Fibonacci retracements and trend line charts posted

(Last Updated On: February 21, 2018)

Here is a set of charts with new indicators I am testing out including Fibonacci retracements and trendline. Later today I will be adding a full analysis for timeframes of daily, 4 hour, and 1 hour. I plan to add not just one trend line to each timeframe but three for potential help in deciphering classic trading patterns as well.   I am hoping to a long video on this process manually to learn about potential break outs from these.

Where did the inspiration come from

A lot of these charts below are generate as being inspired by Nictrade post recently I posted.  These are the important charts for Signal trend-line and Fibonacci retracements

Signal, trend line, and Fibonacci retracements charts which are end of day for 1 year.

Widely used in financial institution

See the charts here as where I plan to start. I heard 2 traders on Bloomberg TV talk about Fibonacci re-tracement levels they use so it appears very popular in the finance industry.

I may introduce this as a separate live bootcamp offering for all my Elite members!

Thanks

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

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About caustic

Hi i there My name is Bryan Downing. I am part of a company called QuantLabs.Net This is specifically a company with a high profile blog about technology, trading, financial, investment, quant, etc. It posts things on how to do job interviews with large companies like Morgan Stanley, Bloomberg, Citibank, and IBM. It also posts different unique tips and tricks on Java, C++, or C programming. It posts about different techniques in learning about Matlab and building models or strategies. There is a lot here if you are into venturing into the financial world like quant or technical analysis. It also discusses the future generation of trading and programming Specialties: C++, Java, C#, Matlab, quant, models, strategies, technical analysis, linux, windows P.S. I have been known to be the worst typist. Do not be offended by it as I like to bang stuff out and put priorty of what I do over typing. Maybe one day I can get a full time copy editor to help out. Do note I prefer videos as they are much easier to produce so check out my many video at youtube.com/quantlabs