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Fibonacci Paradise

  • #1,581
  • Jul 30, 2010 5:30am Jul 30, 2010 5:30am
Thanks Eggster and MisterDaz. Case in point, the EURUSD post, target was not hit before SL. Makes perfect sense.

K.I.S.S.
  • #1,582
  • Jul 30, 2010 5:34am Jul 30, 2010 5:34am
Skunny's goal was to provoke thought....Sooo,why the EU bounce??

Was it the inflation news? I don't think so..

Planetary alignment?? quite possibly, but I don't have a clue


Or maybe a Fib Target.



Keep thinking,

Egg
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  • #1,583
  • Jul 30, 2010 5:55am Jul 30, 2010 5:55am
Quoting ThomKnight
Sigh I banged up that uchf., but on a brighter note. on mds voucher i just got the Steve Jobs 4 cellular so i only have IB and forex .com right now on my phone...which are brilliant coming from android. I will come back and figure out what I made a right mess of on that chart once i get a tradestation.


Tk
Mr Thom,

FYI.

G'day chaps. Going biking today with my GF. Cheers!
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Jeremiah WAS a bullfrog.
  • #1,584
  • Jul 30, 2010 5:57am Jul 30, 2010 5:57am
Quoting Eggster
Skunny's goal was to provoke thought....Sooo,why the EU bounce??

Was it the inflation news? I don't think so..

Planetary alignment?? quite possibly, but I don't have a clue


Or maybe a Fib Target.



Keep thinking,

Egg
Yes. I think you went back a ways to get that fib. Or maybe dialed down from a higher tf. I'm starting to see this deal now.

K.I.S.S.
  • #1,585
  • Jul 30, 2010 6:06am Jul 30, 2010 6:06am
Here is an example much like Misterdaz post #23. Is the 618/382 fib set up an inferior play? Or is it that the trade noted on Post #23 was counter trend?
K.I.S.S.
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  • #1,586
  • Edited 6:40am Jul 30, 2010 6:07am | Edited 6:40am
Hey mate, this is the kind of thing that is causing me headaches. If I can iron this out I will have more confidence in what I am doing.

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MD.

Edit: Sorry Egg, from your post I can't quite see what levels you have hitting the fib line so this post might be bollocks.
Keep smiling
  • #1,587
  • Jul 30, 2010 6:08am Jul 30, 2010 6:08am
Quoting 3 Dog Night
Mr Thom,

FYI.

G'day chaps. Going biking today with my GF. Cheers!
I don't understand your chart Bud Fox but I'll get there bro! Wouldnt you rather have your montor spit out Sterling? LOL!

K.I.S.S.
  • #1,588
  • Jul 30, 2010 6:14am Jul 30, 2010 6:14am
Guys,

Can somebody please give an example of "Nested Fibonacci". I have been looking for materials all around by just not able to get any of it. I understand Fibs well but not sure what this nested one means

Thanks and Happy Trading
  • #1,589
  • Jul 30, 2010 6:37am Jul 30, 2010 6:37am
Hi Falkor

This is a thinkers thread, have you thought of Google?

Sorry, I like to have fun. Google seems to have some stuff ,I have no idea what they are talking about.

Quoting falkor
Guys,

Can somebody please give an example of "Nested Fibonacci". I have been looking for materials all around by just not able to get any of it. I understand Fibs well but not sure what this nested one means

Thanks and Happy Trading
  • #1,590
  • Jul 30, 2010 6:42am Jul 30, 2010 6:42am
Quoting KissFan
I don't understand your chart Bud Fox but I'll get there bro! Wouldnt you rather have your montor spit out Sterling? LOL!

K.I.S.S.
Mine would spit out Jessica Alba.....naked!

MD.
Keep smiling
  • #1,591
  • Jul 30, 2010 6:46am Jul 30, 2010 6:46am
Quoting Misterdaz
Hey mate, this is the kind of thing that is causing me headaches.

MD.
Why the headache?

Step by step, we may get to your fib placement, we may not. Time will tell!

Bart said (wrote) it yesterday.

I find it intelligent (not saying I am intelligent) to know where the roadblocks are and judge the importance (relevance) of the detour.

How is that for cryptic
  • #1,592
  • Edited 7:24am Jul 30, 2010 6:55am | Edited 7:24am
MrD

"Edit: Sorry Egg, from your post I can't quite see what levels you have hitting the fib line"


Ohhh I didn't notice, I thought it would help people see it for themselves.

But, it was nice of you to relieve them of the experience with your charts. LOL
  • #1,593
  • Jul 30, 2010 7:05am Jul 30, 2010 7:05am
Quoting Misterdaz
Mine would spit out Jessica Alba.....naked!

MD.
lol! That would get me in trouble Misterdaz.

K.I.S.S.
  • #1,594
  • Jul 30, 2010 7:31am Jul 30, 2010 7:31am
Current view. I'll bet Checkz is watching this too.

K.I.S.S.
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  • #1,595
  • Jul 30, 2010 7:48am Jul 30, 2010 7:48am
Quoting Eggster
MrD

"Edit: Sorry Egg, from your post I can't quite see what levels you have hitting the fib line"


Ohhh I didn't notice, I thought it would help people see it for themselves.

But, it was nice of you to relieve them of the experience with your charts. LOL
I think there were a few killings on the old thread over "cryptic comments". lol. Eggster, no more smartass comments, smartass!!

MD.
Keep smiling
  • #1,596
  • Jul 30, 2010 8:03am Jul 30, 2010 8:03am
Quoting Eggster
Hi Falkor

This is a thinkers thread, have you thought of Google?

Sorry, I like to have fun. Google seems to have some stuff ,I have no idea what they are talking about.
I have never taken anybody's spoon-feed. I have tried everything I could. Googled it, but not finding anything on "nested Fibonacci". Nothing worthwhile.

Actually its not hard to imagine how to do it, I could easily devise some rules for myself. What I want to check is, if there is any accepted method out there.

So checking up with traders on if and how they use it.

Regards,
  • #1,597
  • Jul 30, 2010 8:49am Jul 30, 2010 8:49am
Quoting KissFan
Current view. I'll bet Checkz is watching this too.

K.I.S.S.
Yes sir im watching and trading it live.
  • #1,598
  • Jul 30, 2010 10:15am Jul 30, 2010 10:15am
Hi Fibs trader,

This is only my view,
GBPUSD almost reach it's peak before retracing down.
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Let's see.

Cheers.
FP
  • #1,599
  • Jul 30, 2010 10:28am Jul 30, 2010 10:28am
Quoting funpip
Hi Fibs trader,

This is only my view,
GBPUSD almost reach it's peak before retracing down.
Attachment

Let's see.

Cheers.
FP
Agreed, I have 3 fib targets aligned there.

http://www.forexfactory.com/showpost...postcount=1541
  • #1,600
  • Jul 30, 2010 10:41am Jul 30, 2010 10:41am
Quoting Misterdaz
I think there were a few killings on the old thread over "cryptic comments". lol. Eggster, no more smartass comments, smartass!!

MD.

My father told me "If you don't have anything intelligent to say, don't say anything at all!"

Which would be the reason I had only 2 posts in the first 3 years on FF.
(slow learner)

But I think he was referring to my sarcastic remarks.


My take on the "cryptic comments": the more cryptic they are, the more worthwhile they are to figure out.

Only if you figure them out yourself will they no longer be cryptic.

Does that make any sense?
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