Dow Jones - Experimental Fibonacci Time Analysis

[Skimbleshanks]

BigInTheCity - another question if I may. You're using hourly charts; how do you account for there being the odd half-hour at the end of a trading day, or do you ignore it?

I've always been wary of using hourly charts for that very reason, and tend to use 30 minutes.

 

[BigInTheCity]

New York time now: 10:00am

Important turning point of day should be in the next hour

Do not trade on this as its on experimental.

 

[genti]

BigInTheCity


please what do you reckon about EUR-USD,

i have no trade in the above right now.

kind rgds
Genti

 

[BigInTheCity]

Sorry mate, i only trade GBP/USD

 

[Skimbleshanks]

Mr City - your theory has worked well so far.

 

[BigInTheCity]

Mr City - your theory has worked well so far.

 

[BigInTheCity]

Another major turning point will be in early trading Thursday, i will give the exact hour tomorrow.

Should be a major bottom aswell

 

[dsmodi]

man - r u gonna tell us what u do ?

 

[marky]

BigInTheCity

Any chance of posting a chart on here so we can see the big picture .

Regards mark

 

[anmolway]

quote:
by biginthecity

Another major turning point will be in early trading Thursday, i will give the exact hour tomorrow.
Should be a MAJOR BOTTOM as well

biginthecity i thought you said the dow was heading towards the 7000's - if so how can we have a major bottom

thanks
anmolway

 

[BigInTheCity]

Sorry mate, i mean turning point, not major

 

[BigInTheCity]

The time is now 09:35 New York Time

My experimental time analysis says the Dow should bottom for the day between 10:30 - 11:30 New York Time