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Nexgen T-3 Fibs Pro Trader Lifetime License Up For Sale
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Nexgen T-3 Fibs Pro Trader Lifetime License Up For Sale

  #1 (permalink)
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Nexgen T-3 Fibs Pro Trader Lifetime License Up For Sale

Hello,

I have a Nexgen T-3 Fibs Pro Trader License (Lifetime) that I am looking to sell. PM me if you are interested! Thanks!

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  #3 (permalink)
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How much money did you make with the tool ?
How long did it take to become profitable ?



If this is a 'proven' system, then most likely people will be more inclined to jump on this opportunity

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I have never attended the Nexgen trade room. I don't know how they trade.

I have used the fibs on my charts in conjunction with geometry and they were certainly helpful but there is no way to quantify how much they have contributed to my success. I am expanding the number of products that I am trading and it's maxing the CPU usage on NT; consequently, I need to reduce the indicators I am using.

I never made any claims about Nexgen being profitable. I've never had a good enough reason to test their system.

All I can speak to is the validity of their fibs as a useful indicator.

-Revv

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Do the fib trend take orderflow in consideration? I mean supply and demand from time and sales data? Or how is fib trend calculated?

Have someone else used this tool and what do you guys have to say about it?

Iīm not a big fan of technical analysis in general and wonder, is fibonacci a myth or is it useful? I did a test on my own a couple of months
ago and calculated some fib lines in corelation with liquidity and actually took some nice trades, but i dont know. My brain tells me it has nothing
to do with how the markets works. If it works it must be because people believe in those levels since far back? I think itīs an interesting topic.

So is Fibonacci a myth or does it work? Or maybe it works because itīs a myth?


Last edited by davethetrade; May 5th, 2017 at 08:58 PM.
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davethetrade View Post
Do the fib trend take orderflow in consideration? I mean supply and demand from time and sales data? Or how is fib trend calculated?

I'm not sure what you mean by fib trend. Can you elaborate?


davethetrade View Post
Have someone else used this tool and what do you guys have to say about it?

Iīm not a big fan of technical analysis in general and wonder, is fibonacci a myth or is it useful? I did a test on my own a couple of months
ago and calculated some fib lines in corelation with liquidity and actually took some nice trades, but i dont know. My brain tells me it has nothing
to do with how the markets works. If it works it must be because people believe in those levels since far back? I think itīs an interesting topic.

So is Fibonacci a myth or does it work? Or maybe it works because itīs a myth?

If you are using single fib values, I think it is really only useful if you're using it within proper Elliot Wave context.

With Nexgen's fibs, they have some many swings calculated in, that I think it kind of overrides the need for and Elliot Wave context to see more consistent and large rejections off the lines. That said, I still only used these in conjunction with Market Geometry.

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