Friday, March 02, 2012 1:29:46 AM
I think I'm going to give up using anything other than my own extensions for trades and that being 1.272, 1.618, 2.618. This first chart was where I took the 100+ pips the other day, the second chart is what I see now on AJ (similar things on GJ and AU). I set my fib tool up to have both positive and negative extensions (didn't really know you could do that) so that up top projected up I have 1.272, 1.618, 2.618, and on bottom projected down I have .272, .618, 1.618 (they are named 1.272, 1.618, and 2.618 since they start at the bottom) so that way they are equidistant from each other. When I do this look at the bottom AJ chart at the top 1.618 and the bottom 2.618. This is why I added here on AJ.
I believe in that last chart that tells me that this is a perfect AB = CD pattern.
I believe in that last chart that tells me that this is a perfect AB = CD pattern.
the government cannot give anything to anyone -- that they have not first taken away from someone else.
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