[quote=metta87;11236336] Actually how about YOU do it since it is your thread and you are the one that want to give something back. If this thing works you should have no problem doing it.[/quot I have explained why I won't do it. You have a choice ...

A little bit of give back

Rock on Tommy, your a pinball wizard

A little bit of give back

Hi metta87, I started this thread to try and help people use Fib accurately. I shall not be posting trades for two reasons 1) I am in the process of retiring and therefore cutting back drastically on my trading. 2) As you now have the method how ...

A little bit of give back

A bounce from or pullback from the 38.2% can be the opening gambit for a move in the opposite direction. You must decide for yourself based upon your trading method. Sadly nothing is certain in life. You could used 38,% to book a profit only to see ...

A little bit of give back

Hi radedmaa The only way I can replicate your results is by using the Fib retracement tool rather than the Fib expansion tool. The expansion tool must be used to maintain the correct proportions

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As such there is nothing wrong with that as every length on the planet has a golden mean. The thing to do is to try it on several charts and see which method you prefer and which is the most accurate. Cheers Nut

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I just checked your chart on my screen spot on. Well done stop being too hard on yourself. Also what horrible price movement.

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So now after the golden mean in the last chart it is reasonable to expect a further 38.2 expansion from the golden mean. The expansion can be seen in this chart. Price has become trapped at this level as the sheep stealers and horse rustlers battle ...

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Now if I place my fibs on length 1 then I get a golden mean either above or below my zero line. Depending on my view of the market depends upon which golden mean I choose.

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Hi all, seems there is still some misunderstanding as to how I implement my fibs. so I shall try again using my most efficient method. It will take a few posts as I shall attempt to explain the reasoning behind the system. The first chart is an ...

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A nice post thank you. I think the message here is there is more than one way to skin a cat. But once you have a viable method stick with it. Here are two viable methods only you can choose which one to use.

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I do not use MT4 so I cannot make a template sorry. See post 5, it should be simple enough to set up in MT4 and save the settings. Good luck Nut

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I tried your method alongside mine the end target is the same. You talk of cycles whilst measuring the amplitude aka price, please explain how you associate the amplitude 4.236 with a time cycle. Sorry to black cat you but I have been trading 34 ...

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Too many minor levels for me, I shall look at the 4.236. Is there any rational for this cycle end point. If it works then great and thank you for your input

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I suspect they mean following the trend and I agree price cannot be predicted in advance except by those in control of markets, though we can make an educated guess

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It certainly was lol

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I find the 38.2% a particularly strong level but really any of the levels may cause a reaction. Happy trading Nut

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Please try this one folks url

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Is your browser up to date? It works fine in mine. Let me know if it does not work then i shall delete and upload again. The filetype is MP4

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Hi Tazamo nothing to prevent you adding further levels, every length on the planet has a golden mean. Nice to see you are willing to experiment Regards Nut

A little bit of give back