EUR/USD ,, Nice bounce?? Talking about a vengeance !!!

George A

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It sure was great to see this good old ship the EURO behave in an orderly manner on the short term trading front.
Sure was exciting to watch the bottom forming last night (Kangaroo land time ,, hahahahaha ) perfectly again on the FIB levels all the way down from its high 5 days ago ,,, and talking about a perfect run down stopping perfectly on every level on the way down making it highly successful move to trade on either the 4 hour ,,1 hour ,, or the 15 mnt ( which is NO surprise when i see it swing after swing ,, day after day) ,,, with a great finale on the 15 mnt chart giving us a great balanced bottom and bouncing with a vengeance 185 points or so to now .
The main reason for my post is ,, Just wanted to SHARE with everyone the power of Fibonacci when used correctly , and as i have said in another thread (and it is to my OWN humble opinion ) that , one CAN trade the FOREX market with it as a STAND ALONE analysis ,, and this run down sure was NO exception to the rule and my finding .
Great trading people ,,
Cheers,
George
 
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