Bonds, Currencies, Commodities and Index Futures Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: verdad who wrote (2786)	3/21/2003 1:00:25 PM
From: Chip McVickar	Read Replies (2) of 12411

verdad, Here's a chart on the Aussie dollar Notice the Gap ... the support line, the 50% retrace and a red-fork median line are all collected in one area. After the lavender-forks lower tine is reached, we might see it head further down if the fundamentals suggest weakness. We don't know for sure if it will get there...., but this area would be a natural target for traders. Wouldn't you think....? Also worth noting is the activity around the Gann 25% line, both above and below. Then the lavender-forks lower tine is connected with a Fib retracement of 0.382 This all followed the initial move higher to the lavender-forks median line off the low of 52.35..... to a "Natural" Fib 1.618 extension high of 61.362. Here's a link stockcharts.com[h,a]dahannay[dd][pf][J11003364,Y]&pref=G

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next