Recent content by XTX

I don't think the author is frustrated. It is the opposite, he is very confident that fibos are myth. Unless you have robust argument against his research, I am inclined to accept his opinion. Could you please tell us a little bit more how you use fibos?

How about the article below? It shows rigorously that Fibonacci levels have no more significance compared to other levels. http://forexop.com/strategy/fibonacci-fact-or-fiction/

In 5 trillion daily market even 100 millions are not impressive. Also take into account that 1. Around half of the market is long and the other half is short, and fibos for those will be different by level and trades in opposite direction 2. People draw fibo levels differently by choosing...

How to calculate fibo driven volume Does anybody have an idea on how to estimate volumes traded based on fibo levels by all types of traders? Or are there any surveys that can help to estimate the importance of fibos in FX? If there are not such surveys may be we can organize it among trade2win...

Hi guys. Can you share here please how do you use fibonacci retracement levels in your trading and do you find it as a valuable tool or not? I have read this article, which claims that Fibonacci levels are human made, but I don't understand the technics used in it to be honest...