fib ratio, page-19

Hi lostitall
Respect your comment. Paid 46.5 and 47.5 close to Dubai Crisis for 565k units and 51 for 50k units during retracement from 54 a few weeks ago. If I sold the first lot during that spike I would have made a good profit and could have saved a load of money rebuying. But with all due respect I would have logically rebought around 43 plus or minus a cent. To wait for a sustainable retracement to mid 30 s would be a flip of the coin judgment.

As I stated, I respect charts but the market runs on alot of 'white noise' and sentiment. Unfortunately these factors constantly over ride logic. When I look at a chart I look up events that happened on the spikes and dips to see if it is a real event or an emotional event.

I will try to understand charts because there is obviously more to them than meets the eye. The more info the better our educated guess will be.