Toocool,
If you read my post, I have mentioned the basis how he trades i.e what data he looks at. Method's he did not disclose, and I make it a point to NEVER ask anybody for their strategy.
He has about 21 different setups basis H/L/C of yesterday, day before, and today's 15 M prices.
Basis this, it is classified into different setups and price ranges. Some of these are named as follows :
2+1 / 1+2
Strong Director / Weak Director
Rabbits Way
Runaway Gap
Rising Channel / Falling Channel
etc. etc.
What's the link to your thread? Maybe we can carry on the discussion there.
Goodluck.
If you read my post, I have mentioned the basis how he trades i.e what data he looks at. Method's he did not disclose, and I make it a point to NEVER ask anybody for their strategy.
He has about 21 different setups basis H/L/C of yesterday, day before, and today's 15 M prices.
Basis this, it is classified into different setups and price ranges. Some of these are named as follows :
2+1 / 1+2
Strong Director / Weak Director
Rabbits Way
Runaway Gap
Rising Channel / Falling Channel
etc. etc.
What's the link to your thread? Maybe we can carry on the discussion there.
Goodluck.
Tell me some more about it, as an intraday trader a couple of years ago I was trading on fibonacci levels too, but those levels were derived from important highs and lows, and also from intraday movements, I think more info on this, and i might see what he does, I will try to see it on my chart on this basis soon and will post in my thread
Btw, I believe that markets is about a natural movement because of the combined buying and selling forces, mentioned that already , the reason is I have seen fibonacci working real time daily for more than a year, though I left intraday but still.
I would say fibonacci is what makes the markets move (in a way) :thumbup:
Btw, I believe that markets is about a natural movement because of the combined buying and selling forces, mentioned that already , the reason is I have seen fibonacci working real time daily for more than a year, though I left intraday but still.
I would say fibonacci is what makes the markets move (in a way) :thumbup: