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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: d. alexander who wrote (38982)	10/26/1999 4:48:00 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 44573

d., equis.com "There are four popular Fibonacci studies: arcs, fans, retracements, and time zones. The interpretation of these studies involves anticipating changes in trends as prices near the lines created by the Fibonacci studies." The whole post on the weekly SPX is a study in 'Time.' As GZ has stated most people look at Fibs with price movements in mind.....anticipating support and resistance as prices approach. But they are Also studies in time....the Fib arcs, fans, retracements, time cycles, etc., are also projections and represent "Windows of Opportunity" for directional change. Learning how to anticipate and react to these events in price and time is Fantastic. It takes a different kind of mind and attention...There is a silence................ Before the time arrives and you have to get use to that patience. But they are Wonderful to See and Trade. >>Expect the terms inside week, outside week refer to pitchfork formation<< They do not refer to forks. Chip