The only way to trade with fibonacci

since it took you 20 days to notice and respond to a post (03-05-10 11:23 PM), I think you have established how slow you are off the draw...

 

sorry dear; i aint no net cowboy. i was hoping for a picturesque response along with the usual sarcasm;

i hope you understood the message in the video that i linked in my post. dont like a child just blindly trust anyone what they say. they make these studies to take people like you for a ride. unless you like taking rides; not only that, you have to be a doctor to understand a cancer study and i assume you are at least a vet.

 

I didn't watch the video, because I doubt it would make any more sense than your earlier posts.

 

This sounds like a great strategy... if you want to blow out your account very quickly. Just guessing at where to buy and buying at every level will lead your account to a quick death.

 

We already tried explaining the probabilities in another thread to him. But he seems to be genuinely doing well.

It is either that, his luck is awesome, or he has found his own edge (though a sliver of one). Again, best of luck ABC.

 

of course what could be more important to you than paper trading the forex 27/7 tucked in your basement den

 

you didnt draw it right

 

The Gann ratios are similar to the Fibonacci ratios but not the same.

1/2, 1/3 (33%), 2/3 (66%), 1/4, 1/8...etc, are GAnn ratios.

http://en.wikipedia.org/wiki/Fibonacci_number

0,1,1,2,3,5,8,13,21,34,55,89,144,...

The above is the Fibonacci sequence. The ratio is found by dividing each number by its subsequent no. ...

0/1=0
1/1=1
1/2=0.5 (also a Gann no. if I recall correctly)
2/3=0.66 (also a Gann no. if I recall correctly)
.
.
.
89/144=0.618...
.
.
.
This operation is repeated until it converges on 0.618.....or 62% otherwise known as the Golden Mean.

There are many ways to use the fibs and ganns and all are ok but nothing is guaranteed.

 

if you are happy living with your blinkers on 24/7 then you dont need to watch it.

but what happens when someone gives a gun to a blinkered fella like yerself?

yeah you guessed it right smarty; thinking that they are going to shoot a frog they shoot themselves in the foot.

and then sheepishly this comes out of their mouth: oooops

 

Hello all,
I have been following fib's and elliot waves for many years but have rarely found a pattern that looks reliable. Does anybody know of a decent software package that gives better than 80% accurate signals?