Recent content by GoldenY

Hi all, I think that the statements made above need to be taken in context. First, the bullishness and bearishness depend on the market in quesion i.e. In the S&P since 1984, Monday's have been the most bullish in terms of finishing positive, whilst Wednesday have been the most bullish in...

Hi all, On volatile days like today, I often notice that the (spreadbetting) electronic trading platforms go down, and when you try calling in, the phones ring for ages and no one picks up. Is this a ploy by the spreadbetters, or can it be attributed to high trading volumes? My understanding...

I quite agree - by using the close only - you neglect the useful information that is conveyed in the full price range for the bar

Nice document Thanks for your contribution. Your article gave me quite a few ideas on the creative application of fibonacci.

Nice document Thanks for your contribution. Your article gave me quite a few ideas on the creative application of fibonacci.

I use Fibonacci extensions in conjunction with my own proprietary indicators.

Time is precious Time is precious. Imho, it is not worth arguing about whether TA or Fib or EW works or not. People would have already made up their minds before coming to the table and in most cases, will refuse to be persuaded otherwise. There are many ways to make money in the markets...