There's more to life than money, it might be fun at first but like I say the novelty soon wears off! Jobs and careers needn't be tedious, some people actually enjoy their job and are extremely well paid!

One thing you would pass on

Trading the extensions against the trend (ie reversing the trade) can be quite profitable, deciding on a suitable place to put a stop can be a bit of a problem sometimes though! Natural ebb and flow or self fulfilling prophesy.....who can really ...

Fibonacci is like a guessing game

You want to try the time extensions, they're a real blast....not! You too!

Fibonacci is like a guessing game

lol no worries, I've been doing this shit for years and just jumped on it, Fibonacci ratios fascinate me. To be honest I think the OP was already a lost cause, he hadn't lost the plot, it seems like he didn't even know a plot existed! As long as ...

Fibonacci is like a guessing game

Yeah I edited and added the chart, I though I'd better give a visual! You've probably got used to the way you draw them and it makes sense to you, but seeing as the OP seemed confused already I think that may have tipped him over the edge! If you're ...

Fibonacci is like a guessing game

161.8% is the target isn't it? Can you see 161.8% on my chart? Of course 50% will be in the same place, it's a matter of drawing them correctly though, and having your chart make sense, kinda important when you're trying to advise and show others.

Fibonacci is like a guessing game

lol, which ever way you cut it you've drawn them the wrong way round, the fib retracement percentages don't make any sense the way you've drawn them, have a look. If you need to draw 161.8% at the same time then add it. Like so, everything in the ...

Fibonacci is like a guessing game

I think you'll find you've drawn the fib levels upside down!! You should be drawing from the high down to the low for a downtrend retracement, your 100 (100%) and 0 (0%) need to be the other way round! Think about what all those fib levels ...

Fibonacci is like a guessing game

Some of these guys might not agree!

The easiest pairs to trade?

I'm not an expert on Experts but are your time frames below H1, I remember having a similar problem on the shorter <H1 timeframes where each backtest came up with very different results! You might also want to refresh data in case it's corrupted. ...

Forward Trading and Backtesting difference

Probably just erroneous data which wasn't filtered out, I would query it with the brøker and if it's affecting your chart analysis ask them to correct it. It looks like the low on that day was around 1.4370

Is this GBP/CHF data normal?

It's not mandatory to use Fibonacci you know!

Fibonacci is like a guessing game

Snoozefest

Fundamental trading

I'm not sure they're new rules are they, just clarification and enforcement of old ambiguous rules à la NFA! Brøkers will probably compensate by adjusting the way they stream quotes and fill orders, to be honest I doubt anything much will change for ...

New NFA rules about Price Slippage and Requoting

Don't! Get a career first, do something, anything, making money isn't the be-all and end-all and the novelty wears off, it's like being a kid in a candy store. Plenty of time to trade later.....

One thing you would pass on

Nah USD/TWD, I enjoy a challenge.....

The easiest pairs to trade?

Whiplash? We back to cars again?

The easiest pairs to trade?

You're one of the few exceptions, right? Well aren't you? Traders can trade pretty much anything but first they needed to learn how to trade. Then they go on to pick their preferred market, instrument, time frame(s), and strategy once they've got ...

The easiest pairs to trade?

I saw a couple of short interviews with him and wasn't that impressed, I'll have to check out his videos!

understanding trading

Traders thrive on volatility, it's the initial placement of the stop and movement of it when in profit which is important.

understanding trading