Care to back that up with some evidence? Or are you just gonna throw out empty challenges? I know you're a pivot nazi, so no surprise really. How many videos are you gonna put out where price nearly gets to a pivot point?

Why 61.8%?

That was my take too, and hundreds of other forum posters takes aswell. Unfortunately it only makes sense on a superficial level.

Why 61.8%?

The reason I'm saying that is beacause its true. I'm not saying, (for the nth time), that the ratios cannot be used profitably. Many claim that the market adheres to these formulae with mathematical certitude. They are morons. Nautilus shells, Greek ...

Why 61.8%?

Absolutely nothing. Its a system sellers/shills myth.

Why 61.8%?

That would go a long way (probably the whole way) to explaining why long swings seem more reliable. The pressure to liquidate is that much greater the bigger the adverse price movement.

Why 61.8%?

I find all that stuff fascinating. There is an excellent documentary wrt to the facial geometry thing. They showed how the numbers added up in the faces of beautiful people of all races, both sexes etc. Nevertheless it can be seen that prices simply ...

Why 61.8%?

You wont believe it, but I was waiting for that statement from you. The point still stands that the news caused the order to be entered. I'm not against using fibs in principle, just that the fib nazis are mindless. Great post anyway. Makes masses ...

Why 61.8%?

LasVahGoose, You're right there are many explanations. Unfortunately they are mutually exclusive. Personally I plumped for the "self fulfilling prophecy" line when I first happened upon trading. This line of reasoning is initially satisfying, but ...

Why 61.8%?

We really should be trying to find out why. I mean all these systems are so effin simple it makes you sick. A drunken mongoose could execute them and still we shrug and say things like, "well it sure worked for me". What the fook is goin' on?

Why 61.8%?

Why did you start an argument then? You cast the first stone, why not back it up with some rocks? Or nautilus shells maybe? I've heard they're fibalicious.

Why 61.8%?

You mean you have no way to win this argument. I sense you have plenty of desire. <- Really didn't mean to sound like Yoda. You were the one who gloated about spending my money first, remember? Just for the record. Do you use 50% as a retracement ...

Why 61.8%?

Great thread. Don't ya find that listening to politicians "debate" gets very tiresome? I am actually yearning (not an overstatement) for a political leader who will come out and say what they actually think on air. I would usually vote Conservative ...

UK Election Countdown.....

LOL. I was actual googling for the Top Gear clip. The song lyric seemed appropriate though.

Why 61.8%?

Ok Waves. Seeing as I've already bitten, let me quote you. "Newsflash..........news means nothing"- You. Can you explain the precipitous EUR/USD drop this week in terms of mathematical ratios? No. Off course you can't. Was it something to do with ...

Why 61.8%?

I'm not against that kind of attitude. (Fib' fundamentalists who think the market is dictated by these magic ratios really set me off though.) Your method places a predertimed risk:reward structure on your trades, which can't be a bad thing. There's ...

Why 61.8%?

Thanks mate, but there is really no side to take. Look at a price chart, retracements do not land on fib' ratios. I said before that I think that fib retracements can be used, but that doesnt mean they are mathematically present in the market ...

Why 61.8%?

If you say so oh great one! You don't really know what you're talking about though do you? BTW I am ready to be convinced, "I'm all ears" as they say. Just because you use a retracement tool with these ratios does not, repeat not, mean they have any ...

Why 61.8%?

Thats all very nice but you don't, won't and can't find these ratios in market prices. Close is not good enough when taling about mathematical structures.

Why 61.8%?

While I'm at it. video

Why 61.8%?

Some say love it is a river. Still bullshit though eh.

Why 61.8%?