Hi, That's the problem as far as I can see. No two fib nazis will agree as to where to put the retracement. That little problem invalidates them as a useful tool from the get go.

Why 61.8%?

Well the UK processes the most FX volume so the gretest volatility is when UK (London) traders are getting their freak on. If it's 8AM in the UK you can bet the GBP/USD is going to be moving. Frankfurt (Deutsche Bank is the biggest individual FX ...

Time Zones and Sessions confusion, please help (UK)

Yo, Daylight savings is a pain isn't it. Check this out; url . You can download the clocks for your desktop. I've got Tokyo and New York time up there for reference.

Time Zones and Sessions confusion, please help (UK)

Hey smelly fingers!

Why 61.8%?

Its a UK bank holiday also, so the market should be dead.

EURUSD

I like your clock indicator. Mind posting it? (Sorry for the question, couldn't be helped)

Why 61.8%?

Nice links, ya bloody foreigner!

UK Election Countdown.....

I reserve the right to expand on my responses for clarity.

Why 61.8%?

I have answerd every question levelled at me in a concise manner. You on the other hand will not cease your evasive misrepresentation of my every word. It is a very childish tactic to employ.

Why 61.8%?

Put another way. If the market reverses at a fib line it is touted as proof. As in GEfx juvenile attempts. However his fib retracement ignores a multitude of swing points, that happen to not confirm his mental bias. If the market reverses at ...

Why 61.8%?

No. You are continuing to impose your own false interpretation of what I'm saying, in order to further your own argument. When fib nazis accidentally find an exact pip match they trumpet it from the rooftops. Take GEfxs' awful examples. Both parties ...

Why 61.8%?

I haven't issued a single request for anything. And I have pointed out the simple inadeqaucies of every "proof" offered. You continue to misrepresent what I am saying at every available opportunity.Why is that?

Why 61.8%?

Hollow platitudes and mindless self congratulation. I'm swimming as hard as I can, Sir!

Why 61.8%?

You got the wrong impression.

Why 61.8%?

No, I said a blind man could see it wasn't actually proof, by any reasonable standard of thhe word. Also, the naysayers just happen to be some of largest financial and academic institutions in the world. It's not just little old me. Aswell, if you ...

Why 61.8%?

LOL. It was supposed to be a double, consecutive wink. Implying that 95% believe in the magical fibs.

Why 61.8%?

I was just thinking the same thing myself.,. Also pipmutt, read your own undertitle.

Why 61.8%?

TBH. I quite like the idea of using 38. whatever it is. Or a simillar number. If you assume that volatility begets volatility then a retracement that ony makes it a 1/4 to 1/3 of the way back would imply serious stregth in the trend direction.

Why 61.8%?

Thanks mate.

Why 61.8%?

Stevie Wonder could see the number of swings you've chosen to ingnore. Ray Charles could see the fact that all those swings are previous sup/res anyway. Yes it is snake oil. Your examples are just terrible.

Why 61.8%?