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peterus

04/23/14 1:53 PM

#36809 RE: livinginstyle #36807

will not break old high ????? depends on the news thats is coming bro

ospreyeye

04/23/14 2:37 PM

#36813 RE: livinginstyle #36807

Great information bud and I agree........the breakout level was 0.0030?......or 0.0020?........great discussion..........$$$

ospreyeye

04/23/14 2:45 PM

#36814 RE: livinginstyle #36807

TEMN: Technically speaking 0.0020 would be the start of the run or you could use March 7th low of 0.0014..........look at the chart.......or you could go w/ March 17th......LOD was 0.0018 & close/HOD was 0.0022........looking at the charts I'd say the current run started the end of the 2nd week of March.......the red day on March 26th doesn't end the run and start a new one.......after looking at the charts I'd say you have to go down to the 0.0014 - 0.0018 to the 0.0020 - 0.0022 range..........$$$

The whole debate on the Fibonacci retrace rides on where the run started......if you go w/ my 0.0020 level then the current share price is really a 50% retrace............$$$

vp_007_99

04/24/14 1:30 AM

#36837 RE: livinginstyle #36807

The hardest part about Fibs is where do you place your base. What does the book say to use as a starting point?

Asher78

04/28/14 11:22 PM

#37121 RE: livinginstyle #36807

Umm ok so why wouldn't just drop to the next fib and not all the way to the 100 fib? BTW I think this will drop to the 100fib I was just asking in general.