Fibonacci secrets

Is there a specific 'technique' you are referring to, or are you asking simply about buying or selling retracements (or extensions), at key Fib numbers? If a specific technique, what's the supposed "secret" about it ?
 
may be he is trying to find out about knowedlge of ET traders.
Well i think 95% of ET traders know how to simply us it.
What about Fabionacci fans?, I don't realy know much about it
 
1 1 2 3 5 8 13 21 34 55 89 144 233 ... What's the big deal?

The real secrets lie in 2 3 5 7 11 13 17 19 23 31 37 41 43 47 ...

Of course, if all you are interested in is money, it should be sufficient to look at something like 1.1 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.59 ...
 
Quote from Sigsbee:
Is there a specific 'technique' you are referring to, or are you asking simply about buying or selling retracements (or extensions), at key Fib numbers? If a specific technique, what's the supposed "secret" about it ?
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Could be asking about that outfit that's been spamming the hell out things lately with their stupid "learn fibonacci trading secrets" emails.
 
Quote from Lobster:

1 1 2 3 5 8 13 21 34 55 89 144 233 ... What's the big deal?

The real secrets lie in 2 3 5 7 11 13 17 19 23 31 37 41 43 47 ...

Of course, if all you are interested in is money, it should be sufficient to look at something like 1.1 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.59 ...
More...
Yeah sure 377 is no big deal. And 53 is a secret.

But I think the real money makers after 1.46 are 1.60, 1.76, 1.93, 2.12, 2.33, 2.56...

Am I wrong?
 
'Fib' always meant BS where I come from. Fibonazi was just some particularly onerous BS. Never knew there was anything secret about it ... Ooops! Did I let the cat out of the bag?!
 
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