Again here is an example of the fib you are talking about that looks like it is failing, then when broken down in to the GR it does not appear random at all Getting statistics based on "zones" is VERY different from understanding what is ...

Let me try and illustrate better If we call the yellow lines price, then wouldn't the *fib number/default MT4 tool* look "random and arbitrary where as the tool that is divided only in to the GR. Does that make sense? All I am showing here is ...

The point I was trying to make is that when you break down the fib numbers (take 34/21) it comes close to .618 (lets call it .62) .....and what is that number? It is 62% 62% out of what? 62% of 100% What is left over? 38% 62+38=100 and this can be ...

What is BayView trading? I think what most people miss when talking about "fibs" is that the numbers lead to Phi. ***The real discussion should be about the golden ratio. When you put the stock MT4 GR tool on your chart it makes no sense, in-fact ...

H1 Long — Keep track of this one Yellow=Buy zone Red Line=Stop loss Green Line(horizontal)=Take Profit (use 5pips under for safety) Vertical line and purple square= When price will reach TP

Long First TP .382 LVL If broken just keep the trade live till it stops at .382 lvl Green TP Red Stop

What a well behaved pair we have today

Going to get some sleep got to let the trades simmer! Good luck everyone!

We should not break .4049 before we see .4434 -We may dip a bit and make 1 or 2 more swing lows before reaching .4434 and will be nice long opportunities! Looks like you just got your test of 57

D1 Long — Here you are friends Yellow:Buy zone Red:Stop Green:TP at .382 (If no swing high is made I will take it to the next .382 )

Down with the DOW All of this volatility is making for some very profitable moves.

Wow...there will be a LOT of money to be made...just make sure you are on the right side of it

Complete — Closed short from post:4828730 for now. On TP.

Off to bed, have to let the trades cook for a bit Here are chart links for any stragglers: post4828843

If you have missed the short boat and would like to get in it, it looks like there will be a nice opportunity coming up in the next few hours....as long as this candle is a swing low. Here is the upward tracking chart: Once price reaches the green ...

That is the most accurate thing posted in this thread ha.

You know, I think the creative aspect of a musical background has shaped a way of looking at things. Very much so a process of elimination to decipher "what causes what". The main difference is that I trade to fund musical costs like studio ...

Correct Do you play as well?

That is exactly the reason I have not given it out till this point but I do like to post a few calls from time to time, just to make some money for the people that are lazy and just follow calls....gotta toss them a bone

Ah...I had just posted the wrong one that I took the short based on...I just changed it for the target short -It is just a symmetrical fib tool that I use, but with proper measurement I get dang near to the pip swing highs and lows. Many years ...