Anyone Use Fibonacci? - Page 2
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Thread: Anyone Use Fibonacci?

  1. #11

  2. #12

  3. #13
    I am currently working on a project called Fibitz The idea is a Pivots formula with Fibonacci Ratios. . Hence Fibitz At this time, this technique is not available due to the fact it is made to be calculated thru Visual Basic software. If at a future time that the Excel version offers effects I shall release a version with this forum first for group involvement. . I'll continue to examine the fibonacci materials I upload and have archived anything of value to this forum. As always remember No 2 people always observe the very same patterns from the clouds. . So as you look high and low to your trading method maintain your seat belt on... Interpritation of conventional indiors is rather dull! Those of you who are prepared to become visualy responsive to price and it's unfolding narrative will endure the course, and those who constantly tweak, looking around every corner for magical will neglect!

  4. #14
    Are you going to work with daily, weekly or monthly pivots?

    thanks

    Scott

  5. #15
    Quote Originally Posted by ;
    hey Lou, sorry to bust your bubble. If Fib is as magical as all these vendors claims it to be, why bother selling these books to get a profit? Why don't you just sit home and make millions. Geometry has a correlation with the market, but it's way beyond your expertise personally or me. Try read some of the novels up from Hurst.

    When you've read the publiion fooled by randomness, you will understand Fib, or some other indiors are nothing but masturbation, a small reassurance for us tradres in a volatile and...
    You realize you border on heresy and being banned at the stake by posting this, do not you? There are too many individuals here, who are revered, demoning their fib lines, MACDs, etc., who were fooled.

    All one has to do is draw fibs on M1, M5, M15, M30, H1, H4, D1, W1 and MN1 over varying periods to acquire confluence, of course, and pretty soon you'll have every price to the chart as a fib line. Now what?

    Nassim Nicholas Taleb addresses the misuse from people in ivory towers he and others obtained because they pointed out details in opposition to the current party line. Remember, Taleb got the last laugh as hedge fund following fund. But these history lessons are lost on most. Again, Tabeb pointed out , also.

    This thread is in the trading discussion thread. However, unless you're in lock step with the rest, you see won't be welcome.

    If you can't control the outcome, then luck is involved.

  6. #16
    Quote Originally Posted by ;
    Hey,

    Wanted to know if anyone uses Fibonacci Fan, Retracements, extensions, etc in their own trading?

    In that case anyone want assist me out on egies? I've been working on something but am wanting to accommodate others into it and start testing in markets. ?
    My trading is based exclusively on fibs.I heard from thread and it's the only thing it works for me.
    Someone also mention J16 thread.That's yet another good place to visit.There is a bunch of really good traders hanging around and everyone can find out a lot from them.
    This is the link for thread if you would like to take a look.

    https://www.forexforum.co.za/general...d-thought.html

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