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Fibonacci Queen

  #32 (permalink)

Trading Experience: Advanced
Platform: Linn Software Investor R/T
Broker/Data: Vankar
Favorite Futures: Pipe Organ
Posts: 35 since Sep 2009
Thanks: 20 given, 47 received

Carolyn & Mark

A few years ago before Carolyn went for the big money I spent some time in her room. Mark often hosted and I found him to be a better instructor. Carolyn was reasonable. She cut me a deal for the room, a fraction of what she charges now. She seemed a bit bored with trading. She used "FibTrader" then DTI, which is more expensive and complicated.

I didn't find Fibs very useful in the long run and have spoken to someone who has tested them over time, deciding that at least on their own, there is no edge in using them. If you can find a confluence of price support or resistance I would say that would give you a better edge.

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