It is Sunday Night. I am here because I trade all the tine and the futures markets open Sunday afternoon here in the Pacific time zone. So I will multi-task while watching my trades.
I believe I can be of some help on what purports to be an educational thread on Fibonacci as a trading tool. I hesitate to spend much time on posting here as I am not sure just what the posting participants really are wanting; by that I mean -- humor, or serious inquire relevant to the topic, or perhaps enjoying attempts to argue, or to attack or cajole a poster into some contest of 'let's make a fool of that poster'. I would like to believe that all who post here have a serious interest to either assist with real helpful input or to read, learn, and ask relevant questions. I suggest if a post is not clear or if you believe it is lacking some information -- then an appropriate post would be simply "please clarify by posting _________ (chart, explanatory text to your specific clear question)
I like this thread and most of the posts thus far and hope it will be clear and very informative. To keep my posts as short as possible I will put a Subject heading at the top of each post.
My next posts will be Several: How to Use Fibs as an Excellent Predictive Trading Tool. I trade primarily Futures and Futures Options. I will post charts.
For now I will post an ES trade which I opened just before the close of the ES on last Friday;
This is a trade analysis and perhaps it is not clear to those who have not used this graph. Look at the bottom for what makes up the trade. ES futures and ES options used to Hedge.
I believe I can be of some help on what purports to be an educational thread on Fibonacci as a trading tool. I hesitate to spend much time on posting here as I am not sure just what the posting participants really are wanting; by that I mean -- humor, or serious inquire relevant to the topic, or perhaps enjoying attempts to argue, or to attack or cajole a poster into some contest of 'let's make a fool of that poster'. I would like to believe that all who post here have a serious interest to either assist with real helpful input or to read, learn, and ask relevant questions. I suggest if a post is not clear or if you believe it is lacking some information -- then an appropriate post would be simply "please clarify by posting _________ (chart, explanatory text to your specific clear question)
I like this thread and most of the posts thus far and hope it will be clear and very informative. To keep my posts as short as possible I will put a Subject heading at the top of each post.
My next posts will be Several: How to Use Fibs as an Excellent Predictive Trading Tool. I trade primarily Futures and Futures Options. I will post charts.
For now I will post an ES trade which I opened just before the close of the ES on last Friday;
This is a trade analysis and perhaps it is not clear to those who have not used this graph. Look at the bottom for what makes up the trade. ES futures and ES options used to Hedge.
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