crude is now on w 5 of w 3, travels to 154 - 161 range Corrects with a 'fast' w 4, then w 5 to 169 - 196 range 180 - 18 is a Lucas fibonacci ratio number 1 3 4 7 11 18 29 47 76 123 199 322 etc
No, he was correct. You were reading tea leaves; chicken entrails, Ouija board, casting the bones; etc. It is obvious you are not much of a trader, if you are a believer in mythology instead of learning how to trade.
amazing the things people know about . . . water off a duck's back sonny before your time http://www.elitetrader.com/vb/showthread.php?s=&threadid=51120&highlight=crude and http://www.elitetrader.com/vb/showthread.php?s=&threadid=107289&highlight=crude
Yes. When someone is stupid, then the truth is useless. Fib levels and round number levels (50%, 33%, 25%), have been debunked in several serious studies. They are no more useful than random levels.