No thats not what i did

Why 61.8%?

Nabi, You're giving out way too much credit Not everyone is as sensible as you appear to be. There are guys out there who swear blind that fibs are some magical price predictors. I'm off for dindins too.

Why 61.8%?

Sweet electrical Jesus, man. Thats exactly what I said. The M15 was just a "zoom in", as it were. Also what I drew wasnt a fib. edit: It was my own proprietary setup, which took over 10,000 hours of screen time to create.

Why 61.8%?

The fact that it went 99% of the way anywhere is coincidental. The chart shows narrowing consolidation then a breakout. This can be seen very well on the M15 chart I posted. Prior to Sim and GEfxs tirade of unwarranted accusations and abuse. In ...

Why 61.8%?

Cut losses short, let winners run. This guy is getting as bad as Sim

Why 61.8%?

Read the edit in my previous post. I'm still in it. This thread is not about individual trades. Read through it, follow the links. You might learn something.

Why 61.8%?

Stop calling me a liar, you have no justification. I have explained myself to the full, and did not edit the charts I posted. I don't need any explanation of your methods. I already understand them (better than you do, it would seem). edit: If you ...

Why 61.8%?

So I'm a liar becuase you say so, when all you've offered is charts with about 20 or more projections on each. The first expansion is exactly the same ratio as the retracement. As I've said I (mistakenly) thought this would be assumed. Download ...

Why 61.8%?

Look mate, go and look at your charts. (I use Broco demo for charting as it has a wide range of instruments). I thought it was taken as read that first extension is the same ratio as the retracement. Apologies if that wasnt clear. edit: If you look ...

Why 61.8%?

Look I posted what I posted (admitedly the first chart isn't the best view) Go and check the chart for yourself. It worked. Naturally all our data feeds will be slightly different so you might miss the TED retracement by a pip or two, but that's ...

Why 61.8%?

No offense, but that's a typical logical fallacy. Price didn't miss the fib, it hit the TED zone.

Why 61.8%?

OK fair criticism. I misunderstood what you were saying. However if you look at the projection it's the same ratio for the retracement as the extension. (edit: I thought this was assumed) I'm not going to alter the first chart as I think it shows ...

Why 61.8%?

For the benefit of GEfx here is the TED extension I posted, shown on a M15 chart. Check it for yourselves if you want.

Why 61.8%?

What do you mean "they are not the same"? Both charts are EUR/USD from today. The first was posted well in advance of the other. LOOK AT THE TIMES THEY WERE POSTED (The first chart was posted over 1 1/2 hours earlier) I show conclusive proof of my ...

Why 61.8%?

Stop making false accusations. I post evidence and you instantly go on the attack. The only difference is the first chart is H1 and the second is on M30. I posted the first chart as I was scanning H1 (with foresight) The second chart is M30 for a ...

Why 61.8%?

Don't like that one. Unrealized PnL is still PnL. I mean when you're down 100pips its real, so the same is true on the upside.

Trading Sayings: Fact or Fiction

For those of you who doubt me. Go back to this post where I posted my own special ratio. This is a proprietary signal called the TED ratio (after me). I'm only giving up this secret information for the benefit of my fellow traders. It took me about ...

Why 61.8%?

Wow. I actually thought you'd be a bit more discerning. (There are 23 (ish) fib lines on that chart at a glance, strange that the price should hit them eh)

Why 61.8%?

In other news the EUR just made a 37.008 (to 3 dp) retracement. This shall henceforth be known as the Ted ratio.

Why 61.8%?

Thats perfectly reasonable. It's the people who think the market is dictated by these things that need to be shot.

Why 61.8%?