Archive for the ‘ Fibonacci ’ Category

AUD/USD Keepin’ it simple

As simple as it gets, if you buy into that  “fibonacci crap”…


Top of the Channel

We have reached the top of the channel. I’m watching for rejection and a possible pullback to the 50% coefficient…

Current Fibs In Play 9.28.10

Bigger Picture

When we break our charts down to smaller time frames, our minds tend to forget where we stand in the bigger picture. This chart hangs above my computer to remind me where we are relative to where we have been…  which enhances my decision making process. 

Sunday Night Chart Looking at Value

Doji on the 4hr at 161.8%