Fibonacci GONE WILD - Page 3
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Thread: Fibonacci GONE WILD

  1. #21
    When used correctly fibs are an awesome tool. I stopped caring or not fibs was a self-fulling prophecy or a natural world order. I believe that it's a combonation of the two and it provides me highly accurate entry AND exit point's from the markets.

    It is not like ppl who use fibs as a major trading instrument is all of a sudden gong to simply quit using it to instruct the market a lesson, there where always be traders out there, winning and losing alike, you may use fibonacchi as a major trading instrument.

    I like confluences more then anything of fibs/fibs S/R - fibs TL etc.

    Confluences are much more reliable then simply relying on a single drawing. They reveal imho supprot and levels. Like without going through the difficulty of putting up them using pivots.

  2. #22
    Hi Southernmind,
    I search for new posts. We've got forks in common. I have a question for you. What time frame do you trade on?
    Thank you in advance.

  3. #23
    Quote Originally Posted by ;
    Hi Southernmind,
    I always search for new posts. We've got forks in common. I've a question for you. What time period do you trade on?
    Thank you in advance.
    I can't say I trade off any one timeframe. I use the 1hr, 4hr, and daily, however I also make use of the 5, 15, as well as weekly.

  4. #24
    The emas used on the 4hr are: 21 -whitened; 50 - purple; 200 - crimson.



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  10. #30
    The charts that follow within the upcoming few posts show the daily GBP/JPY from other points of view.

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