Why Fibonacci?

I use Fibs and I hit 90% and yes for the last 18 years these “tools” have delivered in radical returns. I can easily haul in 100 pips per day few times per week. I hope I can answer for the sake of bob as it does relate closely to my style of trading.

:57:

Then I have to challenge your pride here. Can you present us your track record for the last 18 years of consistent “radical returns”? If so, we should all be learning from you.

Then I guess you are going to do the same first…

but said, Fibo were worthless and Gann the way to go… so I like to learn from you…

I haven’t claimed any win ratio besides “higher degree of success” to avoid situations like this.

In a world where “hard facts” can be fabricated… I prefer rather to walk forward as I have for months here… simply look at a few videos and you see Fibs in action and not in hindsight. If you can’t see that as more valid, I can’t help you. There is no pride here… if that was the case I’d say something like put your Gann against my Fib analysis… I can use either to validate the same.

Why do folks take a helpful hand and smack it away, I’ll never understand?

Here is a copy of my trade log. If need I can back it with account statements so you know I didnt just type some crap in. You can aslo verify these trade on multiple threads on babypips

I will also go out and say alchemy7g I just gained alot more respect for you by your comment on gann. Thats what you follow thats fine but you stated if it is not about gann your not interested. Well that means to me that you took the time to learn the tools you are using. That was the point I was trying to get across not attack you personally. Although I think that was the direction we wound up heading.

I guess someone has been living in a hole the last couple years…

I am a student of ICT’s and wouldn’t change it for anything…

ICT doesn’t have to prove anything to anyone, but the proof is already on babypips if you look around…

But if you said that Fibos are no good for trading and Gann angles are… then I guess you have hard numbers about the two tools… would you care to share?

lol… Sorry if I don’t spend my time during the trading days running through forums? lol…

I would like not to share because my success is exclusive to me only. My results cannot be duplicated because we don’t have the same brain.

:slight_smile: Then, pray tell… why would you be here then?

Secondly, how long have you been trading? Has it been strictly Fx or other asset classes as well?

Then may be you have brain for Gann but not for Fibos and ICT is the other way around…

are you following me? :smiley:

I’m dropping this with you. This will lead no where.

I see… well that explains it then. I can rest easy now that we have arrived at the barriers. :5:

It might be insightful for you to look into how a few of us here use Fibs and it might compliment the Gann studies used in your Trading. Something to think about at least.

[B]GLGT [/B]:57:

lol… Alright…I’m against too many traders here…

Yunny to his defense I dont think he never claimed that (it was someone else). It was just the statement something along the lines of I dont care why they work that got me fired up. Just like any tool in order to use it correctly you must know how and why it works.

It’s only the number 1 thread on this forums…

Most views and Most replies…

Everyday it’s at the top of the list because someone is almost always posting on it…

So yeah your correct it would be to hard to find even for someone just glancing at the forums once a day or even once a week…

Wasting time during the weekend lol…Long enough. Rusells2000,DAX,OIL,GOLD and BOND futures. Price chart is a price chart.

I keep an open mind. I’m going to look at your thread sometime this week. See what I could learn. Traders never stop learning.

All respects to everyone! No aggression intended.

They are magic numbers… always can rely on them to give us some kind of resistance/support