Fibonacci
First look at my new Fib based indicator True FibsThis is a first look at my new charting tool True Fibs. The chart speaks for itself. I'll be making it available for use in the next couple days. Altogether I have 4 or 5 Fib based indicators / tools in the works so if you are using FibbyTenths or like the idea, stay tuned.
Thai baht daily forming cup + handle over a long timescaleIf it keeps getting stronger, this will sting for the tourists this year...
Example of FibbyTenths indicator on DOGEBTCI recently put out an indicator entitled "FibbyTenths" and wanted to show a nice example of its usage. Here it is on DOGEBTC on the 1D chart. What are you looking at? Line 1.000 (pink) is a baseline from which all other levels are calculated. To get the 0.618 line (for example)= Baseline * 0.618. Pretty easy. As you can see, there are numerous examples of the price reversing direction from, or rebounding off, the 0.618 and 0.236 lines.
2 BEST-FIT PITCHFORKS CROSSING EACH OTHER + 1 FIBONACCI CLUSTEREURUSD / 15 minutes timeframe / an example of a high-potential reversal zone created by fibonacci based-pitchforks and fibonacci levels.
How did I get this?
Two best-fit pitchforks (yellow and orange pitchforks) that have their three respective validated hits on their median line, upper parallel and lower parallel were drawn. The Swing Highs and Swing Lows of the pitchforks were also useful in drawing two types of fibonacci levels: extended retracements (1.236 and 1.272 extended retracement in this example) and basic fibonacci levels (0.318 level in this example). This fibonacci levels that are extremely close between each other form what we call a fibonacci cluster (which can be considered as a support and resistance zone).
When the 0.382 parallel of the orange pitchfork, the lower parallel of the white pitchfork, the 1.272 and 1.236 extended retracements and 0.318 fibonacci level were extremely close between each other, this created a 3-5 pips high probability turn-around zone for price, which basically means that there was a high probability for price to reverse, which in this example happened. When traders have this type of scenario, they can have a very tight stop loss with this specific timeframe, which allows them to have a great risk-reward ratio if their trade goes well and if their money management system is efficient.
FibbyTenths: A New Way To Fib?I've been working on a a new way to use Fibonacci number derived ratios. In a nutshell, after calculating line 1.000 (top secret info right there, haha) in the chart above, I multiplied by 2.618 which gives us the upper purple line. Next step is to find the difference in price between lines 1.000 and 2.618. Difference is then multiplied by tenths (i.e. 0.1, 0.2, 0.3, etc) and the results are subtracted from line 2.618 to create the rainbow. I'll release a more functional version of this script within a few days. Higher and lower levels will be added plus a surprise feature. In the mean time, I'd love to hear y'all's opinions on this here chart.
Ordered Chaos : " every Asset Class behaves this way "Ordered Chaos
every Wave is born from Impulse, like a Pebble into Water.
every Pebble bears its own Ripples, gilded of Ratio Golden.
every Ripple behaves as its forerunner, setting the Pulse.
each line Gains its Gravity.
each line Tried and Tested.
each line Poised to Reflect.
Confluence of 2 is Dependable.
Congruence of 3 is Respectable.
Coincidence of 4 is Worshipable.
every Asset Class behaves this way .
every Time Frame displays its ripples.
every Brain Chord rings these rhythms.
He who Understands will be Humble.
He who Embraces will observe Order.
He who Ignores will behold only Chaos.
Ordered Chaos
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want to Learn a little More?
can you Spend a few Moments?
click the Links under Related.
The "Pulse" of an asset times Fibonacci: Kiwi Chaos in OrderOrdered Chaos
every Move is born from Impulse, like a Pebble into Water.
every Pebble bears its own Ripples, gilded of Ratio Golden.
every Ripple behaves as its forerunner, setting the Pulse.
each line Gains its Gravity.
each line Tried and Tested.
each line Poised to Reflect.
Confluence of 2 is Dependable.
Congruence of 3 is Respectable.
