Three Line Break is a little known form of technical analysis. It helps find trends and show whether they're about to form or end.
Wednesday, February 3, 2010
DXY Fibonacci Levels (Major and Minor)
This is a quick look at the dollar with what I call major and minor fibonacci levels. The major levels use the usual fibonacci levels while the minor uses the same levels divided by 10. Fibonacci works on all levels so this is similar to "waves within waves".
In the same way in which it is impossible for a mathematician to specialize in triangles and to neglect the study of circles, it is impossible to be an expert on wage rates without at the same time mastering the problems of profits and interest, commodity prices, and currency and banking.
Economic Freedom and Interventionism, p. 234 Ludwig Von Mises
thanks amenra
ReplyDeletefor your further dxy enjoyment:
http://evilspeculator.com/?p=14451
You're down with OPP Amen Ra!
ReplyDeletecv
CV
ReplyDeleteYeah you know me :-)
Thanks AmenRa ... Late to the party but, more Dollar P3 Up commentary here, hat tip Master33 @ Kenny's...
ReplyDelete"Who's down with OPP (Every last homie)!"
2small2bail
ReplyDeleteI'm going to have to take some time and go through some of her videos. Thanks for the link.