If you want to boost your stock trading results using one of the least understood methods of trading then pay attention, because I'm going to show you how ...
"Fibonacci Retracements Can Deliver You Profitable Stock
Trading Opportunities."
If you want to join the few traders who regularly make profits using fibonacci retracements then you might as well sign up for the zero hype Fibonacci Trading newsletter NOW.
I will prove to you that Fibonacci retracements do indeed offer exceptional trading opportunities. And just as important, you'll see how to spot these same opportunities for yourself.
Let's be honest here, there's plenty of information about stock trading on the web. And most of it is readily available with a simple click of a mouse button. What you will find here is unique, useful, practical trading information about using fibonacci retracements in today's stock market.
Here's a sample of what
you get with your free subscription to the Fib Trading newsletter:
Pinpoint
trading opportunities using Fibonacci price retracements.
Learn exactly which retracements to use.
Nail down the most
likely time that a stock will turn in your favor using Fibonacci
time retracements. One of the least understood, but most
powerful aspects of trading with Fibonacci retracements.
If finding profitable
opportunities using price and time retracements work well,
consider what happens when you have a stock showing price and time
symmetry.
Fibonacci retracements
in multiple time frames can
lead to even better accuracy in your trading.
Learn to anticipate turning
points by using Fibonacci ratios of a prior price swing and added those
ratios to a recent swing low or high.
Not only retracements,
but how to use price extensions for
setting profit targets and potential reversal targets.
Free trading software for determining possible support and resistance
levels using the 38%, 50%, and 62% retracement levels is available
on this site.
Subscribers get much more - a
free Fibonacci calculator that
gives the basic retracements along with the other important internal
(23.6%, 70.7%, 78.6%) AND external retracements (127.2%, 161.8%,
and others) along with a price projection calculator.
You can identify
possible price levels for buying or selling by using price
retracements. Price retracements are simply pullbacks in
price relative to a prior price swing.
Once a stock retraces
either 38%, 50%, or 62% look for an opportunity to trade the
stock. Typically, the best indicator of a tradable stock at
one of those price levels is a reversal bar.
Reversal bars take
many shapes. In it's most basic form a reversal bar
typically has an opposite open/close relationship compared with
the previous price bar.
Here's an example:
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Cisco
Systems retraces 38% of the prior upswing. If CSCO
can form a reversal bar to the upside at this price
level, then you have a low risk opportunity to buy
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and I'll show you how to trade this exact setup up from
entry to exit with very little risk.
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for the Fibonacci
Trading newsletter.
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Time retracements can be used to
anticipate when a change in trend might occur. Once you have identified
a significant price swing, project into the future potential times when price
might change direction. Not only do the powerful 38%, 50%, and 62%
levels provide time targets, but so do the external levels - 100%, 162%, 200%
levels.
See what I mean.
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The 30
minute intraday chart for Micron Technology has the 50%,
100% and 200% time retracement levels marked off of the
previous upswing.
Much like
price retracements, time retracements can be
traded profitably once a reversal bar occurs at or near
an important time retracement.
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and I'll show you what signaled the 200% time
retracement as a low risk opportunity to sell short -
and what the profitable outcome was.
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for the Fibonacci
Trading newsletter.
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Here's a powerful
concept: When a stock shows price and time symmetry be
prepared for a significant change in trend.
The confluence of
a Fibonacci price and time retracement does not occur
frequently, but when it does, the chance to identify a trend change
is good.
See for yourself!
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Fibonacci
retracements in price and time occur on all time
frames. Here is Qwest Communications on the weekly
chart matching the
price upswing from September 1998 to April 1999 later in
time from the
Aug 1999 low to the March 2000 high.
While this
isn't a direct hit in price and time, it's close
enough.
This stock
has traded from the all time high of $66.00 to a 2003
low of $1.07. It pays to know how to identify
significant tops (and bottoms) using price and time
symmetry.
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for the Fibonacci
Trading newsletter.
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When retracements from
different time frames indicate a particular price range as a possible
target for a reversal - watch carefully. You'll be amazed at how
accurate this method of trading becomes when you spot reversal areas
using
Fibonacci retracements on multiple time frames.
Here's a good example:
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Marking off
retracements from multiple time frames would have
identified the 50% and 78% (another important
retracement level) levels as a possible level of
resistance to any more upwards price movement for the
S&P500 tracking stock, SPY.
The 50%
retracement from the larger time frame (March 2000 to
March 2001) and the 78% retracement level from the
smaller time frame (February 2001 to March 2001)
signaled a potential high between $131.895 and
$132.135. The actual high - $132.086, a direct
hit.
That's the
predictive power of trading with Fibonacci retracements.
Sign up
for the Fibonacci
Trading newsletter.
|
Fibonacci ratios of a previous
price swing added to a recent swing low or high is another method of
anticipating a high or low. Price projections combined with Fibonacci
retracements is a powerful method of calculating likely turning points.
A price projection:
|
Qlogic, QLGC,
makes a trade-able low within $0.01 of a price projection.
The move
from A to B is subtracted from the high at C to give a
price target at D. The A to B swing is also
multiplied by the important Fibonacci ratios to give
alternative price targets.
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for the Fibonacci
Trading newsletter.
|
Price extensions, also
known as price expansions, are
another way of predicting possible price targets by measuring a
price swing and adding it to the end of that price swing to come
up with a target.
See what a price extension looks
like:
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Measuring
the price swing for Dell Computer from the November 2002
high to the December 2002 and adding Fibonacci ratios of
that measurement gives potential reversal price levels.
In this
case, DELL makes a reversal to the upside very near the 62%
ratio level. Using all the Fibonacci tools
available - including price extensions - gives you a
trading edge.
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for the Fibonacci
Trading newsletter.
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Here's a handy little tool - the basic Fibonacci calculator that gives you the 38%, 50%, 62% retracement
levels.
|
Click
on the "Fibonacci Calculator" link
below to use the calculator:
Fibonacci Calculator
Sign up for the free Fib Trading
newsletter and have access to the full blown version of this powerful software
that:
- gives you the 38%, 50%, and 62%
retracement levels automatically
- optionally gives additional
retracement levels, 23%, 79%, 127%, 162%, 200%, and more
- BONUS:
price projection calculator - takes three prices and
projects possible turning points based on Fibonacci
ratios.
Get the
full blown version of this powerful piece of software when you sign
up for the free newsletter ... and the trading lessons
that show you how to best use this calculator!
Sign up
for the Fibonacci
Trading newsletter.
|
Here's what you get
when you sign up for the absolutely free Fibonacci
Trading newsletter.
Free Fibonacci
Calculator
Powerful software
automatically calculates all the important Fibonacci retracement
levels for you. Just enter the high and low prices and watch
as the 38%, 50%, 62% and other retracement levels are calculated.
Fibonacci Trading
Lessons
I'll share all the
Fibonacci secrets! Trading lessons that show you how
to use Fibonacci price and time retracements to identify
low risk trading opportunities in today's stock market.
Fibonacci Trading
Resources
You're probably wondering
why I am giving you so much information for free. What's
the catch? It's very simple. I hope that you will absolutely
LOVE the information enough to seriously consider paying
for the Fibonacci trading resources that I
will occasionally recommend.
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Up NOW!
Trade well!!!
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