See daily fib retracement probabilities on post 102. Posts 99 and 100 show DAR chart and past day RM. Updated information begins with post 99. 3664

From pivot 1 on Friday it had retraced to within 10 pips of 38 fib see yellow fib lines and from Pivot 2 which is today's low pivot it retraced to the 50 fib see green fib lines. Its finding resistance at an 00 number and exsisting home sales coming ...

A look at S/R from the daily perspective. Updated information begins with post 99. 3664

On the weekly 4hr note the green horizontal lines for past S/R levels. The 2007 WAR for gbpusd 299. The first weeks of trading the past two years have had a wide range of motion. It is trading at 9978 which is a past S/R level on the 4hr.

The GbpUsd has retraced to the 61.8 daily fib level for the 172nd time in 258 trading days for a 66.7% retracement probability. On Friday after the the days high and low was established it hit the 50 fib and now has continued to the 61.8 fib level . ...

WAR for the GbpUsd

The blue line is the RM range of motion based on each weeks high and low for all the weeks of the year. The pink line is the WAR weekly average range from Jan.1 2007 to date. The purple line is the WAR starting July 8 2007. The WAR changes from week ...

Another look at the daily retracements for the past two years.

Currently it has retraced to the 50 fib level on the daily since it dropped 121 pips when it hit the weekly high of 2.0023.

Daily RM with statistical probabilities for the RM between 70 and 200 pips.

Blue line shows the RM the last 40 days compared to the yearly DAR which is the pink straight line.

DAR for GbpUsd 3664

Came within 14 pips of the weekly 50 fib. Up trend my be in motion now with the new home sales report being less then expected. 3570

New home sales for usd coming out around 11am eastern should be neg. news for dollar. May give gbp a boost of a few pips.

Possible pull back around the 50 fib.

No stupid questions its good to ask. Bullish is good. My short term day trade came at the break of the 9973 level by 15 pips and 9992. It was nice that it pulled back to a 61.8 fib level of the high and low established at the time of the day before ...

I have to correct previous post by saying 2020 I should have said 2.0020. Little difference.

It needs to break into 1993. What's nice is has currently pulled back to a 61.8 fib. The range of motion is still small so 45 pips thats why for me 2020 (correct 2020 to 2.0020) is a good mark. Because when it hits 2020 it will have moved 81 pips ...

At a current level of past hourly resistance.

Watching for break 15 pip break above (current days 9977 high) at 9992 for 28 pips at 2020 (correction on 2020 it should be 2.0020) A little difference . Current day low is 9939 would make 2020 having a range of motion for the day of 81 pips well ...