Should we use all the Fibonacci ratios or only 0.382?Hi
no one re active with me or want to think with me but i will keep talking with my self .
Present to you today, if God willing, a method or formula to determine the future price targets on the basis of determining the top and bottom of the previous using fibonacci :
projected fibonacci targets (PFT)PFT = ( Fiboanncci Ratio * A-B ) / Fiboanncci Ratio - 1
The idea of the equation :
1 - Select the last top and bottom the price make .
2- lets say the top is A and the bottom is B in down trend and Viceversa for up trend .
3- take the price of the top A and the price for the bottom B and do the next :
Fiboanncci Ratio : it is Fiboanncci rate
23.6 % and 38.2 % and 50 % and 61 %
lets take EX (EUR/USD):
A = 1.2705 ( the bottom in our EX )You must be registered for see images
B = 1.2899 ( the top in our EX )
If we apply the equation to find the second goal for the price we will have the following :
PFT = ( 0.382 * 2705 - 2899 ) / ( 0.382 - 1 ) = 1865.69 / 0.618 = 3018
So after the first target 1.2958, the price will go to 1.3018
and this is what realy happend .
now if you well not active with me I well not share more .
just give ur mind the space to think with me .
thnx , yes i see you just post in idiea like thisVery interesting formula MJ. Can you continue please. I'm really interested in this idea.
Thanks MJ for your kindness.
yes in up trend and in down trend like this :Do you use the same formula if it goes down? And where did you get 1.2958 from?
yes we are going to use all of them like this :Should we use all the Fibonacci ratios or only 0.382?
Hi MJ,some Fiboanncci number secret,s
( 1.618 )
( 0.618 )
( 14.60 )
( 11.80 )
( Multiples of 3 )
3 ? 7= 21
3 ? 48= 144
3 ? 329= 987
3 ? 2255= 6765You must be registered for see images
majjed how can we be active with open mouth! Completely new to many of us. I was not big fan of Fibonacci becasue many use it. But you brought my attention to him. Just continue, we listen! It is a miracle secret you brought to us.
on this link is another miracle in prediction price movement. Unbelievable! It is FX Holy Grail. Look the videos.
( I forget to uncheck the bustards).
We all are on the journey for the Holy Grail. Together we arrive earlier.
Knez, the guy will sell it in summer 2010? The problem will arise when Wall Street get it in their hands because he discovered the natural law and nobody can change it. It is part of the cycle in universe. He should keep it secret, not to sell to public - and give it only to me! Ha. ha, ha...
I don't know what response comes from Wall Street? But for sure more restrictions and tougher rules!
Knez, big money is made not by working hard, but by working smart. Sweating destroys the pleasure of money. Sweating belongs to gym.
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