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Old 01-30-2008, 11:53 AM
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Sweet Pip Sweet Pip is offline
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Join Date: Nov 2007
Location: BC, Canada
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Please clarify... in Hypos63 chart, he's drawn his grid from the 27th 10970 to the 28th 10880...a downtrend. Now isn't the grid supposed to go from 100% down to 0% so the retrace goes back up goes from 0 to 100%, and we either like it best when it reaches between 61.8 or 74.6? Then somewhere in there we place our trade as our best guess that "probablility wise" that it's the top and will continue down again?

In this chart, the grid is backwards when the retrace is going back up through the grid isn't it? ...

http://md5.it-finance.com/MDV6/showi...852523&print=1
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