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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Sunday 1 July 2012

50% time retracement approaching.I had speculated on 50% time,50% price conjunction but clearly that is not to be.A 1/8 price retrace would come in at 1377.5,close to the 1381  78.6% retracement (1576-666)


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4 comments:

  1. Simple1 July 2012 at 00:05

    Hello,

    Could you please recommend a book about time ratios? This bit of fibonacci is still missing in my library. I have posted something related on tvix. http://gameofsimplethings.blogspot.co.uk/2012/06/tvix_30.html

    Thanks
    Viktor

    ReplyDelete
  2. Chartrambler1 July 2012 at 00:29

    Hi. Robert Miner is good (Carolyn Boroden similar) and so is Bryce Williams

    ReplyDelete
  3. Chartrambler1 July 2012 at 00:32

    whoops I meant Bryce Gilmore

    ReplyDelete
  4. Chartrambler1 July 2012 at 00:33

    http://www.4shared.com/office/vC9BcHEq/Dynamic_Time_and_Price_Analysi.html

    ReplyDelete

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