Tag Archives: Fibonacci retracements

Fibonacci retracements and trend line charts posted

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

 

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

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!

Signal trendline and Fibonacci retracements charts up

Signal, trendline, and Fibonacci retracements charts up

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

Signal trendline and Fibonacci retracements charts which are end of day for 1 year. Also this script to generate these charts is written in Python.

Trendline

t

Buy/sell signal

Fibonacci retracement

 

Now I need to work on the patterns

 

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

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!