Every cycle (in my world) works like this - you have have a 0 -100 Fib. If it breaks the 0 or 100 level (Enter Levels) it shows it will go 38.2% further to complete that cycle - once that extended target is reached you move onto your next target. A correctly designed fib like the one I posted is a tool to help you read - if you can't read or are unwilling to truly understand why the price goes up and down you will never know what or why you are trading - in my opinion of course.
Books or Study material for Fibonacci
- Thread starter MacR
- Start date
You still didn't say how you determine where to draw fibs from.
Note I've been using fibs, the right way, since the late 90's.
I was just posting an example - if it resonates with you then try what I'm showing - do anything - anchor the fib on any two candles and watch the price action...Geez. ( I thought your name was Geez, but I now see your name isn't Geez and it was more of an unnecessary exasperation. I will stop my efforts to help - sad to see.
How am I suppose to show you? You think it is that easy?? Sounds like you already know everything - good luck.
Exactly how are you going to show me anything without showing me anything.
Uhhh just pick a spot, any old spot.
The fact you think my knowledge could be shared in a forum post shows you know absolutely nothing - the fact you think there is a "spot" shows how truly ignorant you have remained since the 1990's. I joined here to try and help a few good people (you are not one) - it was my new year's goal. If you were successful you would be less of an irritant I'm sure.
I created the largest most active thread in the world - with millions of views on the largest forum in the world and helped 100's of students (I'm retired from that now). If you were using Fibs in the 90's you know who I am.
I'm sure you help as well..like this thread - you seem like such a stand up guy - your mom is surely proud. I will take my free efforts somewhere else as not to bother you anymore.
I created the largest most active thread in the world - with millions of views on the largest forum in the world and helped 100's of students (I'm retired from that now). If you were using Fibs in the 90's you know who I am.
I'm sure you help as well..like this thread - you seem like such a stand up guy - your mom is surely proud. I will take my free efforts somewhere else as not to bother you anymore.
Really?? You laugh "hahaha" like an immature 10 year old??
You have been here since 2008? Almost 12k in posts? All showing "the spot" you use to make your millions I'm sure. It is traders like you that stop actual traders from helping others in a public forum, while you add nothing but negativity and ignorance.