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4 comment(s). Last comment by ScrewDriver 2017-11-02 15:06
Posted by JaniceLove > 2017-10-20 07:43 | Report Abuse
Was the economic situation in 2008 and now similar? Do you need to take the overall economic situation into consideration or just base on chart comparision?
Posted by nekosan > 2017-10-20 07:57 | Report Abuse
lol another rubbish analysis
Posted by ScrewDriver > 2017-11-02 15:06 | Report Abuse
If you really have read the old-skool Elliott Wave theory book by Pretcher before, you should know that the Fibonacci ratio works for percentage gain, not on point gains.
Not sure from where have you learnt about the Fibonacci ratio,but the way you employing it was incorrect.
And for proper charting, one uses only log scale especially for long term chart.
K thx bye.
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Thkent91
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Posted by Thkent91 > 2017-10-19 23:41 | Report Abuse
Your 1.618^n got so much tolerance one ah? i see around 10-20% tolerance.you think mr market will ngam ngam take fib number can causes crashes? if so einstein and edision have already makes trillions of dollars