Well, yeah I do enjoy a good bull steak:
Humble Lifetime Member
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #72,201
- Apr 7, 2008 1:51pm Apr 7, 2008 1:51pm
- Joined Jul 2007 | Status: Never Give In | 2,518 Posts
- #72,202
- Apr 7, 2008 1:55pm Apr 7, 2008 1:55pm
- | Joined Mar 2007 | Status: Fundamentally Technical | 4,446 Posts
dude, make up ur mind!!
Patience + Humility + Study = Success
- #72,203
- Apr 7, 2008 1:57pm Apr 7, 2008 1:57pm
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
Earnings could definitely be a catalyst for the fall. This pair seems to flow very well w S&P. However, I have been convinced of FIB trading & believe that price MUST finish the cycle. I am not always disciplined enough to hang in there & trust myself & the FIBs, but I know that confidence will come.
AnywayI believe we will hit 205 again to finish. Then, PA will follow the fundamentals for the next move.
Still holding GJ long from 198.19, long from 203.67, & UJ short 102.68 to 101.40.
- #72,205
- Apr 7, 2008 2:00pm Apr 7, 2008 2:00pm
- Joined Jul 2007 | Status: Never Give In | 2,518 Posts
Gann, no Gann, it's just another indicator. When Shit Hits the Ceiling, I've seen the bear's and bulls slice right through it. Fib's are great. As far as the 5 SMA goes, ain't that great. You know what I mean Dutch.
Humble Lifetime Member
- #72,206
- Apr 7, 2008 2:01pm Apr 7, 2008 2:01pm
- | Joined Mar 2007 | Status: Fundamentally Technical | 4,446 Posts
Patience + Humility + Study = Success
- #72,207
- Apr 7, 2008 2:03pm Apr 7, 2008 2:03pm
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
- #72,208
- Apr 7, 2008 2:04pm Apr 7, 2008 2:04pm
- Joined Feb 2008 | Status: Trader | 2,258 Posts
All that is left in FF is just plain garbage. "Cloggie"
- #72,209
- Apr 7, 2008 2:08pm Apr 7, 2008 2:08pm
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
sorry, had to laugh at the picture u posted.
try drawing a fibo, and while u move ur mouse vertically, it draws the levels further more apart or closer depending on how far u are from the strating price. however, when u also move the mouse horizontally, the fibos are drawn to a limited horizontal space also depending on how far u are to the right of the starting price. the time limit is where the fibo lines end horizontally: to the right. i'm 80% sure about this piece of info, u can check it out...
- #72,210
- Apr 7, 2008 2:19pm Apr 7, 2008 2:19pm
- Joined Jan 2007 | Status: Trader | 3,719 Posts
i am aware. but the cycle is not void... price keeps going into one direction until it hits the next relevant area. gann said that when time = price, we see a reversal. figure that out and you're rich 
.
.i'm not sure if most people here are aware of this, but fibs don't only have price levels but also have time limits. if the cycle didn't finish during a certain time limit, then the cycle is VOID
Nihil Sine Deo.
- #72,212
- Apr 7, 2008 3:21pm Apr 7, 2008 3:21pm
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
ALSO, If you play the charts backwards on low frequency, they will tell you who will win the presidential election.
:
- #72,214
- Apr 7, 2008 3:30pm Apr 7, 2008 3:30pm
- Joined Aug 2007 | Status: TARFU... | 7,015 Posts
FUBAR...
- #72,215
- Apr 7, 2008 3:33pm Apr 7, 2008 3:33pm
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
- #72,217
- Apr 7, 2008 3:34pm Apr 7, 2008 3:34pm
- Joined Oct 2007 | Status: Trader | 5,510 Posts
Please don't fuss at me if I drew my fib wrong, but I think I'm seeing a 79% retracement of Bart's brain. I'm not sure what to expect next. Can any senior members help me??
= 
- #72,219
- Apr 7, 2008 3:36pm Apr 7, 2008 3:36pm
- Joined Aug 2007 | Status: TARFU... | 7,015 Posts
yes, u drew them wrong. u can't expect anything, cuz this aint bart, it's homer. u can't draw fibs on one currency and expect the same results on another...
i can't??
FUBAR...
- #72,220
- Apr 7, 2008 3:41pm Apr 7, 2008 3:41pm
- Joined Aug 2007 | Status: TARFU... | 7,015 Posts
Your problem is that's homer not bart...
FUBAR...