Comments on: Swing Trading Fibonacci Time Zones

By: longtang1234

longtang1234 — Fri, 01 Jan 2010 23:23:49 +0000

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.

By: TopDogTrading

TopDogTrading — Fri, 01 Jan 2010 23:08:45 +0000

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.

By: longtang1234

longtang1234 — Fri, 01 Jan 2010 22:25:37 +0000

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.

By: TopDogTrading

TopDogTrading — Fri, 01 Jan 2010 21:42:35 +0000

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.

By: kimflie

kimflie — Fri, 01 Jan 2010 21:04:31 +0000

Fibonacci time zone? or did you say Gann time zone? never heard of these =/

By: phsplaya4242

phsplaya4242 — Fri, 01 Jan 2010 20:23:36 +0000

good stuff, what advanced trading platform would you recommend?

By: mlmHeavyHitter

mlmHeavyHitter — Fri, 01 Jan 2010 19:23:54 +0000

phsplaya4242, My favorite advanced charting program is NeoTicker from TickQuest.

By: penis3307

penis3307 — Fri, 01 Jan 2010 18:31:14 +0000

Whats your opinion on the efficient market hypothesis?

By: trader3314

trader3314 — Fri, 01 Jan 2010 17:46:28 +0000

VOLUME

By: housechores

housechores — Fri, 01 Jan 2010 17:14:03 +0000

Cool stuff. I have been using Sharpcharts – free version – maybe it’s time to pay the money.