Hi albchr thanks for joining in! I have to say that i heavily lean towards your stance on fib numbers having a greater connection outside of trading though with our meager understanding of physics and 'reality' i don't think it's right to say that ...

Fibonacci Indicator? Is it a big Joke?

That's a fair point May I elaborate and say that their usefulness is partially determined by the users understanding of the indicators' pro's and con's and knowing when to use it in the correct scenario? I mean, if you notice a high correlation ...

Fibonacci Indicator? Is it a big Joke?

My point being that 'indicators' are just graphical representations of mathematical relationships between variables using statistics (and averages most commonly) Candles or bars are the same thing however the indicators that most people discuss and ...

Fibonacci Indicator? Is it a big Joke?

Would you consider price action to not be an indicator? Candles and bars aren't either?

Fibonacci Indicator? Is it a big Joke?

If you were to look at the market in analogies of physics ie. vectors, velocity, acceleration, momentum, volume, 'friction'(resistance) etc. things might start making a lot more sense... Of course you wouldn't use a constant like gravity or ...

Fibonacci Indicator? Is it a big Joke?

A question to sisse and/or the fool: Yesterday I couldn't help but see a short on the S&P [19(40/30)] though it's only continued rising since yesterday, do you see it going north or south of here? Regards, Hat.

The Really Useless Thread

If that graph were an iq test, I'd say it's got one last push before the down... Perhaps it might reach .7 afterall?

NZD/USD

Pardon me for not checking your chart but i see 1.13222 as likely support

EURUSD

Just gonna say everything is indicating good news... I might be wrong..

EURUSD

Where you have the red marking is the centre of the line I'd draw, start one red candle behind the centre and place the end point on the bottom of the green candle pushing that little spike to 4665 p.s. Use a fib fan..

EURUSD

I'll keep that in mind thank you

EURUSD

Someone mentioned a death cross in the us index earlier on[thank you investopedia], I only see it going up in the next 24hrs but I could be wrong...

EURUSD

Hey, Generally if the news released for a country is good it will improve, however, that isn't always the case Best of luck. [edit]: If us news is good usually that will boost the usd and lower the euro..

EURUSD