the golden gun
RINSE & REPEAT
rod178 said:A sometimes useful tool it is, althouh 618 is as useful as 600 or 660.
well that explains a lot. Maybe if you cared a little more about precision you could graduate from trading $1 pips, lol
rod178 said:A sometimes useful tool it is, althouh 618 is as useful as 600 or 660.
the golden gun said:well that explains a lot. Maybe if you cared a little more about precision you could graduate from trading $1 pips, lol
the golden gun said:When setting the fib levels on MT4, if you put "-0.42" it draws the extension on the other side of the fib.
It is just how I prefer to draw my extensions, by pulling the fib from the opposite direction. The math is the same either way.
rod178 said:I suspect all would prefer that you restricted your nonsense to your own thread.
the golden gun said:I remember sometime ago you requesting to have your account deleted or something?
Why did you stop pursuing that goal?
rod178 said:For those that are interested in some fact based work on Fibs.
http://adamhgrimes.com/blog/fibonacci-fibs/
http://adamhgrimes.com/blog/fibonacci-thinking-deeper/
http://adamhgrimes.com/blog/testing-fibonaccis-12/
http://adamhgrimes.com/blog/fibonacci-conclusions-22/
PS not saying that the fib tool is not useful, especially if modified with 70.5, simply because that ratio seems to work best, via observation - at least for now, for the pairs I trade the most ie especially the Fiber. Note that it is not even a Fib ratio, well, not unless one uses some contorted math and rounding.
Basically, I do not believe in the Tooth Fairy, Santa or Magic Numbers, well, not unless I am provided with some hard evidence. I'm backing the Tooth Fairy as the most probable as I did receive a few coins way back when, although still not totally convinced.
rod178 said:
the golden gun said:I sped read the first article and realized I'd probably get dumber if I read all of them, so I skipped to the conclusion and concluded this guy is a wannabe/failed trader trying to get attention. Drivel, the lot of it
the golden gun said:well that explains a lot. Maybe if you cared a little more about precision you could graduate from trading $1 pips, lol
rod178 said:This must be the answer
https://www.cs.arizona.edu/icon/oddsends/phi.htm
the golden gun said:is that what I think it is? )
sakib717 said:check this out
nice article about Fibonacci !
FIBONACCI FOR FOREX TRADING
http://www.forexmentor.com/forex-trading-articles/fibforforex.html
http://www.forexmentor.com/forex-trading-articles/fib4forex2.html
http://www.forexmentor.com/forex-trading-articles/fib4forex3.html
sqa said:Fibs *can* fall in into the set of "natural" functions: functional ratios that have natural correlations to the physical universe.