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Get Your FREE "AB=CD Secret Pattern" ebook
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 TRADER ALERT:
Discover How To
Predict
Market Moves With The
Sacred
Geometry of
Fibonacci!
Whether you are day trading, swing trading
or position trading every chart is
subject to the sacred geometry of the markets.
Just about every swing imaginable can be found
with the use of the Fibonacci trading ratios:
.618, .786, 1.00, 1.27
and 1.618.
Once you learn how to apply these Fibonacci trading ratios to
any market, you can
predict where the market will move to next. It
does not matter whether you are trading stocks,
futures or commodities. Understand this sacred
geometry of the markets and you can trade any market in the world.
Don't
make a single trade until you have discovered how to
apply
Fibonacci
trading ratios. For a quick low down go to the
following sites
FibMaster Videos
and
Traders Secret Code
Basic Fibonacci
For a detailed
explanation on Fibonacci trading you can also read the
following
Fibonacci interview.
The three
Fibonacci trading ratios we are using in this example
are .382, .500
and .618. In an uptrend
measure the distance between point A and point
B and in a downtrend measure the distance
between point A and point B, where point A will
always be the lowest recent point in an
uptrend and the highest recent point in a
downtrend.
In the example
below you can see a chart of the daily JPY/USD.
Point A is 119.09 and Point B is 123.16. If you
calculate the 38.2% retracement you get 121.61,
the 50% retracement is 121.13 and the 61.8%
retracement is 120.64.
For example. The difference
between 119.06 and 123.16 is 4.07. If you
calculate 38.2% of 4.07 you get 1.55. If you then
take 1.55 from 123.16 (Point B) you get the 38.2% retracement of 121.61. You can use the same
principal for the other retracement levels.
In the next example
of the 1-minute Dow Jones Point A is 7.916.08 and
point B is 7.877.70. If you calculate the 38.2% retracement you get 7892.36, the 50% retracement is
7896.89 and the 61.8% retracement is 7901.42. For
example. The difference between 7.916.08 and 7877.70
is 38.38, if you calculate 61.8% of that you get
23.72. If you then take 23.72 and add it to Point B
of 7.877.70 you get 7901.42 the 61.8% retracement.
The only difference between the downtrend and the
uptrend is that you add your calculations to Point B
and in the uptrend you subtract from Point B.
You will therefore
see how a security will usually find support or
resistance at its Fibonacci trading levels. All
you need to do is identity points A and B.
Mark
McRae an
outstanding trader uses this technique by first identifying a trend in the market. As soon as
he can see that there is
going to be a retracement he calculates his retracement levels.
He then enters at the 38.2% retracement level and place
his stop loss behind the
61.8% retracement level. If the difference between the 38.2% and 61.8% level is to
great a risk he drops down a time frame and uses the
same technique but get a much tighter stop.
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To Determine
The Highs and Lows
Just The Way The
Pros Do and...
Discover
-
how to
use Fibonacci retracements to determine future
probable/possible turning points based on the price
action now
-
how
market moves are PREDICTABLE and why?
-
which
time frames you should NOT trade
-
how to
apply Fibonacci trading projections so as to extrapolate 3
levels of resistance and support.
-
how to
identify a rally in a trend and then calculate
retracement pullbacks for predicting probable
future support or resistance levels and.
-
how to
apply fibonacci retracements to a chart with more then
one swing high which will then form the basis
of establishing resistance lines into the
futures which the market has a high probability of
hitting
Click here to find out what the
PRO's know
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Professional Fibonacci & Gann Trading Software
That's Surprisingly
Easy To Use
For A Mere Fraction Of The Price
Discover David
Rivera's new "Price and Time Trading System".
He shows you how
most traders are only aware of calculating potential
reversal points using PRICE but few trade when
price and TIME meet. Whilst most traders
have heard of Fibonacci trading, few have ever traded using
Fibonacci and Gann Trading
which introduces the concept of the Gann "Square of
Nine".
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