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Thursday, May 27, 2010

Fibonacci



October 11th 2007 - 1576.09
March 6th 2009 - 666.79
April 26th 2010 - 1219.80

10/11/07 to 3/6/09 (17 Months)
61.8 % - 1228.74
50.0 % - 1121.44
38.2 % - 1014.44


3/6/09 to 4/26/10 (14 Months)
38.2% - 1008.55
50.0% - 943.30
61.8% - 878.04

Of course if I had no idea
what was going on fundamentally
I might draw the Andrews Pitchfork like this.



Analysis presented on this Blog has only informational, and educational purpose, and does not represent a proposal for buying or selling currency contracts.

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