Planet Earth's ultimate Short side game began Nov 2021

50% vs 61.8% ................... why the 50% level causes me to be early sometimes, like this time in this particular trade in QQQ.

50% is not a real Fibonacci number but markets have a tendency to go there and reverse. Nobody knows why and neither do I. So I place odds of reversal at that level. Many times I'm right and other times I'm wrong.

61.8% is the more nimble level


Comparing the 50% to the 61.8% is akin to comparing Bruce Lee's opening technique in the fight to the one adopted after getting smacked real good left and right. The nimble approach wins hands down. Therefore 61.8% is the tried and true trusted stable winner in preference to the 50%. But can I be cured of the 50%? I doubt it. Its in my blood now. :)






 
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