DislikedI always do it that way cuz I've always done it that way... seriously. These old post links may help a little bit ((or confuse you more))
http://www.forexfactory.com/showpost...ostcount=55189
http://www.forexfactory.com/showpost...ostcount=49392
The thing is I draw them one way, look for where I am in agreement with PA over a given TF, and then watch those levels until something changes that dynamic, or it's more convenient to shift the anchors. Happens a lot on the...Ignored
I would have responded to this post yesterday but I fell asleep. I think it was getting close to 3am here in Australia when forex factory went down yesterday.
Thanks for your pm and yeah I still think it was you who mentioned those videos, otherwise I wouldn't have bookmarked them. I could be mixing you up with someone else though.
Just offhand without looking at those two links just yet, I thought that another reason you drew the fib in that direction might have had something to do with linding up the central pivot as close to the 50% line on the fib as possible. I'm not sure if you did it for that reason given what you just said above but I'll read through the two links you've provided.
As always, thanks for your help--it is much appreciated