Coincidence of 4 is Worshipable.
every Asset Class behaves this way.
every Time Frame displays its ripples.
every Brain Chord rings these rhythms.
He who Understands will be Humble.
He who Embraces will observe Order.
He who Ignores will behold only Chaos.
Ordered Chaos
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.
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want to Learn a little More?
can you Spend a few Moments?
click the Links under Related.
The "Pulse" of an asset times Fibonacci: Trillions workin 9 to 5workin 9 to 5
Reality is Stranger than Fiction, really.
Rally of Euro was from Dollar, totally.
Random is Something yet Sorted, only.
did Euro really hit 9.618 exactly?
did Euro return to 5.618 finally?
did EuroMotif see this Clearly?
the Dollar is in a Dulldrum.
the Feds beatin a new Drum.
the Govs been in shut Down.
even a Terrible week does Nine to Five.
even a Trillion coins will Flow to Order.
even a Trader places his Order 9 to 5
and so Clear was the 1 thru 5
and so Normal is the AB n C
and so Heavy the Purse to me.
Chaos is not even a Thing.
Order is not only a Fling.
Believing is Seeing.
Believing is Seeing.
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Ordered Chaos
every Move is born from Impulse, like a Pebble into Water.
every Pebble bears its own Ripples, guided by Golden Ratio.
every Ripple behaves like its forerunner, setting the Pulse.
each Line adds to Gravity.
each Line must be Tested.
each Line has some Aspect.
2 line confluence is Dependable.
3 line confluence is Respectable.
4 line confluence is Worshipable.
every Asset Class behaves this way.
every Time Frame shows these ripples.
every Brain Chord vibrates the same.
He who Understands will be Humble.
He who Embraces will observe Order.
He who Ignores will behold only Chaos.
Ordered Chaos
.
.
.
want to Learn a little More?
can you Spend a few Minutes?
click the Links under Related.
BTCUSD in the Bitmain Board Bomb: Bitcoin Bulls BatteredBitmain Board Bomb
this is Speculation Utter not Accusation.
this is Disclaimer Replete any Assertion.
this is Analysis of Events as Causation.
Nothing More.
Bitmain was Born with Bitcoin, it thrived in the Bubble.
Bitmain has Lost much Money, it conspired in some Rubble.
Bitmain has Lost its very Head, it has acquired Trouble.
the Board is moving People and Powers.
the Board is closing Mines and Miners.
the Board is losing Faith and Followers.
it was to be the Apple of all Crypto.
it was to be the I P O of the Decade.
it was to be the King of all Kings.
Jihan was the Man, the man with the Plan.
Jihan met Ver, other man with other Plan.
Jihan bet BCH, other coin with new Plan.
Jihan lost his Job, Ver lost his Bet.
now they say Bitmain has much Debt.
now they say Bitmain cant pay Bills.
now they say Bitmain might not IPO.
the Bomb was surely Inevitable.
the Bomb hit during Unstable.
the Bomb will be Memorable.
so some Investors pulled their Fare.
so some Traders pulled their Hair.
so some Brokers pulled their Tear.
the News made the Impulse.
the Splash made the Ripples.
the Time made the Waves.
we can see the 123 and 4
we can expect soon the 5
we have a Last Line of Hope.
but we need a New Reason for Return.
cuz we know Those Bulls cant Return.
thus we wait the Return of the King.
Long Live the King
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Ordered Chaos
every Move is born with an Impulse, like a Pebble into water.
every Pebble bears its own Ripples, guided by a Golden Ratio.
every Ripple behaves like the one previous, setting the Pulse.
each Line adds to Gravity.
each Line must be Tested.
each Line has some Aspect.
2 line conjunction is Dependable.
3 line conjunction is Respectable.
4 line conjunction is Worshipable.
every Asset Class behaves this way.
every Time Frame shows these ripples.
every Brain Chord vibrates the same.
He who Understands will be Humble.
He who Embraces will observe Order.
