Swing Trading Fibonacci Time Zones
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Using fibonacci levels is most often done in relation to price, but it can be used for time as well. Works with day trading, swing trading, stock trading, forex, futures, eminis, etc.
Sorry to not be so enthused re: verticle fib lines.
Itis too many things to put on your charts. I feel that I want to have as few as needed. I want my charts simple. I am looking at purchasing ur courses. I hope to be able to distill it down to just a couple of setups that can be traded over and over again. Now, I dont’ know much about the ex-con trade or the freedom trade, but I am definitely going to check ‘em out to see if they fit me.
Thanks for the good comment. My rule is just enough on the chart to give high probability scenarios and not one iota more.
I don’t use this all the time, but it’s good for the big picture on index charts as it helps to confirm the cycle indicator.
Ah. Thank you. That makes more sense. Your added comment on “cycles” made a light bulb go off in my mind. Now I can picture what you may use the fib time lines for. I am glad that it isn’t used all the time, but in special cases, I can see how they might confirm cycle highs and lows of oscillators. I will keep this information in mind as I go through your course. Signed: Chin.
Exactly. Think of it like this: Most people use grid lines on their charts that are evenly spaced. I take those off and put fib lines on very faintly in the background. They service as grid lines but are more meaningful. This video format is small so had to make them dark and the small size makes it look cluttered.
Fibonacci time zone? or did you say Gann time zone? never heard of these =/
good stuff, what advanced trading platform would you recommend?