Here is a pic of my chart with fibs added to market emotion indicator. Basically, I just created a copy of the Market Emotion indicator and changed the lowmidpoint to .382 and the high midpoint to .618. I then use BOTH indicators, the original market emotion which plots high/low, 50%, and halfway between 50 and the high (.75) and halfway between 50 and the low (.25) and my new Market emotion plus, which still includes the high low and mid (50%) but also adds the 2 fib lines. Chart attached. It gets a little busy with all those lines, but I find the market often respects the fib levels.
Yes.....let me add my congratulations to Anek....best wishes to you and your family..and many thanks for all your time and patience...may you have a merry christmas and a bountiful 2008 B Price
Wow congrats Anek , ah what a wonderful news. Say hi to your wife from this group of cyberfriends. This is going to be a great 2008 !
Congratulations Anek! Sorry to see you go... Based on your teachings, I made 10 points today on the NQ. Early fib, channel with the trend, TL breakdown, V retrace, 2 bear flags. I really have learned ALL of this from you! I'm Really new (5 days), and you and Suri Dudella are my only teachers. 6 winners, 2 losers. Thanks again and we will miss you...unless you came back now and again to check on us REVISE...+16 more points buying the triple bottom and letting it run to the resistance @2036!!!
You guys shorted the double top right? Another great afternoon net + 23 ( too many trades, I'm not going to tell you 'cause I'm ashamed ) but I found the mkt quite nervous today, except from 15:15 , 4 faboulous trends up and down and up and down again.