Replies to post #49647 on Simple's Green Room

[pennies2007]

I just added more a little below 1.44.

I'm thinking we turn sooner rather than later. Check out this daily chart with the long term trend line extremes drawn in on top and bottom.

We're there now. :-)

My average is now under 1.45.

SWEET!

[live2trade]

Daiello I was looking at some charts and I don't know how correct my figures are but this thing looks like it could drop to the 41 area before a bounce. That would be a retracement around the 38% mark on fibs from the last run. Do you have anything different?

[strongtower]

Could be Jan or we could get a huge gift next week for Christmas. I have never seen any US holiday that didn't come with a wild swing. Since we are down like 700 pips from top I see if there is a run next week it will be in our favor.