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Fibonacci Indicator? Is it a big Joke?

  • #121
  • Oct 18, 2015 7:08am Oct 18, 2015 7:08am
What up My Man,

Yeah Bro.... All's good here... Laying low for the most part. I've been keepin' up with ya through your post. Keep ya head up my Brotha.....

Quoting albchr
{quote} LOL ... yeah, that's it Joe. ... how ya been brother? Long time man.
SPC * Swollen PocketZ Crew!
  • #122
  • Oct 18, 2015 7:10am Oct 18, 2015 7:10am
Quoting albchr
{quote} Happy Accidents? Reminds me of Bob Ross and the joy of painting. ... Nice curve you have there buddy. Why is it we're always peddling uphill? ...
GM Chris
OMG you remembered Bob.... He was exactly whom I was referring
In trading, you have to be defensive and aggressive at the same time
  • #123
  • Oct 18, 2015 7:11am Oct 18, 2015 7:11am
Quoting Bones
Oh right yea ,I couldn't be drawing something like that lol {quote}
There was a time I simply wrote the open a piece of paper. Got to be a pain when dealing with 10+ pairs though. Ahhhh ... getting old and lazy I guess.

Anyway, I've hijacked this thread enough. Best wishes to all this week.
Ghost Rider - WWTBMD?
  • #124
  • Oct 18, 2015 7:13am Oct 18, 2015 7:13am
Quoting Davit
{quote} GM Chris OMG you remembered Bob.... He was exactly whom I was referring
Good morning mi amigo ... Remember him? I watched every episode I could brother. Great talent wrapped in a wonderful human being. ... Kind of like you.
Ghost Rider - WWTBMD?
  • #125
  • Oct 18, 2015 7:14am Oct 18, 2015 7:14am
same to you Chris ,

Quoting albchr
{quote} There was a time I simply wrote the open a piece of paper. Got to be a pain when dealing with 10+ pairs though. Ahhhh ... getting old and lazy I guess. Anyway, I've hijacked this thread enough. Best wishes to all this week.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #126
  • Oct 18, 2015 7:20am Oct 18, 2015 7:20am
Quoting JoeNY
What up My Man, Yeah Bro.... All's good here... Laying low for the most part. I've been keepin' up with ya through your post. Keep ya head up my Brotha..... {quote}
Good to hear brother. Finally past all the "life issues" I was dealing with now and free to break out in my own direction again. Really looking forward to it man.
Ghost Rider - WWTBMD?
  • #127
  • Oct 18, 2015 7:20am Oct 18, 2015 7:20am
Quoting albchr
{quote} Good morning mi amigo ... Remember him? I watched every episode I could brother. Great talent wrapped in a wonderful human being. ... Kind of like you.
Thanks Chris you too.I am however lot less likable then Bob.Bob's soft voice made everyone feel special even old ladies were getting excited
Lots of Green pips buddy.
In trading, you have to be defensive and aggressive at the same time
  • #128
  • Oct 18, 2015 7:29am Oct 18, 2015 7:29am
Quoting Davit
{quote} Thanks Chris you too.I am however lot less likable then Bob.Bob's soft voice made everyone feel special even old ladies were getting excited Lots of Green pips buddy.
Naaaa ... that's just those rough German edges we have buddy. But I know, inside beats a heart of pure gold/en ratios.
Ghost Rider - WWTBMD?
  • #129
  • Oct 18, 2015 9:00am Oct 18, 2015 9:00am
Quoting Ill-b-back
{quote} Again, you are showing articles. Nothing relating directly to trading. IE: You fail to provide direct evidence that the fib tool as provided in the mt4/5 platform and others is useless in trading.
I don't believe it works. Why should I prove it does not work ?
The burden of proof is on the one making the claim.
  • #130
  • Oct 18, 2015 10:08am Oct 18, 2015 10:08am
Quoting Mingary
{quote} I don't believe it works. Why should I prove it does not work ? The burden of proof is on the one making the claim.
I agree. Fire away when ready with your proof. Not the "opinions" of those who write the articles you post to back up your "opinions". ...

Quoting Mingary
99.9999 % have a second income from a REAL job that pays for the trading loses ; They have a REAL job that pays for their addiction to trading. Forex trading is like having one's financial life on Meth.
Quoting Mingary
What a wonderful story. It certainly holds the proof that the only way to make money in the forex is through the implementation of a well crafted scam.
Quoting Mingary
{quote} On the contrary, it's very relevant to trading. Fibonacci levels (and any derivation possible) are meaningless and statistically worthless. In trading the eager wannabe forex millionaire will ever be so excited to use them as a "fixation" similar to this: http://theinkblot.com/index.htm What do you see ? (:
Quoting Mingary
"Fibonacci Indicator? Is it a big Joke?" Indeed it is ... http://www.lhup.edu/~dsimanek/pseudo/fibonacc.htm
Ghost Rider - WWTBMD?
  • #131
  • Oct 18, 2015 10:15am Oct 18, 2015 10:15am
Hello my friends. Anyone ever seen the universe? Or my profile pic?





http://www.forexfactory.com/showthre...05#post8522605


http://www.forexfactory.com/showthre...80#post8523080

http://www.forexfactory.com/showthre...85#post8523085

http://www.forexfactory.com/showthre...87#post8523087

http://www.forexfactory.com/showthre...91#post8523091
The world you desire can be won. It exists.. it is real.. it is possible..
  • #132
  • Oct 18, 2015 10:30am Oct 18, 2015 10:30am
Quoting Mingary;8545294[B
]"Fibonacci Indicator? Is it a big Joke?" Indeed it is ... [/b]http://www.lhup.edu/~dsimanek/pseudo/fibonacc.htm
Indeed, the burden of proof is on the one making the claim

I have made no claim in this thread...

