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Re: Fw: More On Fibonacci



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> Interesting stuff... But how does one apply this to trading?
>
> I do enjoy reading about all aspects of Fibonacci. If you can
> ignore the religious fervor, you might enjoy this website:-
> http://www.evolutionoftruth.com/div/fibomyst.htm
>
> But when it comes to trading, the Fibonacci habits of
> rabbits are not of much use.. There are good Fibonacci
> techniques, which provide a reliable trading tool, but don't
> get lost in the poetry of Fibonacci..
>
> -Neal.


                    I would just focus on confluence of fib levels and
projection agreements off different primary swings. Don't stay long on
entrys because it's self fulfilling but usually works in all time frames
with confirming tools. Fib work along the time axis is of little use in my
analysis............jimmy