Fibonacchi Poll

Is the Fibonacchi Tool Useful for the FX Trader?-

  • The Golden Ratio is only useful in Hindsight, has very limited predictive value.

    Votes: 0 0.0%
  • No use at all, may as well toss a coin.

    Votes: 0 0.0%
  • Never used Fibonacchi, sounds very mysterious, so maybe it works.

    Votes: 0 0.0%

  • Total voters
    11

rod178

Well-Known Member
Rather than fill up Tansen's thread with my ramblings I thought that a Poll may be in order. Vote and post your evidence, if you can find any. ;)
 
P

Piper

Guest
"If you can imagine it its real!" :p

And its the law of the universe!!!! :mad:

-P
 
P

Piper

Guest
Just you wait till i'll catch up on Gann! I'll start to jump around here with magic cubes and wands!

-P
 

Average Joe

Well-Known Member
Rather than guess the fibo ratio, what about putting orders at each level and just wait. You either get hit the complete set and when it reverse you will have positions of varying winning pips.
 
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Piper

Guest
rod178 said:
Hail rational thought
http://skeptoid.com/episodes/4325
http://www.skepticforum.com/viewtopic.php?f=16&t=13125
"The video is inaccessible" ... mmmm the big G got pissed on that blasphemy and took care of those youtube servers? :p

But to be serious. A spiral that can be found in everything thats living in nature(and some say that even in dead stuff like crystals astronomical objects etc) and encoded in every DNA in the planet(and thats a fact), and we are even trading it, it's not necessarily a finger of god,( i'm pretty much a nonbeliever in conventional religions) but if its everywhere on micro and macro levels its must be a kind of a basic building block or something. No idea anyways, just some thoughts.

And you might say that this type of day after day accuracy is random, but in my opinion,the day after day occurrence suggests otherwise..

-P
 

Attachments

the golden gun

RINSE & REPEAT
What is the significance of spelling Fibonacci wrong?

some info for the curious, from an objective source:

http://en.wikipedia.org/wiki/Fibonacci_number

Also this:

The golden ratio phi is the most irrational among irrational numbers; its successive continued fraction convergents F(n+1)/F(n) are the slowest to approximate to its actual value (I. Stewart, in 'Nature's Numbers', Basic Books 1997). - Lekraj Beedassy, Jan 21 2005
 
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Piper

Guest
the golden gun said:
What is the significance of spelling Fibonacci wrong?

some info for the curious, from an objective source:

http://en.wikipedia.org/wiki/Fibonacci_number
Love wikipedia, if i don't like your objective source, i'll might just edit it to my liking.. :D :D :D

PS.: Darn they in need.. Time to donate for a greater cause. Keep the knowledge free! :)

Edit: KK no editing. All those equitations made my head hurt.

-P
 

rod178

Well-Known Member
Piper said:
"The video is inaccessible" ... mmmm the big G got pissed on that blasphemy and took care of those youtube servers? :p

...A spiral that can be found in everything thats living in nature(and some say that even in dead stuff like crystals astronomical objects etc) and encoded in every DNA in the planet(and thats a fact)...
Look and ye shall find.

Actually many instances are only rough approximations and Nature is a product of Natural Selection. eg the way thing divide and branch.

The point remains - there is little to no evidence to support its application in Trading, in anything other than Hindsight trade positions.

Dream on kids, your 'edge' is built upon a false premise.
 
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Piper

Guest
rod178 said:
Look and ye shall find.

Actually many instances are only rough approximations and Nature is a product of Natural Selection. eg the way thing divide and branch.

The point remains - there is little to no evidence to support its application in Trading, in anything other than Hindsight trade positions.

Dream on kids, your 'edge' is built upon a false premise.
Even my EMA's are fib nr's.And my channel's deviation too. Now that i think about it its basically all my trading.And usually the best check is a check with reality i think. Does it work, or does not? It's that simple. For me it does. So it must be true. You think there is another possible explanation for that? My tp's and those (very accurate)projections being hit randomly?

-P
 

the golden gun

RINSE & REPEAT
rod178 said:
Look and ye shall find.

Actually many instances are only rough approximations and Nature is a product of Natural Selection. eg the way thing divide and branch.

The point remains - there is little to no evidence to support its application in Trading, in anything other than Hindsight trade positions.

Dream on kids, your 'edge' is built upon a false premise.
your trolling sucks. boooooooooo!!!

 

rod178

Well-Known Member
Question - if you HAD to enter a trade based upon a Fib level or an Order Block, which would you choose?
 

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