Disliked24HourTrader & seb123... nice analysis IMO. This is sorta the same way that I was looking at the charts. Obviously everyone is drawing their fibs differently, which brings me to something I'd like to point out.
When I asked Skunny if fibs had to be drawn from top to bottom or from bottom to top, he said either. So a breach of a sell line and a signal to go short can be from a fib that was drawn either way. Of course this only leads us back to how do we walk the fibs, so that everyone is drawing them the same way?
If you go back to Sizzle's daily GJ chart http://www.forexfactory.com/showpost...postcount=1679
you'll see he was short bias based off fibs that were drawn from bottom to top, where seb123, has his fibs drawn from top to bottom. Not saying either person is right or wrong. Just wanted to point this out. Obviously after the fact it is easy to see that either method would of worked out, though as we know already this isn't always the case.
Here is seb123's chart re-posted with fibs drawn the opposite way to help show more precisely what I am trying to point out.
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