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Posted by truth-b-told on January 10, 2007, 12:45 pm
Turn back the clock Ratchford....to his SPAM channel in 1999....
##########
From: Fdate_Trading - view profile
Date: Thurs, Mar 11 1999 12:00 am
Groups: misc.invest.futures
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====================
Timing With Fibonacci
====================
by Rick Ratchford
Want a basic way to forecast furture tops and bottoms? Fibonacci ratios
is
one approach. The most popular ratios to use is .618 and 1.618. Several
software packages have these ratios included as part of their tool set,
and
for good reason. For whatever the underlying cause, whether it be
natural
laws of the market or a self-fullfilled prophecy as some may conclude,
using
these ratios can help you find market turns. What you do with those
turns
are up to you.
Simply locate two concurrent tops or bottoms. Make sure they are no
mere
blips on the screen, but clearly trend changes. Count the number of
price
bars from one top or bottom to the other top or bottom. Okay, you have
the
distance in time from two extremes, now let's forecast out into the
future.
Let's assume you are going to use the last two tops. Say the distance
between them is 20 days. Take this distance (20), and multiply it by
both
.618 and 1.618, adding the result to second of the two extremes.
Rounding for this article, .618 of 20 is around 12. Therefore, count 12
days
from the second top or bottom of the two extremes you are using to
arrive at
your forecasted turning date.
How valuable is this information? Back in 1990, I was getting beaten up
pretty good by market action. The Stocastics, moving averages, etc.
were not
helping. Then I came upon Fibonacci ratios and their applications, and
from
there went on a wonderful long streak of wins in Pork Bellies by
forecasting
exactly when the market would turn. All my debts were quickly wiped out
and
soon I was in the black by several thousands. This was the beginning of
my
trading career.
Today, I don't use Fibonacci time days as they are too far apart, and
further study and experimentation has brought me to market geometry,
which
although Fibonacci no doubt is in there somewhere, it makes up only a
small
part of the whole equation. That is how Fdates was born early 1997.
But the fact remains that you can still use your hand calculator to get
some
time days, and you can learn to properly use the information for
profit.
Once you solve for a time day, simply wait to see if you will have an
opportunity to use it.
So pull out your calculator and try a few charts using these ratios.
Soon
you will find it easy to do.
What I mean by this is that, even if you have a time day, there are
other
factors you should keep in mind. One of those is trading with the
trend, not
against it, and where to enter price wise.
These are lessons for another day.
:)
Rick Ratchford
==============================================
Precision Trading Membership
http://FSoftPublishing.com
#######
#######
Yes Ricky,
SPAM in 1999....is the same as his SPAM in 2007!!! Times are tough to
make a living, and Ricky is PRIME proof, that he spends ALL DAY,
searching for articles/methods that he can STEAL and re-write, in order
to impress some gullible newbies to fall for his BS. Find a freebie
Larry Williams article on the Internet, copy it and re-write it, then
use it for a while to DUPE unsuspecting newbies, to sign into Ricky's
pay site.....then after a while, find another method like
Pyrapoint/DGL, then copy those methods, change it, alter it, tweak it,
spin-twisty it.....and then do a name change and call it Ceppro/Fdate,
and presto, we have NEW SPAM material for a few more years.....until
new name changes come along....and the new name is now
AmazingAccuracy....Prognos....and the cycle of BS.....CONTINUES!!!!
Simply do a search in this MIF site, on Larry Williams and his .618,
1.618 tops/bottoms method, and you will see that Ricky virtually copied
it, and was using it to TROLL for newbies back in 1999, and he is using
it today, to TROLL for newbies!!! Then when other methods come along,
Ricky will COPY them and use them, and alter them in a way that Ricky
can call it his "proprietary Gann/Fdates/Ceppro/Prognos AmazingAccuracy
methods," or whatever BS name he comes up with, for promotional
purposes in order to get the GULLIBLE NEWBIES, to sign up and take his
monthly trial, for a $79.00 fee of course!!!
That is what Ricky wants...he REALLY wants you to try and take a trial
run for a month, and if you are TOO STUPID to figure it out for
yourself, and you fall for his BS, or if you stick around and pay for
the second month, Ricky is LAUGHING ALL THE WAY TO HIS BANK ACCOUNT!!!!
Ricky has been running this SCAM for years now, and to those who have
checked Ricky out, and NEVER fell for his BS claims, would rather keep
their $79.00 and use it for something better!!! Others may have LEFT
before or after their one month trial was over....Wonder why they
left.....did they see what we see? I am sure they did, but Ricky GOT
THEIR MONEY, didn't he? He really DIDN'T care if they stuck around, but
if they did, Ricky did his best to keep them around, because he did NOT
want to LOSE a paying/gullible customer!!!! Oh yes, you have to buy
this book, or that e-book, and you have to buy my 3/4 software programs
too, because you really need to see the whole picture, and understand
where we are coming from.....was Ricky's sales pitch back then, and it
is the SAME today!!! BUY, BUY, BUY, from Rick, Rick Rick!!!! Quite the
salesman, isn't he?
You are a WASTE of SKIN Ratchford!!!!
Sincerely,
gerillio.
########
########
Buyer Beware!!!!
AmazingAccuracy.com wrote:
> ==============================
> Fibonacci and Timing
> ==============================
>
> There are various techniques for timing future tops and bottoms. Some better
> than others. No technique is 100% accurate 100% of the time. However, some
> work with enough reliability worth adding to your trading repertoire.
>
> One such useful tool is using Fibonacci ratios. The most popular ratios to
> use are .618 and 1.618. Several software packages have these ratios included
> as part of their tool set, and for good reason. For whatever the underlying
> cause, whether it is natural laws of the market or a self-fulfilled prophecy
> as some may conclude, using these ratios can help you find market turns.
> What you do with those turns are up to you.
>
> Simply locate two concurrent tops or bottoms. Make sure they are no mere
> blips on the screen, but clearly trend changes. Count the number of price
> bars from one top or bottom to the other top or bottom. Okay, you have the
> distance in time from two extremes, now let's forecast out into the future.
>
> Let's assume you are going to use the last two tops. Say the distance
> between them is 20 days. Take this distance (20), and multiply it by both
> .618 and 1.618, adding the result to second of the two extremes. Rounding
> for this article, .618 of 20 is around 12. Therefore, count 12-days from the
> second top or bottom of the two extremes you're using to arrive at your
> forecasted turning date.
>
> How valuable is this information? Back in 1990, I was getting beaten up
> pretty good by market action. The Stochastic, moving averages, etc. were not
> helping. Then I came upon Fibonacci ratios and their applications, and from
> there went on a wonderful long streak of wins in Pork Bellies by forecasting
> exactly when the market would turn. All my debts were quickly wiped out and
> soon I was in the black by several thousands. This was the beginning of my
> trading career. Of course, I learned since then that you can't rely on just
> one tool. The market soon changed its behavior and this approach temporarily
> lost its edge.
>
> Personally, I have found dynamic cycle analysis to work much better and in
> any market situation. But learning how to analyze the market for dynamic
> cycles is not as easy as simply taking a calculator and punching in a ratio
> or two. Thus, the Fibonacci tool has its uses.
>
> So pull out your calculator and try a few charts using these ratios. Soon
> you will find it easy to do. What I mean by this is that, even if you have a
> time day, there are other factors you should keep in mind. One of those is
> trading with the trend, not against it, and where to enter price wise. These
> are lessons for another day.
>
>
>
> --
> Cheers!
>
> Rick J. Ratchford
> ProfitMax Trading Inc.
> http://www.amazingaccuracy.com
>
> "Help others get what they want, and you will get what you want."
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