He who Ignores will behold only Chaos.
Ordered Chaos
.
.
.
want to Learn a little More?
can you Spend a few Minutes?
click the Links under Related.
The ''Pulse'' of an asset times Fibonacci: Ether Bottom BounceAnother example of how Fib Extensions manifest themselves.
And some thoughts on how to use/gauge a move based on Ripples.
Every move in a price chart starts with an ''Impulse'', imagine it like a ''Pebble''.
When the Pebble hits water it creates ''Ripples'' that are captured by the Fib Series.
Each Ripple has equal distances between peaks and troughs, or what I call the ''Pulse''.
Each Line has Gravity .
Each Line must be Tested.
Each Line has a Personality.
Every Asset Class behaves this way.
Every Time Frame shows these ripples.
Every Human Brain is susceptible to them.
This is a followup to my previous tutorial linked below.
That one has gotten very long with so many updates as examples.
PLEASE spend some time on the numerous examples in the first publication below:
The ''Pulse'' of an asset times Fibonacci: Bitcoin Ordered ChaosEvery move in a price chart starts with an ''Impulse'', imagine it like a ''Pebble''.
When the Pebble hits water it creates ''Ripples'' that are captured by the Fib Series.
Each Ripple has equal distances between peaks and troughs, or what I call the ''Pulse''.
Each Line has Gravity .
Each Line must be Tested.
Each Line has a Personality.
2 line coincidence is Dependable.
3 line coincidence is Respectable.
4 line coincidence is Worshipable.
Every Asset Class behaves this way.
Every Time Frame shows these ripples.
Every Human Brain is susceptible to them.
He who understands this will be Humble.
He who embraces this will gain Precision.
He who ignores this will find only Chaos.
This is a followup to my previous tutorial linked below.
That one has gotten very long with so many updates as examples.
PLEASE spend some time on the numerous examples in the first publication below:
The ''Pulse'' of an asset times Fibonacci: ripples in XRP
Every move in a price chart starts with an ''Impulse'', imagine it like a ''Pebble''.
When the Pebble hits water it creates ''Ripples'' that are captured by the Fib Series.
Each Ripple has equal distances between peaks and troughs, or what I call the ''Pulse''.
Each Line has Gravity .
Each Line must be Tested.
Each Line has a Personality.
Every Asset Class behaves this way.
Every Time Frame shows these ripples.
Every Human Brain is susceptible to them.
This is a followup to my previous tutorial linked below.
That one has gotten very long with so many updates as examples.
PLEASE spend some time on the numerous examples shown in the original publication:
The "Pulse" of an Asset times Fibonacci: Ether's 14 step methodEvery move in a price chart starts with an ''Impulse'', imagine it like a ''Pebble''.
When the Pebble hits water it creates ''Ripples'' that are captured by the Fib Series.
Each Ripple has equal distances between peaks and troughs, or what I call the ''Pulse''.
Each Line has Gravity .
Each Line must be Tested.
Each Line has a Personality.
Every Asset Class behaves this way.
Every Time Frame shows these ripples.
Every Human Brain is susceptible to them.
This is part of my series of posts, highlighting the rhythmic nature to price action.
See the various ideas links below. In particular, check the numerous updates on this Idea :
The "Pulse" of an Asset times Fibonacci: GOLDEN extensionsHere is a Fib extension series you don't see very often.
Each major line is 1.618x (Golden Ratio) the previous.
Each minor line is 1.236x or 1.382x the last major line.
The ever expanding Ripples show continuous ACCELERATION.
Linear is more common, meaning VELOCITY but no acceleration.
Acceleration proves the existence of a continuous FORCE.
The DURATION of the Force is not project-able.
When the Force STOPS the Ripples will go linear.
Without a force Velocity will DECAY over time.
The above fib was initiated on the 1 minute chart:
So it was not just slapped on there.
It had an IMPULSE and showed a PULSE.
The 1.618 and 2.618 are KEY first clues.
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