Simple's Green Room

[simplegreen]

Hey guys..I almost hate to post this but I just a few minutes ago closed my A/U longs for a nice profit at .7170..yep..I was trading against everyone it seems..but first entry was back at .7088 and added to as it crossed and held above daily 50% fib level.That crossing was a setup to make it to 61.8 which is where I closed today.I felt I needed to post this because it was an excellent example of fibs in action.My chart always has a fib box thats the daily as a permanent fixture and it helps keep me out of trouble always knowing the big picture.That needs to be a part of everyones checklist IMO.I was already in long well before I saw everyone going short and you guys had me just about to sweat when I saw that(LOL)
I intend to stay on the side now on A/U for at least a few hours now..the 61.8 could send it deep south but its bullish enough still to see a possible action above the 61.8 to around .7250..gonna wait and see