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Greetings Traders.
I guess the question in some minds may be, "is it really worth trading
Fibonacci and/or Gann methodologies?"
On Realtraders one such discussion seems to have gotten out of hand, and
I know that I'm partly to blame.
I'll dispense with continuing that thread for it wears like trying to
place a round peg in a square head.
We have many here that are long timers and are set in their trading
ways, and thus such discussions go neither way except to the asprin
bottle. Granted, non-constructive.
But for those who come to Realtraders because they are still trying to
find that method that can work for them, maybe a technique that one
individual thought was self-conclusive, showing a chart with arrows on
it, would help on the other side of the coin.
Below is a graphic which contains the extraction of the current price
bars of of 4 separate markets. Those bars end on today for each clip
(9/18).
Those four markets are the first 4 markets listed on the Fdates Report
(related to Fibonacci). The other markets are not old enough for me to
post here yet.
Would locating these points have helped your trading in any way? If you
say yes, I highly recommend you drop what you are doing and learn
Fibonacci/Gann as soon as you can. Many books on the subject.
Start with:
Fibonacci Applications and Strategies for Traders Fischer
Turning Points Duffy
How To Profit Trading Commodities Gann
cheers!
:)
rick
--
FutureSoft Publishing - The Trading Calculators (TTC)
Market Forecast Of The Week - >>>>> http://FSoftPublishing.com <<<<<
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