Networx replied May 28, 2009
I fully agree with you. Because I trade primarily only using Fibonnaci I can show years back how we got here just by using that alone, not even knowing when news were to come out or why. Realistically I do believe there are pivotal moments to watch ...
- Networx replied May 27, 2009
Fib level... — On the 1 hour chart, put your high on 152.84 and low on 151.69. I know you're probably wondering why it is I'm not using the following swing, but I do believe the bounce at the 23.6 level confirms we're on the correct cycle. ...
- Networx replied May 27, 2009
Re: Going on record... — After posting this back in the early part of May, I'm reminded how if you Fib properly, the price will tell you where it "wants" to go.
- Networx replied May 24, 2009
Yes, Proper Fibbing — I'm not sure what you're referring to regarding skunny getting "demonized". In regards to your fibbing, you may want to back up on the fib for your weekly fibs which is the long term cycle we've been in. It will give a ...
- Networx replied May 23, 2009
Proper fibbing — I finally figured out how to take pictures and attach. This should help you understand my posts better. I know many will say why did I fib these particular two areas, but there is a method which takes a whole new thread to ...
- Networx replied May 22, 2009
Looking and looking but not finding your head and shoulders.......do you mean an inverse?? And what time frame are you speaking of? If you're speaking of inverted...then that makes sense...
- Networx replied May 18, 2009
Watch out... — According to my research...if we breach 148.05 we will continue on our path upwards... but...if it stays just below we may see a strong turn down to just past 142.89 which I believe is what I'm hearing from those that want to go ...
- Networx replied May 11, 2009
New fibo levels... — As you can see the retracements were exact on the last fib "cycle" we were in. New fibo levels are... 150.08 & 147.29.... The signal is pointing us down to 146.22 and eventually 145.57 which if exceeds will start a new ...
- Networx replied May 7, 2009
Going on record... — I know I might get some individuals that would disagree with me since there are buyers and sellers...but this setup I've seen over and over and is very consistent. Of course nothing is 100%, so will not claim but will just ...
- Networx replied May 7, 2009
New fibo levels... — The 1 hour cycle we've been in has been completed. To see what I'm talking about fib high at 148.31 and low 145.68 on 5/01. You will see without having moved it till now the proper breakouts and retracements. Now that we ...
- Networx replied May 5, 2009
Careful... — Since we have not completed the current fib cycle that we are in, please do watch 146.53 as a strong support. We may rally after hitting that key level. If we stay above 145.68 be careful of shorting. Once we break that level then ...
- Networx replied May 1, 2009
Fib levels... — To get a clearer picture of what is going on, please go to your daily charts and fib the current "long-term" fib cycle that we are in. Low on 3/30 at 135.70 and high on 4/06 at 151.48. This may give you better indication of ...
- Networx replied Apr 30, 2009
Upper trendline... — Don't forget to draw your upper trendline from both highs created on 4/06 and 4/16 just to be on the safe side. It's not a true strong trendline since has not been hit more than 3 times. But who knows....this could be the ...
- Networx replied Apr 30, 2009
Hope you were on the winning side of those trades. As you can see by fibbing the correct time levels we had a quick retrace to the 61.8 before we went to our full extension. New fibo levels for those of you reading any of my posts... low 143.63 and ...
- Networx replied Apr 29, 2009
I appreciate everyone's input... — Although some analysis are clearly wrong, and can only be proved after the fact I appreciate looking at the picture from either a buyer's perspective or a seller's perspective. Thank you to all. Here's my fib ...
- Networx replied Apr 29, 2009
New fibo levels... — You will notice that if you had payed attention to the fib levels I mentioned you would have been trading in the correct direction. Now that the "cycle" is finished for that we need to move our fib tool to low of 142.16 ...
- Networx replied Apr 28, 2009
Fibo levels... — I see a lot of speculation as to what will happen long term. Because I've been a long time reader of the boards I've found fantastic information here regarding proper placement. Technically speaking the pair hit it's extreme ...
- Networx replied Apr 28, 2009
Be watchful of shorts... — Possible strong trendline if you go to daily chart and take lows of 2/02/09 and 2/12/09. I know it's not a typical trendline but it has hit 3 major times...just watch out for...