hungrybear
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Bonsai,
I think you're right about the abc. Also, did 8 days down, 3 up, so then follows as 2 down and 3 up making a new high on the 10th. Could extend to a full 13 up after 8 down, taking us to the 17th for a high. Just me trying to predict again
I think you're right about the abc. Also, did 8 days down, 3 up, so then follows as 2 down and 3 up making a new high on the 10th. Could extend to a full 13 up after 8 down, taking us to the 17th for a high. Just me trying to predict again
peter
'c' may be over but the question in my mind is whether the
full correction is over.
still it is probably right to be long now.
hope so anyway.
every trade is an adventure into the future.
put a trend line under this lot and it may provide a stop of some sort.
330 ? why not 430 ?
'c' may be over but the question in my mind is whether the
full correction is over.
still it is probably right to be long now.
hope so anyway.
every trade is an adventure into the future.
put a trend line under this lot and it may provide a stop of some sort.
330 ? why not 430 ?
HB and Bosai
Are these Fibbs time periods,I have been looking at cycles and time frames and have read that fibb time periods are 5-13-18 and 34.
Can you tell me what periods you are working on and how do you work them out,am keen learn because am using fibbs to trade.
Many thanks
Are these Fibbs time periods,I have been looking at cycles and time frames and have read that fibb time periods are 5-13-18 and 34.
Can you tell me what periods you are working on and how do you work them out,am keen learn because am using fibbs to trade.
Many thanks
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It's interesting to see other peoples methods and idea's about the way the market will go,so I will put my penny worth in.
after looking at the recent ftse short term cycles.I have notice that after a move up or down it retreats on average 0.786 which is a fiibbs ratio.So this may support Hungry Bears prediction.
Will say,this is only a idea so dont be hard on me if it dont work out.!!
LOL
after looking at the recent ftse short term cycles.I have notice that after a move up or down it retreats on average 0.786 which is a fiibbs ratio.So this may support Hungry Bears prediction.
Will say,this is only a idea so dont be hard on me if it dont work out.!!
LOL
hungrybear
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Use standard fib numbers: 3 5 8 13 21 34 etc
key is starting from the right place. Can do long-term and short-term counts. When long and short term match - bingo (hopefully ).
Starting from an obvious high or low is a good idea. There were 8 days down from the last high, so, if the trend is down there would likely be 5 up to make 13 (the next number in the sequence). There were actually 3 up to almost make a high, and as today is the 5th day, unless the market tanks down (very unlikely IMO), the next major high is likely to be 13 days up from the low.
key is starting from the right place. Can do long-term and short-term counts. When long and short term match - bingo (hopefully
). Starting from an obvious high or low is a good idea. There were 8 days down from the last high, so, if the trend is down there would likely be 5 up to make 13 (the next number in the sequence). There were actually 3 up to almost make a high, and as today is the 5th day, unless the market tanks down (very unlikely IMO), the next major high is likely to be 13 days up from the low.
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HB.
Thanks for that,its helped me a lot,so I can use time frames with my other fibbs moves and patterns.
LOL.
PS you have made a similar boob to me 33 should be 34,I do things too fast as well.Change it quick before the Gov' see's it.!!
Best of luck.
Thanks for that,its helped me a lot,so I can use time frames with my other fibbs moves and patterns.
LOL.
PS you have made a similar boob to me 33 should be 34,I do things too fast as well.Change it quick before the Gov' see's it.!!
Best of luck.
hungrybear
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33? Don't know where you saw that - LOL (now we just need to delete these messages!)
