Hi freo - call me Murdoch :)I don't trade - just trying to learn...

Hi freo - call me Murdoch :)

I don't trade - just trying to learn the Fib sequence. As saw STMTS use it to great effect.


TO me I have the fulcrum at 70c with a high at 88c and a higer low at 65c. (not sure if sp's are on closing or intra-day trading) so my figures could be wrong.

SO to me we may have had the higher low and are now looking for a dip below the fulcrum and then on the ssecond pasing of the fulcrum (70c) its a buy signal.

I think we are good anywhere near 70c