DislikedThere is nothing in Forex called "no apparent line". As i mentionned in yesterday's thread here, retrace cycle AB=CD (based on recent valley up to the recent peak on 4Hr) was finished at 1.4705. It went down up to 1.4682 to close an extension down fib level. With that we were in a oversold level. That same lowest level of yesterday was a retrace of 61.8% and at the same time a resistance and hard support in the past. Dow made 50% retrace also (DOW and EU are correlated). Combined, bear took some rest and bull took place.Ignored
- Post #157,141
- Quote
- Oct 29, 2009 6:19pm Oct 29, 2009 6:19pm
- | Joined May 2009 | Status: Fight until we die | 1,114 Posts
- Post #157,143
- Quote
- Oct 29, 2009 6:35pm Oct 29, 2009 6:35pm
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Doing what you like is Freedom. Liking what you do is Happiness.
- Post #157,144
- Quote
- Oct 29, 2009 6:38pm Oct 29, 2009 6:38pm
- | Joined Sep 2009 | Status: Veni, Vidi, Vincam | 49 Posts
- Post #157,145
- Quote
- Oct 29, 2009 6:39pm Oct 29, 2009 6:39pm
- Joined Oct 2008 | Status: sideline is a position | 97,620 Posts
those who can, do. those who cant, talk about those who can
- Post #157,146
- Quote
- Oct 29, 2009 6:42pm Oct 29, 2009 6:42pm
- | Joined May 2009 | Status: Fight until we die | 1,114 Posts
- Post #157,148
- Quote
- Oct 29, 2009 6:44pm Oct 29, 2009 6:44pm
- | Joined May 2009 | Status: Fight until we die | 1,114 Posts
- Post #157,149
- Quote
- Oct 29, 2009 6:50pm Oct 29, 2009 6:50pm
- Joined Oct 2008 | Status: sideline is a position | 97,620 Posts
those who can, do. those who cant, talk about those who can
- Post #157,150
- Quote
- Oct 29, 2009 6:55pm Oct 29, 2009 6:55pm
- Joined Sep 2008 | Status: Are you sure this is how its done? | 2,331 Posts
- Post #157,152
- Quote
- Oct 29, 2009 6:56pm Oct 29, 2009 6:56pm
- | Joined May 2009 | Status: Fight until we die | 1,114 Posts
- Post #157,154
- Quote
- Oct 29, 2009 6:57pm Oct 29, 2009 6:57pm
- Joined Oct 2008 | Status: sideline is a position | 97,620 Posts
those who can, do. those who cant, talk about those who can
- Post #157,156
- Quote
- Oct 29, 2009 7:00pm Oct 29, 2009 7:00pm
- | Joined May 2009 | Status: Fight until we die | 1,114 Posts
- Post #157,157
- Quote
- Oct 29, 2009 7:00pm Oct 29, 2009 7:00pm
- | Joined Sep 2009 | Status: Veni, Vidi, Vincam | 49 Posts
- Post #157,158
- Quote
- Oct 29, 2009 7:01pm Oct 29, 2009 7:01pm
- | Joined May 2009 | Status: Fight until we die | 1,114 Posts
- Post #157,159
- Quote
- Oct 29, 2009 7:02pm Oct 29, 2009 7:02pm
- | Joined May 2009 | Status: Fight until we die | 1,114 Posts