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Forex Price Action
Wednesday, September 9, 2009
Fib pivots are applied and looking to 50/62 zone or conflunece of weekly R2 and daily S1.
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In this pic notice the PLOD line in deep blue at 1...
An example of how important it is to look at the p...
This is the first setup I'm seeing in the opening ...
We are looking at a retest of the previous day hig...
This shows the 50 PWMM being hit projected off of ...
Price is just short of the 50/62 PDMM zone. This c...
Setup that has already been hit at 50 PDMM.
This a look at a range chart. This would be much e...
Bouncing the inner fib levels. Typical of an insid...
Short target zone at 50 PDMM is hit with a little ...
Target hit.
Update: Price has moved a little higher than the ...
Fib pivots are applied and looking to 50/62 zone o...
The first signal of the day is a long after the ne...
In this 15Min chart you see a dbl top that is agai...
We are now seeing a dbl top against 61.8 PWMM proj...
Here we have price hitting the 61.8 PDMM level as ...
In this 4Hr chart we see the weekly pivots and the...
You can see in this shot that price hit the initia...
This is a 15 min chart showing the 61.8 level bein...
The August 100 PMMM level was hit meaning another ...
New setup for GY. Watch the 50/61.8 zone as its in...
38.2 retracement of the daily low to high.
This is a short listing of some of the terminology...
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Looking at the monthly fib pivots he...
In this pic you see the 61.8 PMMM level hit when t...
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