FOREX - Trends, Forecasts and Implications (Episode 19: September 2012) - page 184

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mathijsen:
Could the 6th week of the no-return also be seen on Fibonacci?
Fibonacci is resting. Took an unpaid holiday and is sunbathing his arse in Turkey.
 
That's what I'm saying. The Euro/bucks TA is not working at the moment.
Reshetov:
Fibonacci is resting. Took an unpaid holiday and is sunbathing his arse in Turkey.
 
mathijsen:
That's what I'm saying. The Euro/bucks TA is not working at the moment.
Was it working before, or was it just hosing it down?
 
mathijsen:
Could the 6th week of the no-return also be seen on Fibonacci?

Well of course you can see it all on the Fibo levels. And by the way 1.32 is not a good level. The maximum we can go up to 1.3340, but we will flit at the ill-fated 1.32. And if the Evra wants to go up (1.42 for example), we will see <1.3000.
 
mathijsen:
That's what I'm saying. The Euro/bucks TA is not working at the moment.

And you're wrong about the no-return thing. There is a big difference between a pullback and a correction. Where were you in December 2008 when the EUR was going up to 550 points a day without pullbacks and corrections, that could be called a no-bounce movement (rally). And now what, it's quite a natural movement.
 
Well, what do you think it is, a pullback or a correction?
 
So the shakeout is over, back to the buy or since this morning ?
 
BeerGod:
Has the shake-out passed, are we back in the buy?
what was the sausage about?
 
Quiet as an arsehole.....Where is everyone?
 
Gizmo:
Quiet as an arsehole ..... Where is everybody?
Here we are))) There's just nothing to discuss)))
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