I am going to start trading again and I remember I bought his lessons before but I was always so unsure about them and never actually used anything of what I learned from him.. This is his website: http://www.fibmaster.com/
Basically he uses the fib tool to completely clutter up the timeframe, he uses it every top and bottom, s&r he can find, once everything is super cluttered up he will look for the biggest clusters where all the fibonacci levels are closest to each other and draw a line there which he will use.. then he removes all the fibonacci lines the tool has made so the graph is clear again.
Do you think this is better than the tradiotional way of using fibonacci tool that you learn pretty much everywhere like babypips and investopedia?
Basically he uses the fib tool to completely clutter up the timeframe, he uses it every top and bottom, s&r he can find, once everything is super cluttered up he will look for the biggest clusters where all the fibonacci levels are closest to each other and draw a line there which he will use.. then he removes all the fibonacci lines the tool has made so the graph is clear again.
Do you think this is better than the tradiotional way of using fibonacci tool that you learn pretty much everywhere like babypips and investopedia?