Quote from TraderZones:
I sound like a person who gets evidence before believing in things. Several studies have shown they have no value.
I would say a person who uses something without proof, like yourself, is someone who does not benefit from markets.
Again, present strong evidence, otherwise you will make no points with me. They have been debunked. You are only expressing unfounded opinions. When you keep pointing to other things to mix in, then you have done nothing to prove Fibs.
If you trade by first throwing salt over your shoulder and repeating a couple of incantiation before you place a trade, because you feel strongly about it, then you have no business arguing for their value.
In other words, don't babble. Prove your point with strong evidence.
Post 20 trades below AHEAD of time, founded ONLY on fib. And we will see your results. Stop quoting you need to use it with other things. That means you have no idea if it has value. So again, using random levels would likley give you the same results as fib levels, which was pretty much what was found when it was actually tested.
Mixing garbage with garbage only gives you more garbage.