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on January 05, 2011

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EURUSD

Just two lines to catch an M and 200 pips....confluence anyone?

What next?

SHI and fibo channels under fibo umbrella:

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Happy new year! You did not forget about the "land mines" formation?How do you think the graph will evolve ?

EURUSD Stay short... down to 1,38250-1,3800

...and .what happened next..... monday 21010-12-13 Another week has gone.Remember last friday when the herd was going to sleep over the week-end?Yes, yes the dogs too!But they were in charge with the transhumans and must be prepared in time! If you check sunday`s(2010-12-12) GPS caption you`ll see that they align along the exit road and are showing the way out.The attentive shepard has already seen that the exit door of the Fibonacci shealter is situated at 78,6 Fibonacci Street with Middle Road SHI.And look!A red bad dog with a red spear is in charge just there at the exit spot!They know from long ago that the herd is reluctant when exiting such a safe and cosy place as a Fibo sheephold.Now look what happens next day at dawn(I mean.... Forex dawn).Next GPS shots were taken when the crowd was going to the door and then come back,nobody wanted to be first!Back and forth...back and forth.... But somebody has to be first!The door is now lar...

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