FiboLoki explains it all (AP theory and I)

[FiboLoki]

this week has been crazy, so no Garuntees. However it is moving nicely toward target.

[FiboLoki]

I just happened to discover this correlation between the AP medians of my AP technique and the Fib retracement levels. I look for the AP medians to act as support or resistance, a basic pivot point like the Fibo levels.

These projects however are from months in the past to the present and beyond, the odd magic of the AP phenomenon. I was really shocked to see how the AP lines crossed so perfectly the Fib levels I perceive to be the possible pull back targets in the first place. Hopefully adding some validity to the argument of reaching such a level.

Anyhow, just thought I would share this small aspect as I understand my methods of using AP and Fibs are somewhat unconventional. However, by hook or crook, it seems to do an awesome job of lining up targets and hitting all the pivot levels nicely. You can see how even the flag patterns are usually outlined by converging AP medians (giving us those Flag and Pendant patterns I believe).

Anyhow, check it out. Share your thoughts if you like.

[FiboLoki]

Here is today's AP for June 30th

Updated with Tueday's EurUsd

[FiboLoki]

Here is the updated AP for July 1st, as you see even during a major News release, the AP's median remains intact.

[FiboLoki]

Better look at the daily

[FiboLoki]

Here ya go.

[FiboLoki]

Here is today's fork.