You on the other hand....
Come with me if you want to live....
  • #133
  • Oct 18, 2015 10:48am Oct 18, 2015 10:48am
Quoting Mr. Scott
Hello my friends. Anyone ever seen the universe? Or my profile pic? http://www.forexfactory.com/showthre...05#post8522605 http://www.forexfactory.com/showthre...80#post8523080 http://www.forexfactory.com/showthre...85#post8523085 http://www.forexfactory.com/showthre...87#post8523087 http://www.forexfactory.com/showthre...91#post8523091
Ghost Rider - WWTBMD?
  • #134
  • Edited 12:55pm Oct 18, 2015 12:32pm | Edited 12:55pm
Quoting albchr
{quote} I agree. Fire away when ready with your proof. Not the "opinions" of those who write the articles you post to back up your "opinions". ... {quote} {quote} {quote} {quote}
Quoting Ill-b-back
{quote} Indeed, the burden of proof is on the one making the claim I have made no claim in this thread... You on the other hand....
Straw man argument:

https://en.wikipedia.org/wiki/Straw_man


I don't believe the Fibonacci indicator can be used to make money consistently. I am just asking that you prove me wrong..
The Fibonacci enthusiasts are making the claim, not me.
  • #135
  • Edited 1:16pm Oct 18, 2015 12:51pm | Edited 1:16pm
Quoting Mr. Scott
Hello my friends. Anyone ever seen the universe? Or my profile pic? http://www.forexfactory.com/showthre...05#post8522605 http://www.forexfactory.com/showthre...80#post8523080 http://www.forexfactory.com/showthre...85#post8523085 http://www.forexfactory.com/showthre...87#post8523087 http://www.forexfactory.com/showthre...91#post8523091
Quoting albchr
{quote}

Science (or just the ability to think clearly) will set your mind free ...

http://www.fastcodesign.com/3044877/...s-biggest-myth

http://naturography.com/the-golden-s...critical-look/

The "Golden Ratio" is only important in the mind of the believer. I know, because I went through my Fibonacci believer phase (... and Gann, and Elliott ... and many more)
After all, it would be so reassuring to know that something makes sense ... (:
  • #136
  • Oct 18, 2015 1:22pm Oct 18, 2015 1:22pm
Quoting Mingary
{quote} {quote} Science (or just the ability to think clearly) will set your mind free ... http://www.fastcodesign.com/3044877/...s-biggest-myth http://naturography.com/the-golden-s...critical-look/ The "Golden Ratio" is only important in the mind of the believer. I know, because I went through my Fibonacci believer phase (... and Gann, and Elliott ... and many more)
I gather from your posts that you are very unsuccessful in trading.Explains your dogmatic outlook.
I guess its not for everyone and you know that already...

Quoting Mingary
99.9999 % have a second income from a REAL job that pays for the trading loses ; They have a REAL job that pays for their addiction to trading. Forex trading is like having one's financial life on Meth.
In trading, you have to be defensive and aggressive at the same time
  • #137
  • Oct 18, 2015 1:35pm Oct 18, 2015 1:35pm
Am sorry but .......only ignorant people and complete idiots can deny the existence and the relevance of the golden ratio.
The golden ratio is EVERYWHERE (in the markets too)! And yes, there are some small deviations when it comes to proportions and measurements. Not everything is perfect in nature. Just look at your hands.... one is bigger than the other and not the same shape exactly.......
  • #138
  • Oct 18, 2015 1:42pm Oct 18, 2015 1:42pm
Quoting alphaomega
Am sorry but .......only ignorant people and complete idiots can deny the existence and the relevance of the golden ratio. The golden ratio is EVERYWHERE (in the markets too)! And yes, there are some small deviations when it comes to proportions and measurements. Not everything is perfect in nature. Just look at your hands.... one is bigger than the other and not the same shape exactly.......
100% correct..i think this thread is a big joke!! any one who question about fibo /golden ratios existence he should need ..read..study..use search engine...youtube..etc then ask his self?i dont want to continue ...more ...you have.........% to disagree but truth is truth!!
Say something meaningful or Silence!!
  • #139
  • Oct 18, 2015 1:50pm Oct 18, 2015 1:50pm
Quoting Davit
{quote} I gather from your posts that you are very unsuccessful in trading.Explains your dogmatic outlook. I guess its not for everyone and you know that already... {quote}
Dogmatic ? That would be a first ... (:
Fibonacci believers are dogmatic in my view (see post 137 above)

... Anyhow, you are not answering the question.

Also, please tell me how this is not true (sarcasm aside) ? Have a good look around then speak (:
"99.9999 % have a second income from a REAL job that pays for the trading loses ; They have a REAL job that pays for their addiction to trading. Forex trading is like having one's financial life on Meth."
  • #140
  • Edited 3:09pm Oct 18, 2015 2:52pm | Edited 3:09pm
Quoting Mingary
{quote} {quote} Straw man argument: https://en.wikipedia.org/wiki/Straw_man I don't believe the Fibonacci indicator can be used to make money consistently. I am just asking that you prove me wrong.. The Fibonacci enthusiasts are making the claim, not me.
No, this is not a case of straw man argument.
The thread starter, raised the question (is it a joke?). The thread starter in his very first post went on to suggest he thought it was.

Some then came in stating it was not a joke, while others including yourself stated it is.

Your post read: "Fibonacci indicator, is it a big joke? Indeed it is."
This is a claim

Both fib enthusiasts and those that don't believe in fibs (including yourself) have made claims.

I myself have made no claims in here, you indeed have (as has been clearly shown by myself and Albchr).

But hey, if you want to blame the straw man instead of taking responsibility for your own posts, go right ahead
Come with me if you want to live....
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