Meaning how and where you apply, regardless of symbol, timeframe, bar type etc.
Fibs don't work
- Thread starter SunTrader
- Start date
To the contrary Mickey, nothing mystical just the chart no rsi's, ma's, sma's ,or the rest of the lagging indicators.
Just one set of fib levels, one fx pair, one time frame and Pattern recognition.
And of course a monkey next to you trading Crypto.
What is the spiritual significance of Fibonacci?
The spiritual meaning of the Fibonacci spiral is often associated with balance, harmony, and perfection. Some believe that this pattern represents the infinite and interconnected nature of all things. It symbolizes the natural order and balance found in the universe and signifies the beauty and efficiency of creation.
What is the sacred geometry Fibonacci?
The Fibonacci sequence is an aspect of Sacred Geometry, a geometric symbol that resonates across nature and through various spiritual traditions around the world. defined as a spiral, or a series of spirals.
Source: Google.
The spiritual meaning of the Fibonacci spiral is often associated with balance, harmony, and perfection. Some believe that this pattern represents the infinite and interconnected nature of all things. It symbolizes the natural order and balance found in the universe and signifies the beauty and efficiency of creation.
What is the sacred geometry Fibonacci?
The Fibonacci sequence is an aspect of Sacred Geometry, a geometric symbol that resonates across nature and through various spiritual traditions around the world. defined as a spiral, or a series of spirals.
Source: Google.
Hi, So are you saying there is only one way to (How and where to apply) Fibonacci levels?
If there is a standard (How and Where) please give me your thoughts.
Thanks.
There is a "standard". Found by defining the standard based on "what works profitably" and provides the "Edge" to put the PROBABILITIES in your favor. Most believe, that sharing their system or edge is detrimental to them and they are reluctant to share. I am not reluctant as the more that use the same fib ratios and patterns the "stronger the edge becomes."
Once a trader convinces themselves that Fib settings are correct, meaning that they are profitable on 75% of their trades -- then confident trading with Fibs -- provides consistent profits.
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Hi MACD,
So the standard is individual what works best profitable wise for each of us, Ok thanks.
You are right about sharing strategy's as many traders have spent months / years forward / back testing there strategy's /edge to achieve profitability many of there strategy's wont be found in books, so you can see why they want to keep it under there Kilt ,so to speak.