Euro looks bullish

Discussion in 'Forex' started by Doji7, Jan 11, 2011.

  1. targus


    I should have got out on the first low, so I am waiting for a next high, according to my fibs on the daily eur/usd has rejected the 100 fib, am I right here?
    I see you like fibs. I would like to learn more about fibos. Obviously, I am new to trading. I am still addicted to moving averages for now). However, I am beginning to look at inside/outside bar price action on the daily which I find interesting, they do work.
    Fibs are very reliable for some reason. Am I right on the daily fib rejection level?
    #21     Jan 30, 2011