I'll give you guys a piece of the answer, I'm not a good enough typer to give it all here.........QUESTION: do you believe humans in mass, say 1 million are predictable? i.e. pick any city of 1 million....you will be able to predict with very good ...

Why 61.8%?

Ya but a guy working for JP Morgan and a big enough name to be interviewed by Bloomberg isn't even close to being the trader some in here are..........If your going to run with these guys, you'd better bring real traders................

Why 61.8%?

100% agreed and what I have taught thru the years....if I can't give you rock solid answers of why I got in and why I got in at the pip I did.....I have no business opening the trade. I relagate myself to being an adrenaline junkie

Why 61.8%?

Ya Elliott Wave theroy is a joke.....and thus Fibonacci Math since they are so interlinked....or maybe it's because most of the guys around here count up and downs instead of waves and then draw fibos in the wrong ...

Why 61.8%?

I wasn't talking about what you drew, from what I saw you bracketed a consolidation using a high and low, which isn't the use for fibs anyway........but nice effort......

Why 61.8%?

M15 Ted????? no wonder you can't use fibs or draw them from the right spots.......they will work on a 15, but you had better have it drawn from a longer term chart with alot more data to be consistant.....I can't remember the last time I looked at a ...

Why 61.8%?

YES! I SEE IT!!!! I will be looking for a 61.8% retrace on this move down when it bottoms...........

Why 61.8%?

you have to decide what kind of trade you have open....scalpers and day traders should close, stay with what you know...swing and position traders don't even blink, our stops are wider than almost any short term swing in the markets....same goes for ...

A Little Strategy: Leave Trade Open Over Weekend? Yes, BUT...

LOL..trash what you don't understand......enjoy the weekend boys

Why 61.8%?

I'll add 1 more thing to all this trash.......how do you guys that don't believe in fibs know you were drawing your fibs from the right place? it is definatly not always from the latest swing highs and swing lows.....a fib drawn in the wrong place ...

Why 61.8%?

nope..it doesn't exist in fibonacci. it is however a trading level.......but like I said..I have zero desire to argue.....keep trading

Why 61.8%?

I have no desire to win this arguement....ya, greece was on my mind when I opened 2 positions at 1.48...why did I get in there and stay? maybe the same reason I sold the pound at 1.775 with 2 add ons.....but carry on with your style I hope you trade ...

Why 61.8%?

I give up Ted..thanks for adding to the question of the meaning of 61.8............

Why 61.8%?

preach it brother

Reverse psychology?

I can't even begin to explain it here..some people like Ted have no idea so they slam it....anytime you have mass human nature involved the golden ratio is in play, it is ingrained in us as humans and our herding mentality...you'll never convince ...

Why 61.8%?

I think you will find any system is profitable under certian market conditions...usually a trending market, but since markets trend alot less than they consolidate. all the money made trending is given back during consolidation when market coditions ...

Reverse psychology?

Stop trading a MA cross system.......

Question for MA cross system

Newsflash..........news means nothing.....if it was as simple as tradingheadlines, we'd all be rich. the market moves in waves and patterns based on socio and economic conditions much larger than any one news event. you may see a short pop from a ...

New home sales, whats going on EUR/USD?

I was slightly smaller 3-5 standard...2% risk I'm glad it's working for you

Trading with Dukascopy

In all honesty, I do not know, I was asked to trade an already excisting account for a investment group..........really, it shouldn't matter what kind of an account, I should not have run into what I did, bottom line is we left and are somewhere ...

Trading with Dukascopy