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roofer
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Posts: 3,574
jim said simply'' at this time, the .886 is the most important fib number in the markets''... he pounded the table

so i said if this is true, then the computers that run the markets must be trading the hell out of it.. and if this is true,then there must be a way they signal their intent to turn price at a specific.886 because obviously and logically price is not turning at every.886.. iy has to be something mind numbingly simple to those who know what to look for, yet invisible to those who don't know what to look for.

so i did something very simple. i recorded every time price did turn at .886 until i had a collection.. then i asked what was the tell, the common denominator. i remember the eureka moment when i was trading GS foe the 13th time in a row.. EACH DAY HAD OPENED ON A GAP.... BUT A VERY SPECIFIC GAP. a gap on the day only 5 minute such that the first 5 minute bar from today did not overlap the last bar from yesterday.. i went back through my collection. it was a constant...i collected for another 3 months.. it remained a constant.. i showed it for first time here in april 07... it has remained a constant to this day..
RO
roofer
Rep: 3,689
Posts: 3,574
origin of red line green set setup

years ago joed showed me 40 pages of lines connecting pivots and said figure this out.i struggled and could not find a pattern that i was willing to risk my family's well being on.


time passed and i acquired a knowledge of the complete set of jim's rigorously derived numbers... plain and simple .. before that i did not know that 1.06, 1.128, 1.46 were fib numbers.....

but even then there were infinite lines connecting pivots infinite fib.. how to connect them all????

i rememberd the work of clyde lee... and even though he had no use for fibonacci... he had a process where he used 3 PIVOTS IN RELATIONSHIP TO A 4TH to generate the PROBABILITY OF THE 5TH. BASED ON MEDIANLINE SETS...

COULD WHAT THE COMPUTERS ARE DOIN RIGHT IN FRONT OF EVERY ONE BE SO SIMPLE THAT I COULD NOT SEE? are the computers using a line CONNECTING 3 PIVOTS that ends at key fibonacci in realtionship to a 4TH PIVOT to generate a probability medianline set whose medianline is hit 90% of the time. as the 5TH PIVOT...

I.E are the computers trading medianlines not in the classic andrews way, but in line with the computer generated work of clyde lee...

so i did something very simple.. i recorded thousands of examples of where

the line sorts the fib

the fib sorts line line

their coming together generates a medianline set
whose medianline is hit 90%of time.

armed with this knowledge, it becomes clear how and why the computers are turnig price at extremes...