I understand that there's a book called "Trading Bar by Bar". I have not read that book so don't know what he says in it, but, as you say we are...
I guess the question is "who cares"? If the Fibonacci tool (qua tool) works, if its use can make you money, what more do you want? I am not...
I'm afraid we're speaking different languages! I don't know what you mean by "ratio lines". And "zone boundaries" might be the vertical dashed...
I don't understand the question. "Half zone offset"? I'm sorry.
To add to the preceding chart, look at what happens when we put on the retracements using the recent high and the low at the beginning of the...
I hope the following chart doesn't drive you to despair but it is more challenging to work with larger time frames. That is the reason I like to...
Dear Peter, I don't think the three charts were really clear. Here's another view, just the one hour chart that was on the left side of the...
Sprout, I can see that you have a scientific mind which wants predictability in all cases. You ask how I would know that the earnings would be...
I'm sorry, I think I didn't understand your question. There are in fact many ways to calculate the fibs (retracements, extensions). The values...
you're very welcome.
Vanzandt, interesting question. I looked at the chart and saw that the Fibonacci certainly did apply, though not necessarily in the last three...
Yes, Sprout, I will be happy to post a chart. You can notice how the 127.2%, was a support level at seven o'clock or so, (Pacific Time), then the...
Sprout, I'm sorry I missed your question. One good way to start on the five minute chart is to find a clear high/low swing and use it as the...
There are various ways to calculate the fibs depending on which high/low swing you choose as your basis. And of course you can use either the...
MACD, thanks for the support. I did in fact write an article that appeared in The Technical Analysis of Stocks and Commodities magazine about a...
I can guarantee that it's not just in hindsight. I put in orders in advance using the fib levels and it normally turns very nicely at the numbers...
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