20 Pips a day keeps centerlink away
- #99,904
- Nov 28, 2016 5:40pm Nov 28, 2016 5:40pm
{quote} those fibs are not upside down... think about it, the move has done x amount - it has then retraced 61.8% before it has done 38.2%......???????? you are a good trader, calls made BEFORE the move has happened... not many do that
He had it right here
This is incorrect. But hes using the incorrect fib to show that hes correct lol
- #99,905
- Nov 28, 2016 5:43pm Nov 28, 2016 5:43pm
- | Commercial User | Joined Jan 2015 | 1,352 Posts
{quote} lmaooo do you read what you post before posting. Just put your fibs any where and sell any calcultation... ok
Fib is a sequence and there is not right way to put it, you will always get the right levels.
Rules are there to be broken
20 Pips a day keeps centerlink away
- #99,906
- Nov 28, 2016 5:47pm Nov 28, 2016 5:47pm
- | Commercial User | Joined Jan 2015 | 1,352 Posts
20 Pips a day keeps centerlink away
- #99,907
- Nov 28, 2016 5:49pm Nov 28, 2016 5:49pm
{quote} Thats right it doesnt matter. Fib is a sequence and there is not right way to put it, you will always get the right levels. {image} {image} {image} {image} {image} Rules are there to be broken
Dude you just said Elliott Wave is not a strategy to use because of subjectivity. Now your saying fibs can be placed anywhere. So that would make fibs subjective and its up to the individual...
This is crazy. Like honestly
- #99,910
- Nov 28, 2016 5:52pm Nov 28, 2016 5:52pm
- | Commercial User | Joined Jan 2015 | 1,352 Posts
20 Pips a day keeps centerlink away
- #99,912
- Nov 28, 2016 5:57pm Nov 28, 2016 5:57pm
{quote} Fib levels and waves are built together, doesn't mean literally, but usually, if you get x fib retrace, then you can expect x target? AB=CD (of course theoretically)
- #99,914
- Edited 6:24pm Nov 28, 2016 6:03pm | Edited 6:24pm
- | Commercial User | Joined Jan 2015 | 1,352 Posts
Thats correct, and infact EW was built around Fibonacci.
I really dont care much for text book theories, if they all worked we would all be millionaires right?
Why is it that all these University teachers, guru's , etc... remain just that - teachers. Because they all have been stamped in the cookie cutter press and, all they can produce is more cookies.
Thats it for me I wont be on here, time to start my own thread.
I really dont care much for text book theories, if they all worked we would all be millionaires right?
Why is it that all these University teachers, guru's , etc... remain just that - teachers. Because they all have been stamped in the cookie cutter press and, all they can produce is more cookies.
Thats it for me I wont be on here, time to start my own thread.
20 Pips a day keeps centerlink away
- #99,916
- Nov 28, 2016 6:17pm Nov 28, 2016 6:17pm
Again trying to cool things down here and learn sth ... I read a lot about both (I am not expert at all just know about those strategies you guys so passionately fight about) Aren't they both subjective in that is about believing traders will either follow those patterns or not? Let's take the Fibs analysis for instance. Yes it is a math sequence however believing price will stop at 38 or 61 is subjective isn't it? In any case my initial argument for what it's worth stays: If you guys are good at this, why fight? we can learn from you both
The fact that he said you can put fibs where ever you wont means hes bs.
The purpose of us fib retracements is to make the retracement of an entire impulsive move. Not half of the impulse or wherever you feel like putting it today.
Correct placement
Incorrect placement. You cant just start in the middle just because
And no EW is not based on fibs.
Fibs are a TOOL to be used with trading. Whether its trading waves patterns, harmonic patterns etc...
- #99,918
- Nov 28, 2016 6:50pm Nov 28, 2016 6:50pm
- | Commercial User | Joined Jan 2015 | 1,352 Posts
20 Pips a day keeps centerlink away
- #99,919
- Nov 28, 2016 6:58pm Nov 28, 2016 6:58pm
{quote} I forecasted 3 moves within a corrective WAVE structure then the breakout. That's 4 precise moves. But it doesnt work.. Not only that but a forecast on the Dollar Index 10 months ago that has played EXACTLY how I forecast it to.I guess I am the luckiest man in the world or at least in this forum. {image} {image} Forget what you think about me because I dont really care. Im not here to babysit peoples emotions. Im here to make money and teach anyone that would like to learn wave theory. Thats why I post my charts so it not...
I have told you i made close to a mil (in stocks mainly) and you started bragging and talking back...my point was that other methods other than your wave thing also work (i know its hard to believe but yeah!!) i dont know anyone here and i am pretty sure no one also knows me so who am i bragging to? i really have a life other than behind the screen which ican use if i want to brag or lie...but believe it or not..i made a million dollars in stocks and forex using multiple methods..some advanced ones using fib. acustc. etc..and some as simple as "go against the herd"
You should also get a life outside this forum and stop talking people down because if you dont stop playing forex god here..you will soon go bankrupt..
- #99,920
- Nov 28, 2016 7:10pm Nov 28, 2016 7:10pm
{quote} Dude your arrogance has topped the dollar now! Its either my way or the highway with you?? Anyone here telling you they made money other than that stupid method of yours should be crazy and a liar? Tere is no day taht passes witout you bragging about your forecast and how great and spot on your charts are, thats good but no one cares...after all thats your chart and your money... I have told you i made close to a mil (in stocks mainly) and you started bragging and talking back...my point was that other methods other than your wave thing...
