Recent content by K@pita!

good call on those sells

We all know that fibonacci's and moving averages work so well because they are watched by all and create a self-fulfilling prophecy. They continue to work and we continue to use them. There will always be a majority of people watching similar things. I remember reading in "Market Wizards"...

Plus how many multimillionaire traders that could really affect price are reading this tonight do you think... I doubt they are getting their hot tips from this message board. But for the few people that paid attention, hopefully they make a few bucks.

Well, this is not poker. Actually it could only help me. I made a prediction, it is playing out as expected. If people see that and make the same bet it is going to help push the price in the direction I expect it to go. Am I wrong? Seems like that is the overall vibe I get from...

paused at the 50. Next stop 61.8

Oh, that was quick. Looks like I might not get a piece of that one. I'm thinking this is going to be a crazy week

good indication for the AUD/JPY breakout

I think it is valid. Actually, I think we are under that support and we bumped our heads on it on the 24th and 25th. You wanna talk about some long term support holding, check out the USD/CHF on the monthly, wow. I can't use my good charts with log scaling right now, but it looks like we...

Looks like it will be testing daily trendline support. Looks like there might be some support that started in late '07 as well. I'm thinking very short term on this one, dollar's looking weak.

Appears to be breaking out of symmetrical triangle to upside. using fibonacci from top to bottom of triangle. Stop placed below 38.2 fib, target just before 61.8 fib. Suggestions?

Tomorrow

There is the new (or same) Canadian interest rate coming out Tues): CAD Interest Rate decision has been forecast at 1% and was 1% for the last three times. It is now forecast at 1 again. All three times USD/CAD has risen. They started with a 1-3 min head fake going down some before going up...