Which nonsense? I think you'll have a hard time undermining the veracity of my posts.

Why 61.8%?

Notice how important the 3267 area looks going into next week. Coincidentally its the low of March 25th. Its amazing how many fib lines arrive there by accident isn't it?

Why 61.8%?

Yeah I missed it. But looking at it know there sure was a lot of resistance there. Nothing to do with fibs you understand.

Why 61.8%?

Attribution bias + LOL sample size = Moon cycles suck.

Why 61.8%?

.

Why 61.8%?

Classic hidsight comparison. LOL Mine is much better, it's entirely objective. Look at the interim swings on yours that clearly missed the fib lines. Also both of your "tredlines" are just eye candy because they haven't been confirmed. You could ...

Why 61.8%?

"Balances"- 0.5 is not a fib' ratio. (Maybe I'm misunderstanding your annotations)

Why 61.8%?

Yeah. I think it's unreasonable to claim the self fullfiling prophecy hypothesis, because I don't think the majority of volume in the market gives a flying fuck about fib levels. Retail system shills like acumen come in here throwing their weight ...

Why 61.8%?

Here is a simple way to use a retracement tool (with no fib ratios in sight); Current range is below previous range, therefore trend is down. No magical order of nature hocus pocus.

Why 61.8%?

Maybe you could put forward some logical arguments instead of leaning back and making smug proclamations like "silly and sad".

Why 61.8%?

Thats either a deliberate misrepresentation of the facts presented, or you don't understand them. No one who trades around psych levels feels the need to cite, "order of nature" style bullshit to back them up.

Why 61.8%?

My observations say different. But don't listen to me, the econometrics and stats people say the same. They're the ones working for the banks afterall.

Why 61.8%?

Any MA (Although Hull is fun) How about rolling pivot points, (which is just an MA really)? If price is trading below the pivot for consecutive sessions your trend is down.

Trendfinder Tool

Here ya go

Some help with James16 thread

Free! Of course.

Optimized Risk vs Reward Equation

One daily paper has Labour down to 23% of the vote share. (That's bad) For all non UK folks remeber that the election itself isn't contested on proportional representation.<-- Which is how the bastards have stayed in this long.

UK Election Countdown.....

Thats not the point. The point is whats true of the underlying nature of the market. No one (for the umpteensquillionth time) has said you cant use fibs profitably as an objective measure of range.

Why 61.8%?

For those of a more inquisitive disposition than Ulterior and Waves; url url url Turns out it's even more BS than I originally thought. edit: It seems odd that the dude going for the null hypothesis is posting some evidence.

Why 61.8%?

Thats why as methodica approach is a must. You can then approximate from the law of large numbers.

Toss a coin?

Hi, The simple answer is no, I can't. I agree that maths isn't required to trade. Which is basically what I'm arguing. The fib' Nazis are trying to impose a rigid, rational (mathematical) structure on a system that does not and cannot comply. (They ...

Why 61.8%?