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What is the Differences between Fibonacci Fan and Fibonacci Arcs 15 replies
1M & 5M Scalping System (Scalping Paradise) 21 replies
Are we living in a fool's paradise? 8 replies
Back From Paradise: Lessons to Learn 19 replies
fibonacci 4 replies
DislikedThom, I'm making a prediction and you're my witness. GY will turn around at 131.72.
BartstopIgnored
DislikedI retooled my daily in a different more standard form... but hear me out... logically price action crashed into a 61.8 kissed the signal line... then pierced and retreated.. would that not signal the orange target.. or the 1.38 of that cycle...
ok mates i am done doing my lab work here but i found this fascinating and it all meets logical thoght as far as I know about fibs.
TKIgnored
DislikedNice idea Thom. A mirror image fib. Normally we would have moved the fib looking short, down to new resistance as the 138 is pierced. Let's see how that pans out.
Thom when you are in your lab, do you wear a white coat? Lol.
MD.Ignored
DislikedA kilt... a coat, a top hat ,godzilla noise slippers and crystal cane mate... the only thing missing from the equation is decent curry. Yanks can't seem to do that right well that and comedy..
Full disclosure... i go off on wild tears with fibs every so often... but I normally come back to simplicity. I have the afternoon free you have anything you want to go over? We can just chew the fat about footie or we could just grab some tickets to rio for a "business meeting" chuckle.
TKIgnored
DislikedG'day...just setting 3 data points in orange... and look what happened...as always touchy fib and data is an issue so i have to allign to visual clues within a 61.8 context. This whole thing is tradeable as a trade fib or a frame work fib to trade in. as always... one pip moves the last line 40000 million ticks, Chuckle. you can just take this thing out to the nth degree... place one fib on our chart... and track it for the rest of your life just from the start of price.
TKIgnored
DislikedGod I hate discos! Agadoo doo doo doo. F*cking shite.
You watching the world cup Thom? I see England have a gift of a group. We have the USA in there but I doubt the yankee boys here will be interested.
MD.Ignored
DislikedHope..? have you tracked the down move from the dbl top yet? in my mind that is super so close i would consider it closed out... or enter with a razor tight top long.
Personally i wait until a swing or two has formed most of the time.
TKIgnored
DislikedYou use the swing fib method to track price right. If not that's what I did with the red fib.Ignored