Originally Posted by ;
quote FWIW I often agree, one looks in the entire world and unconsciously perceives ultimate causation as being design or chance. However, unlike the poster before you (shanewatson), I don't feel that spiritual or philosophical idea -- or perhaps character -- has some bearing on how predictive (or differently ) Fibo levels are. IMHO markets will be belief systems' product: they represent the collective outcome of traders think that price will act henceforth. This produces orderflow which in turn drives price, potentially...