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Old 06-24-2007, 08:04 AM
ace ace is offline
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fibo experts — which fibo ?

2 methods of using fibo tools to project Price targets are:

1: use L - H and project levels from the L

2: use L - H and project levels from the start of W 2


since the fibo levels differ between # 1 and # 2

Q: which fibo is correct # 1 or # 2 ?

Q: do you use specific fibo levels or, any fibo line for Price targeting ?

Q: what determines your fibo methodology ?
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