LOOK on 12/8/2010
High = 1.5713
Low=1.5561
Close=1.5631
Let's make a simple formula to detremine our enter for Friday
I do get this number from L; H; and C
U=0.5917
C or CLOSE is the pivot point on Friday
Ok man
Drag the fibo from the highest to the lowest
and decide to SELL at 78% = 1.5676 FIBO
because last week was a bearish trend
and sure you get 95% probability of success
USE frame: M15