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Fibonacci Paradise

  • #1,361
  • Jul 16, 2010 7:31am Jul 16, 2010 7:31am
BTW - 1.3000 just hit on EURO i remember someone predicting here in an earlier post
Time hides Nothing
  • #1,362
  • Edited 7:37am Jul 16, 2010 7:35am | Edited 7:37am
Sorry for biting your head off. The EA comment didn't sit well with me. Now I see that is was a joke. My apologies.


Also, I'm in a bit of draw down which is toying with my emotions.


Eggster, I know. READ THE BOOK.
  • #1,363
  • Jul 16, 2010 7:36am Jul 16, 2010 7:36am
Looks like the blue GY 50 is holding.
  • #1,364
  • Jul 16, 2010 7:41am Jul 16, 2010 7:41am
Quoting bartstop
Sorry for biting your head off. The EA comment didn't sit well with me. Now I see that is was a joke. My apologies.


Also, I'm in a bit of draw down which is toying with my emotions.


Eggster, I know. READ THE BOOK.
No need I understand I came accross the wrong way - knocked off for the week so just messing around.
Time hides Nothing
  • #1,365
  • Jul 16, 2010 7:50am Jul 16, 2010 7:50am
Quoting CindyXXXX
Ammended... Now take a support/ resistence and look for the extention to get hit... Nice and conventional

Lets presume the reistance was broken before hitting the extension

Now, without changing the range from (0 - 100) move the support (0) to the old 100 level that was broken... If support breaks move the resistence to support and vice versa See how many times this repeats

Its just interesting thats all -
I remember Skunny saying that the market makes new support resistance levels all the time (duh!) and you need to follow along otherwise you're using poor information to trade (annoying hearing that when you have no clue what hes on about).

And that smaller ranges will give way to bigger ranges, which is why you need to know what the bigger picture is doing.
Time hides Nothing
  • #1,366
  • Jul 16, 2010 7:51am Jul 16, 2010 7:51am
Cindy,
What we want to do is see clearly as possible,

I am going to suggest cleaning up your Fib removing the 161.8's and adding the 50.

You may say ...noo way that 162 hits all the time... truth be told all fib extensions "get hit all the time"

We must see the forest through the trees, butterfly.
(i hope your a girl and not some weirdo)

Then what happens after the 138 pierce?
  • #1,367
  • Jul 16, 2010 7:52am Jul 16, 2010 7:52am
Quoting CindyXXXX
No need I understand I came accross the wrong way - knocked off for the week so just messing around.
Feel free to discuss "outside the square" ideas. Sometimes the crazyist end up being the best.

God knows I've come up with some off-the-wall chit.
  • #1,368
  • Edited 8:02am Jul 16, 2010 7:57am | Edited 8:02am
Quoting Eggster
Cindy,
What we want to do is see clearly as possible,

I am going to suggest cleaning up your Fib removing the 161.8's and adding the 50.

You may say ...noo way that 162 hits all the time... truth be told all fib extensions "get hit all the time"

We must see the forest through the trees, butterfly.
(i hope your a girl and not some weirdo)

Then what happens after the 138 pierce?
You will be happy to know I'm a weirdo

But not your typical weirdo ... I go off the shizzle

Don't worry I get that all the time

I like the two extentions cause its like the inner zones... but on the outta...

Why do I need the 50 I know its there in the middle
Time hides Nothing
  • #1,369
  • Jul 16, 2010 8:12am Jul 16, 2010 8:12am
So weirdo

You're going to be difficult... keep your extensions and don't put the 50.

Hope the trees don't hurt when you run into them!
  • #1,370
  • Jul 16, 2010 8:15am Jul 16, 2010 8:15am
Quoting CindyXXXX
I like the two extentions cause its like the inner zones... but on the outta...


Like sooo... I put no faith in magical numbers in the market... Fibs are just convienient ways of drawing support and resistance to me

Prove me wrong
Attached Image (click to enlarge)
Click to Enlarge Name: Clipboard01.jpg Size: 131 KB
Time hides Nothing
  • #1,371
  • Jul 16, 2010 8:17am Jul 16, 2010 8:17am
Post 1303 "If we don't get a nice bounce on GU at 1.5477, I'll eat Thoms other shoehttp://cdn.forexfactory.com/images/smilies/peace.gif"


In the future I Will use qqqqquestion mark. for all the anal itics 1.547??
  • #1,372
  • Edited 8:44am Jul 16, 2010 8:21am | Edited 8:44am
Quoting Eggster
Post 1303 "If we don't get a nice bounce on GU at 1.5477, I'll eat Thoms other shoehttp://cdn.forexfactory.com/images/smilies/peace.gif"


In the future I Will use qqqqquestion mark. for all the anal itics 1.547??
aight homie I will make it my first destination when I finally decide to go waste some time, but just for kicks I hav removes my 618 extentions and added the 50 wow looks like a fib... I'm gonna do some testing with it... not that I know what I'm testing, but I will start drawing... I will crack this nut

Any starting points for me S/R from today or something?
Time hides Nothing
  • #1,373
  • Jul 16, 2010 8:23am Jul 16, 2010 8:23am
First you gotta believe,

so start with any high or lo and away you go
  • #1,374
  • Jul 16, 2010 8:26am Jul 16, 2010 8:26am
Does this DJIA chart help you to believe in the cycle?
Attached Image (click to enlarge)
Click to Enlarge Name: dow cycle.gif Size: 19 KB
  • #1,375
  • Jul 16, 2010 8:40am Jul 16, 2010 8:40am
Quoting Eggster
First you gotta believe,

so start with any high or lo and away you go
Thanks guys gonna do some testing
Time hides Nothing
  • #1,376
  • Jul 16, 2010 8:44am Jul 16, 2010 8:44am
Quoting CindyXXXX
Would you be offended if I said no... You can obviously see something I can't there cause all I see is a random high that goes to the target
No, not offended at all.

Every line on that fib was respected. Once that 0 was pierced, the 138 was inevitable.
  • #1,377
  • Jul 16, 2010 8:46am Jul 16, 2010 8:46am
You probably doubt that the cycle will complete because you've seen it fail time and time again. Am I correct?
  • #1,378
  • Jul 16, 2010 8:49am Jul 16, 2010 8:49am
Quoting bartstop
You probably doubt that the cycle will complete because you've seen it fail time and time again. Am I correct?
Correct... But I never would have drawn the high where you did
Time hides Nothing
  • #1,379
  • Jul 16, 2010 8:54am Jul 16, 2010 8:54am
.
Attached Image (click to enlarge)
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Time hides Nothing
  • #1,380
  • Jul 16, 2010 8:57am Jul 16, 2010 8:57am
Quoting bartstop
Looks like the blue GY 50 is holding.
WROOOOOONG!
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