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Re:Fib/Cocoa/Example



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Thought a real-time fib(golden rule...whatever you want to call it)
example might be of some interest.................

March Cocoa had a move from 15.59-1766 or 207 points......
.618*207=128....If we 1766-128...we get a target of 16.38..........

There are, of course, many ways to trade this depending on one's
risk, account size etc.........but I thought it might be an interesting
example of using .618 retracements(no other indicators,
cycles,planets..etc...just one simple calculation)............

Tom Stein
comfut@xxxxxxx