Come to our offices in San Diego. I'd love to show you. You sound more like a person who does not benefit from the markets. Gotta have a plan Anyways, have good trading.
Fibs are only a TOOL!. Use what works. It may be "Self Fullfilling", but if it gives you a target to enter and exit (like I use it for) and I can make any profit, why rock the boat?
I sound like a person who gets evidence before believing in things. Several studies have shown they have no value. I would say a person who uses something without proof, like yourself, is someone who does not benefit from markets. Again, present strong evidence, otherwise you will make no points with me. They have been debunked. You are only expressing unfounded opinions. When you keep pointing to other things to mix in, then you have done nothing to prove Fibs. If you trade by first throwing salt over your shoulder and repeating a couple of incantiation before you place a trade, because you feel strongly about it, then you have no business arguing for their value. In other words, don't babble. Prove your point with strong evidence. Post 20 trades below AHEAD of time, founded ONLY on fib. And we will see your results. Stop quoting you need to use it with other things. That means you have no idea if it has value. So again, using random levels would likley give you the same results as fib levels, which was pretty much what was found when it was actually tested. Mixing garbage with garbage only gives you more garbage.
It does NOT work. it is not self-fulfilling. You are quoting mythology and superstition, not sound trading methodology. Turn around in your chair 3 times!!! Consult volume! Wear blue!!! Think success! Wear amulets!!! are all at the same level of your statements.
Here is a trade taken today on the 6B. If you visit our site I post live trades too now and then so you can see the progressions of the trade setups. Anyways, you're obviously bitter about Fibs and you don't "believe" in them. So to make you happy I'm just going to stop debating with you.
Here is another attachment for ya. These are the trades from the GBP taken a few hours ago. <img src="http://ratiotrading.com/images/6B_orders.jpg"> <img src="http://ratiotrading.com/images/6B_performance.jpg">
Debate? As I originally said, people will believe in it. But they wont publish standalone proof Displaying a few examples. Show the fib ratios that result in profits, not your photoshops that demo you dont grasp statistical proof I hope you will no longer "debate." you never started.