Have you ever thought of Fibonacci retracement on only 2 candles?

Discussion in 'Trading' started by ninZa.co, Sep 1, 2023.

  1. there are 20 rooms that had the word fib in their title, for example: dowfibs.com; fibanalysis.com; fibnodes.com; fibolive.com ; fibonacci.com; fibonacciqueen.com; fibonaccitrader.com; fibonaccitradinginstitute.com; fibotrader.com; fibozachi.com; fibtimer.com. They are all pretty much worthless as none of them trade - Fibonacci or otherwise, none of them have a track record, none have any data. Do you have any data on yours or are you going to be all vendor/no trader also?
     
    #11     Sep 1, 2023
    murray t turtle likes this.
  2. Wrong on both counts. Sorry, but you really don't know what you're talking about.
     
    #12     Sep 2, 2023
  3. %%
    SURE you use only 2 daily bars, must be drunk now ???
    WAKE up those are candles:D:DConfusing candles with bars = ultimate flaw
     
    #13     Sep 5, 2023
  4. mervyn

    mervyn

    You can look at DELL chart from the earnings beat, let us know what you think.
     
    #14     Sep 5, 2023
    murray t turtle likes this.
  5. %%
    OK/
    but with 20/20 hindsight/that's tech even better with 3 day chart + 777 day moving average
     
    #15     Sep 5, 2023
  6. mervyn

    mervyn

    But I want to short to the gap down… mean revision?

    what has Dell to do with AI? Absolutely nothing.
     
    #16     Sep 5, 2023
    murray t turtle likes this.
  7. %%
    Good down blip on SPY + related [aka mean revision]\;
    meaning SH+ related goes up a bit , on SEPT sell off. Good loss cut on QLD........
     
    #17     Sep 6, 2023