Thread: Miracle the Kaaba Fibonacci Theory 1.618

Pevasanto numbers are *NOT* Fibonacci numbers, even if the Remaining numbers Seems to be the same

Originally Posted by ;

The people believe in fibonacci. In addition they believe in large round amounts and major trendlines. The banks believe in them or that there are lots of retailers placing their orders at that price ripe for exploit. Traditional technical analysis is there to snare you, not help you. Just the other day there was a really clear bear trap on the Euro before it dropped like a rock. Banks wanted people keen to sell short rankings to them, and retailers did just that when they stopped out.

This is pretty accurate.

People put a lot of belief in technical indiors and patterns with no understanding why they function. Just because price hits a fib amount and reverses doesn't signify that it reversed because that amount is magical. It reversed because of orders, an imbalance of demand and supply at that certain fib level. There's a complete story going on behind your charts, find it out and you have a real advantage over the retail masses.

I used to think in that theory which markets where manipulated however I've overseen it after 2 decades of observations that they just move in the same wave motions as radio waves, oceon waves, galaxies to the same ratios and patterns. Novice traders become mixed up thinking fast volatility motion = cease searching (theres there inability to utilize proper risk management skills not cease searching a $100 trader?) Why do they target the little guy anyway he is nothing compared to the 4 trillion dollar market.

I think there is stop searching going on between banks making deals between themselves to benefit the other raising and loweing price those that have money and power to move the markets.

Originally Posted by ;

I used to think in that theory that markets in which manipulated however I have overseen it after 2 years of observations that they just move in the same wave motions as radio waves, oceon waves, galaxies on the very same ratios and patterns. Novice traders get mixed up believing fast volatility movement = cease searching (thats there inability to utilize appropriate risk management abilities not cease searching a $100 trader?) Why do they target the guy anyway he is nothing compared to the 4 trillion dollar market. I think there's stop searching going on between...

because that is the whole point? Do not allow $100 trader to become wealthy? And btw 4 trillion is a BS. . .they raised the leverage massively in order that they can exchange the same quantity but the actual money ain't there anymore.

GREED... Broker data demones it year after year... Holding on too long.... NOT TAKING PROFIT

Pigs get slaughtered...

Originally Posted by ;

mass think? But why 95% linoleic?

So you're trying to bring faith to FOREX. LOL. I suppose since the participants in FOREX are human, so that component might weigh on a number of them, however SERIOUSLY!

Originally Posted by ;

GREED... Broker data proves it year after year... Holding on too long.... NOT TAKING PROFIT Pigs get slaughtered... quote

let us check if this kaaba fibonacci concept 1.618 works. .

Originally Posted by ;

Lots of men and women think the amount 1.618 is a fools amount or only denying this amount everything reacts. Good to see it being used outwith the markets for observation appears to have virtue imo.

Doesn't mater the numbers. Fibo or any well known numbers like pivots react because of people think.

If now I decide to create a number - let us say 29.3569851236584879 - after couple of months/years and more folks use it day after day... the market will begin to react at it.