14 Year Old Forex Trader's Lessons

Quoting bumapatria

Disliked

lol nice one

fib time projections are better off ( IMO) by using classic bar counts of fib sequences of 1, 2, 3, 5, 8, 13 etc.. i start at 5 or 8 and above and count multple swing highs and lows either to countertrend or enter the trend

and also things tend to happen at clusters of the time projections.

so just give it a shot count bars from highs and lows

Ignored

Quoting Taigen

Disliked

Is that something you are doing for fun or is there some mathematics involved in relation to the fib sequ and the fib ratio which of course is 1/0, 1/1, 2/1, 3/2, 5/3... etc.? I don't see the connection.

Ignored

Quoting bumapatria

Disliked

only time traders and cycle traders fine use of it. traders who only trade price is another case Mr. taigen.

but yes it is mathemetically and scientifically an important sequence in numerology and maths

Ignored

Quoting Taigen

Disliked

I didn't ask if the Fibonacci numbers were important. I asked if it was relevant. I don't see the relationship at all.

Ignored

Quoting bumapatria

Disliked

relationship to price movement you mean?

Gann;s theory is that price is equivalent to time. therefore what u can do with price u can do with time. based on the theory.

if u can relate fibonacci ratios (they're actually planetary btw) to price swings, u can do so to time as well. Fib sequences are one example. Using ratios to time can be used as well but i wont get into that.

but heres a chart and to those who can read it - its all in there the way i do the ratios with time and fib sequences.

this one is a pretty good example

Ignored

Quoting Taigen

Disliked

The fibonacci sequence and the fibonacci ratios are two different entities and the fr is set in an x-y plane of fr:time respectively and then you are spacing time interval to the fib sequence in relationship to what? How are they mathematically related?

I'm probably expecting a little too much from you. You are bright but still 14.

Ignored

Quoting Taigen

Disliked

Bumapatria,

It sounded like I was dis'ing you and I'm not at all but do apologize if it came across that way.

Ignored

Quoting bumapatria

Disliked

you are asking me to explain the relationship of harmony of time in the markets?
yikes! thats a big question

to me time preceeds all. as the universe was created - time was too. or was it also "there" before. we do not know, but what is for sure known is that time is ancient and everlasting (i think until nnow lol).
Time can be described or theorized as the 4th dimension. time is a unit of motion that can be described how long or how short time-wise something is. like a heartbeat, or a racecar on a track, how long it takes for you to...

Ignored

Quoting Taigen

Disliked

Bumapatria,

You are bouncing all over the planet and even the universe. The question I am asking is much simpler than what you are talking about. You are being way too general and esoteric for a specific problem. the fr is (if I can recall) (1+sqr(5))/2 . Of course the ratios used in trading are derived by the formula using the exponents 0,1,2,3,and 4 (it's been awhile since I've done this stuff but I think those are the actual exponents). How is the sequence F(s) = 0,1,1,2,3,5,8... mathematically related to F(r) = the given function?

Ignored

Quoting bumapatria

Disliked

darn it i thought it was what i answered.

well the fibonacci sequence is this 1 +1 = 2. add the previous number to the result. 2+1 = 3. 3 +2 = 5. 5 +3 = 8. 8 +5 = 13.

and so on. and they all lead to the ratio of 1+sqr5/2 1.618 when started with different numbers whcih i forgot apparently.

Ignored