Conversation Between Pipcrawler and Pip Wolf
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Hey Pipcrawler, not sure if this is the best way to get in touch with you. I've been watching USD/CHF for a few days now. It's hitting resistance at about 1.13, which happens to correlate with a 0.500 Fibo level on the daily chart when drawn between 08-DEC-2008 and 29-DEC-2008. I think it's a good time to short (in fact I have done so already). Just an idea, and I wondered if you had seen the same setup and were planning on acting upon it. If not, why not? I'd love to hear your thoughts. Thanks! Pip Wolf.