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simplegreen

10/09/13 5:41 PM

#123803 RE: pennies2007 #123802

Well done pennies..good chart and well analyzed but you still don't get a raise..100 Zimbabwe dollars a month has you topped out on wages(LOL)

Qui-Gon Kagi

10/09/13 6:07 PM

#123804 RE: pennies2007 #123802

Pennies.....thank you! I don't have time to read your reply right now; busy, busy......but I will be getting back to it here over the next couple hours to discuss maybe if you aren't in bed already catching up on your sleep since you didn't apparantly get any last night.

boca_bobby

10/09/13 6:43 PM

#123806 RE: pennies2007 #123802

EA looking ready for a deep retrace, imo....

Qui-Gon Kagi

10/09/13 8:35 PM

#123838 RE: pennies2007 #123802

Ok pennies........you were lining up your fibs off that previous weekly low which threw me off because it wasn't where I'd expect to lay a fib tool off of. I would have thought that only 150.28 or the bottom of the weekly demand zone I have in mind would work for bottom to top fib measure or maybe even the next true demand zone below that even .

Anyway, I see that I'm ignoring previous zone areas once they are made old by a new wave. They still count and I need to leave old zones on my chart.

Now looking at the chart in retrospect, it was an obvious good place to take the trade. Not just the 88fib but the 4 hour demand zone which was good for a bounce. At least the TRIX (5/2) and (7,5) is helping me to find confidence in those zone setups. Thanks again for the chart.