Predictions for june

FX:EURUSD   Euro / U.S. Dollar
118 1 2
Double bottom objective coincides with Fib level !
nicely done sir. Now, I am a punter to be sure, an at-home prop guy, intra-day futures full-time now only two years but, it seems to me, and I'd be interested to hear any opinions or observations on the matter, that we are in the 'year of the fibonacci levels'. I use them to great effect myself. I have long called them my, 'cheerful correspondents' but the cheer is mine, because when they have suited up and shown up more often than not they know precisely on what part of the pitch they are meant to play and play and away they go...... it's as though they've been with the club for ages sometimes. Likely it is just confirmation bias on my part but in this very faddish corner of market participation there can be no doubt we are carried aloft by the market 'over-mind' time and time again while so often thinking that we've just accomplished the opposite. I lie in bed staring at the giant mental chart I've projected above me on the ceiling and imagine that I am a big shot RJR futures trader looking.... looking for the fibs, the stops, the targets of the "dumb money" - anybody who doesn't have 10 years experience and 250 million on hand to play bumper cars with - and I realize how easy it is to take out everybody on the fibs, the pivots, any S&R, every S&R. Pack light. Always keep moving. Don't be predictable.... problem is all the teaching asks us to do the opposite. Just wondering where all this is going to lead is all. Thank you for the space Aymericfr92, thank you for the excellent analysis and giving to us.
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