"The only way to trade with Fibonaccis" journal

This is boring journal.... no trade...... no trade...... no trade......

but i congratule you on your transparence and live calls.

many trader here brag about accomplishment and are authority on trading............ yet they never do live calls......

 

I appreciate your compliments

2/13:

No trades. Yesterday was just a tease down day.

 

2/14:

No trades. Just when I thought today was going to be a down day, what happened at the close?

 

2/15:

No trades. But perhaps the start of a retracement?

Thanks for your patience during this slow time. This hasn't been the most exciting journal recently

 

2/16:

No trades. Another big up day!

 

2/17:

No trades. Patience is key.

 

I forgot the market is closed tomorrow. Gotta wait one more day to see if this uptrend is gonna keep going up.

 

Two possible entry levels depending on where you draw the retracement.

OMG LOOK HOW THE TWO LINES ALMOST LINE UP!!! IT MUST BE THE MAGIC HARMONIC POWER OF FIBONACCIS!!!!! :eek:



edit - whoops I accidentally clipped the dates on that chart. That's a 3 month daily chair of SPY.

 

2/21:

No trades.

 

2/22:

No trades