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genghistar replied Feb 6, 2016Hi all fib adherents and one last fibbish note from me and I am out of here for good. Even amongst some die-hard fibbers I believe there are still many who is using it in an arbitrary method and thus the result is far than optimal. In my long period ...
Where is the logic behind applying Fibonacci to trading?
- genghistar replied Feb 6, 2016
I m in this for 30+ years I m 65 now and right now I was almost destroyed by cancer and definitely not by trading. The reason I may sounded egoist is becos time is precious and I have to shoot from my hip and if that bothers you then I will take ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- genghistar replied Feb 6, 2016
I believe............no further ado. GS.
Ratios & Harmonics: a Different Way to Trade
- genghistar replied Feb 6, 2016
I thought forex is all about numbers but fair enough I will take back my question. TQ GS.
Ratios & Harmonics: a Different Way to Trade
- genghistar replied Feb 6, 2016
Absolutely agreed and I m pushing indefinitely to get them to commit and be convicted on their calls. Perhap you like to make your call too? GS
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- genghistar replied Feb 6, 2016
Hey Master Mr Pip: You use to do this and I think its great cos there is a number behind every levels and I am wondering whether you would be able to continue on this basis? GS
Ratios & Harmonics: a Different Way to Trade
- genghistar replied Feb 6, 2016
Sun, I have been asking and questioning too much theory lately and I have been banned from many threads especially in the Trading Systems Thread. Just trying to be extra polite lest I get banned in this thread too. GS
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- genghistar commented Feb 6, 2016
I still appreciate those old school analysts of yore who despite great odds and limited resources have the balls and galls to make definitive trade calls. Nowaday the new bloods mostly use nice metaphors and good story lines to mask their weakness ...
Dollar Beaten Back but Cynicism is Unwarranted
- genghistar replied Feb 6, 2016
Gold is now gunning for 1184/1206 level and for it to turn bullish it has to breach 1250 and 1206 to hold which is not likely on this drive. I will make a definitive intraday calls come Monday and for those in the dump can confidently use it to ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- genghistar commented Feb 6, 2016
Its pathetically funny to see how he try to curve fit the Gann onto his chart.....common give me a break lol. Maybe he is new to the famous American term call `Goldilock Zone` as I have pointed out last week end.
Why has the US Dollar weakened so significantly?
- genghistar replied Feb 5, 2016
The simplest logic is fib is merely a tool and like all other tools of course it wont work if one does not know how to make it work. I use it all the times simply becos I can get it to work for me. And for those who fail to get it to work there are ...
Where is the logic behind applying Fibonacci to trading?
- genghistar replied Feb 5, 2016
As a strict operator of applying Fib in all my trading to follow price movements in determining both intraday and m/t hold/breach levels(support/resistant), I will personally vouch for the reliability of fib in this context of my daily fib usage. By ...
Where is the logic behind applying Fibonacci to trading?
- genghistar replied Feb 5, 2016
Are you sourcing for students or inviting traders to join the competition?
Only learn forex trading from a coach who:
- genghistar commented Feb 4, 2016
Isnt this obvious? Imagine if headline reads EUR/USD Opens Lower After Bullish Breakout...LOL... Camarilla ..oh I see..trying hard to be unique and creative huh....
EUR/USD Opens Higher After Bullish Breakout
- genghistar replied Feb 4, 2016
I wont call it logical reason but I would rather say the right application on how to use it correctly in the specific context in forex in the areas of trends, pullbacks retracements projections etc. Price moves without hardly any logic mostly...And ...
Where is the logic behind applying Fibonacci to trading?
- genghistar replied Feb 4, 2016
Since I am using fib exclusively for all my trades so I would like to share what my understandings on fib in relation to my trading. Fib is but only just a trading tool I use to measure and quantify the price movements same as I am using a ruler or ...
Where is the logic behind applying Fibonacci to trading?
- genghistar commented Feb 4, 2016
Absolutely... the only thing we know for sure is price will go up and down and the next best thing one can do is try to follow the price as close we we can..So when we sell we are banking on the price to go down more than when it moves up and when ...
EURUSD Soars 240 Pips, Breaks Key Resistance
- genghistar commented Feb 3, 2016
I am waiting for the day whereby they will have the balls to stake their repute by making definitive pre-trade calls and end this 20/20 hindsight analysis like as if we are blind and incapable to analyse post trade PA ourselves.
EURUSD Soars 240 Pips, Breaks Key Resistance
- genghistar commented Feb 3, 2016
To the chinese its only paper with some numbers on it and they might even change it to Iyuan from yuan if they so decide to......there is no value to it just the costs of papers and the inks just like the US......
The Great Escape from China
- genghistar commented Feb 3, 2016
Wondering if Sec Lew spoke to Soros cs first prior to speaking with VP Wang?
U.S. Treasury Secretary urges China to communicate FX policy clearly