re: STUPIDITY and the market punters .....
thanks Alpha, but I am in the markets and doing so very successfully.
Fibonnacci will not work, nor will any indicator you suggest to assess, as you call it crowd psychology. If you really thought about it, you would realise that you are applying a system in the present that worked in the past ! But thats not how things work, is it ?
But keep on tweaking away, it will keep you off the streets.
You are a couple of years behind the main game old pal .............
But at least you and yours are keeping the latest 'fad' buoyant and providing jobs for those that work in the industry. And well done for that !!!!!!!!