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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures
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To: Stoctrash who wrote (733)1/9/2001 3:18:30 PM
From: Chip McVickar  Read Replies (1) of 12411
 
Hello Fred,

Run a google search and read about them..., there's a lot of stuff on the net.

They are based on the fib sequence of 1.618.
They are very difficult to trade..., I'm just learning.

You can also work these fibs by taking the distance between high to high/low to low and x that by 1.618 for target dates. To Get a Target Date.

This seems easier then the spiral and the same principle.

How's It By You...!
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