Great work
my forecast from Jul 26 at 18:31
%50 fibo level from where EU released to today.
walker.
my forecast from Jul 26 at 18:31
%50 fibo level from where EU released to today.
walker.
DislikedToday being what it is, thought i would spend a little time going over some really long term charts for the EURO/USD.
monthly/30 year is the time frame
50 period and 100 period sma indicator employed
fibo retrace from 10/31/2000 low .8225 to 07/31/2008 high 1.6036
jan 1 1999 was the actual inception date for the Euro
So the dates chosen to look at were not hypothetical results but based upon real time low and high applications within the existence time frame of the Euro.
What is interesting is that the 50% retrace was 1.2145 and the...Ignored