I plan to start looking for some downward swings if price makes it to the .80111ish level.
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DislikedI plan to start looking for some downward swings if price makes it to the .80111ish level.Ignored
DislikedOnly for people who understand how to size a trade correctly and don't think that Money Management is JUST about controlling their losses.Ignored
DislikedI think the biggest issues are knowing how to draw the fibs correctly and knowing why a fib failed to reach it's target.Ignored
DislikedQuite a different subject . . .
The biggest issue is people don't know how to test and have no concept of what constitutes consistency . . . they try a dozen pulls and they think they have it figured out. Even Sizz/Thom could maybe get 12 pulls correct . . .Ignored
DislikedOk, this question is for Skunny, Cycle62, Cycle138, Brunite, Gridtrader, 3dog or whoever is in the know.
In my backtesting, I've seen swings end perfectly on the 138. I've seen them end perfectly on the 161. I've also seen them end somewhere in between. We know that larger timeframe fibs rule the smaller ones so I'm assuming that has something to do with it. I just want someone to clear this up for me. Do all swings end on the 138, do they sometimes push past before price reverses (as I believe they do)?
PM me if you don't want to answer...Ignored
DislikedAll cycles end at 138. You see it stop at other levels is the reason why because you are not playing the correct court. Fibbing different timeframes is one way to identify the court, playing, you are. Used to triangulate those courts, fibs are. Yeesssssss.
c138Ignored
DislikedWhat about post 137? Skunny showed this chart and said the move was over but he used the 162 instead of the 138.Ignored
DislikedThat honestly makes sense thank you. This is something I always was wondering because I remember when skunny said that the 162 becomes irrelevant down the the road. Thank you for the answer cycle 138 and anything else you may be willing to help us with. Even though your posts are short they really do help. Is there anything you can say about advanced fibbing that we havent been shown?Ignored