Fibonacci Trading - Page 51

brad_1199 · #**751** (**permalink**) 09-10-2009, 04:34 AM

Quote:

Originally Posted by Sean Hyman

Brad, the Japanese are going to be furious if you're right on this one. haha! The high JPY rate to USD will tick them off.

If so, we'll hear them come on the news wires and gripe a bit about the exchange rate.

I have no doubt we'll here from the Japanese at some point....

brad_1199 · #**752** (**permalink**) 09-10-2009, 04:39 AM

Check out the daily chart of EURGBP... The down trend line that had previously reversed price lower has now been penetrated upwards and price looks like it could heading back toward major fibonacci resistance at .9164 ---- Price is crossing over the down trend line as I write this post, I expect to see it continue to push a little higher over coming trading days before a quick drop back on top of the broken trend line for a support test... For short and medium term traders, there is up side potential here....

EURGBP DAILY CHART --->

Xiao · #**753** (**permalink**) 09-10-2009, 06:40 AM

Quote:

Originally Posted by brad_1199

Here is the monthly chart of USDJPY

CHART --->

thank you Brad...

brad_1199 · #**754** (**permalink**) 09-10-2009, 09:49 AM

Looks to me like the beast could be headed back to 160.00 for a triple top..

Sean Hyman · #**755** (**permalink**) 09-10-2009, 11:04 AM

50% fib level holding...breaking above the bull flag chart formation too.

See what you guys think.

VINCY BALBOA · #**756** (**permalink**) 09-12-2009, 03:53 AM

Quote:

Originally Posted by brad_1199

Looks to me like the beast could be headed back to 160.00 for a triple top..

Hey Brad...

what do you think On usd/chf...

My Opinion is Quit Bullish.on monthly chart..

what about you...I am just worry about the Usd Ecconmy Can make bull Compare to Switzerland Francs

brad_1199 · #**757** (**permalink**) 09-12-2009, 01:02 PM

Quote:

Originally Posted by VINCY BALBOA

Hey Brad...

what do you think On usd/chf...

My Opinion is Quit Bullish.on monthly chart..

what about you...I am just worry about the Usd Ecconmy Can make bull Compare to Switzerland Francs
Attachment 37099

Take a look back on the last page, I already posted two charts showing the monthly time scale of USDCHF and EURUSD..... The U.S. Dollar has been in a long term bear trend and I see no reason for that to change.... I expect to see new multi-year lows in USDCHF eventually....

VINCY BALBOA · #**758** (**permalink**) 09-12-2009, 01:32 PM

Quote:

Originally Posted by brad_1199

Take a look back on the last page, I already posted two charts showing the monthly time scale of USDCHF and EURUSD..... The U.S. Dollar has been in a long term bear trend and I see no reason for that to change.... I expect to see new multi-year lows in USDCHF eventually....

Ah Thanks.. I have Seen Your Chart Now...

here Is 1:27Am..

And I Agree what you said about Usd Dollar Lont term Bear.. because many other Thing Not make The Dollar index Bullish now..

But In My Chart I made Two Observation You can see The Bullish Bat formation on the Weekly Out Look.. So I was Just a Bit Bullish ..

But as I said I am worry About The Dollar index...

So I Got your Meaning.. Let See The next If That Just go Above 1.4500 or 0.9800....

cheer...

brad_1199 · #**759** (**permalink**) 09-12-2009, 08:33 PM

Here's the daily chart of EURUSD and it's looking pretty bullish !!! ---- I wouldnt be surprised to see price get back up to a new yearly high up the road a bit ....

Blaiserboy · #**760** (**permalink**) 09-12-2009, 11:48 PM

GBPJPY 240 minute Fib Pattern

brad_1199 · #**761** (**permalink**) 09-14-2009, 12:17 AM

The Candles on the monthly chart of GBPJPY are suggesting further down side to be had on the current decline, especially with price unable to sustain gains whatsoever in September, price is now looking substantially weak mid-month and looking to drive home losses heading into the end of the month... The daily chart is now looking greatly bearish and I think price looks poised to drop back towards 140.00 and possibly lower... I think we're going to see price start to drop lower over coming days....

brad_1199 · #**762** (**permalink**) 09-14-2009, 01:37 AM

This is what I think is going on with GBPJPY on the weekly chart.... My gut tells me this massive down trend isn't over in this pair quite yet and price is topped out under fibonacci resistance....

GBPJPY WEEKLY CHART ----->

VINCY BALBOA · #**763** (**permalink**) 09-14-2009, 06:36 AM

Beast Every Point in Fibo use in

brad_1199 · #**764** (**permalink**) 09-15-2009, 12:34 AM

Here is some speculation for the daily chart of AUDCHF.... I will be looking for short positions in this pair up the road a bit.....

brad_1199 · #**765** (**permalink**) 09-15-2009, 01:07 AM

I think there is a beautiful triple correction playing out on the daily chart of NZDUSD... I will also be looking for short positions in this pair up the road a bit....