[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: Fibonnaci price projections?



PureBytes Links

Trading Reference Links

<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN">
<HTML>
<HEAD>

<META content=text/html;charset=iso-8859-1 http-equiv=Content-Type><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN">
<META content='"MSHTML 4.72.3110.7"' name=GENERATOR>
</HEAD>
<BODY bgColor=#ffffff>
<DIV><FONT color=#000000 size=2>If&nbsp; you think about it, the A-B is a 
measure of the last thrust while B-C is a measure of the last retracement. If 
you look at stochastics, rsi and most other indicators, this is what they try to 
measure, however the results are filtered rather than pure. A long way of saying 
that working with thrust and retracement in pure form will give you the feel of 
the market - I subscribe to DiNapoli's approach.</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2>Earl</FONT></DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<BLOCKQUOTE 
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
    <DIV><FONT face=Arial size=2><B>-----Original Message-----</B><BR><B>From: 
    </B>Linda Swope &lt;<A 
    href="mailto:lswope@xxxxxxxxxxx";>lswope@xxxxxxxxxxx</A>&gt;<BR><B>To: 
    </B>RealTraders Discussion Group &lt;<A 
    href="mailto:realtraders@xxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxx</A>&gt;<BR><B>Date: 
    </B>Tuesday, March 16, 1999 2:42 PM<BR><B>Subject: </B>Fibonnaci price 
    projections?<BR><BR></DIV></FONT>
    <DIV><FONT color=#000000>I could use some help from those of you using 
    Fibonnaci ratios to set price projections.&nbsp; I have found 2 different 
    formulas from Joe DiNapoli and Robert Fischer.&nbsp; They calculate the 
    projections quite differently.</FONT></DIV>
    <DIV><FONT color=#000000></FONT>&nbsp;</DIV>
    <DIV><FONT color=#000000>If a stock moves in price from point A to point B, 
    and then retraces back to point C, DiNaploi figures you take (B-A), the 
    length of the original move, and multiply it by .618 or 1 or 1.618 and add 
    the results to C.</FONT></DIV>
    <DIV><FONT color=#000000></FONT>&nbsp;</DIV>
    <DIV>Fischer figures you take the length of the retracement, multiply it and 
    add it to C.</DIV>
    <DIV>&nbsp;</DIV>
    <DIV>One uses the length of the original move and the other uses the length 
    of the retracement as the basis.&nbsp; I've seen other formulas as 
    well.&nbsp; All give such different results.&nbsp; Any thoughts from 
    anyone?</DIV>
    <DIV>&nbsp;</DIV>
    <DIV>Thanks!</DIV>
    <DIV>Linda</DIV>
    <DIV><FONT color=#000000><BR>Swope's Mountain Photography<BR><A 
    href="mailto:linda@xxxxxxxxxxxxxx";>linda@xxxxxxxxxxxxxx</A><BR>Climb the 
    mountains &amp; get their glad tidings: Peace will flow into you as sunshine 
    into flower; the winds will blow their freshness into you &amp; storms their 
    energy, &amp; cares will drop off you like autumn leaves. John Muir 1838 - 
    1914</FONT></DIV>
    <DIV><FONT color=#000000></FONT>&nbsp;</DIV>
    <DIV><FONT color=#000000></FONT>&nbsp;</DIV></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Tue Mar 16 13:05:20 1999
Received: from list.listserver.com (198.68.191.15)
	by mail02.rapidsite.net (RS ver 1.0.2) with SMTP id 11131
	for <neal@xxxxxxxxxxxxx>; Tue, 16 Mar 1999 15:52:04 -0500 (EST)
Received: from localhost (localhost [127.0.0.1])
	by accessone.com (8.8.5/8.8.5/PIH) with SMTP id MAA19261;
	Tue, 16 Mar 1999 12:46:31 -0800 (PST)
Received: from neuman.interaccess.com (neuman.interaccess.com [207.70.126.130])
	by accessone.com (8.8.5/8.8.5/PIH) with ESMTP id MAA19109
	for <realtraders@xxxxxxxxxxxxxx>; Tue, 16 Mar 1999 12:43:58 -0800 (PST)
Received: from oemcomputer (d108.canal.interaccess.com [204.149.97.108])
	by neuman.interaccess.com (8.9.0/8.9.0) with SMTP id OAA08070
	for <realtraders@xxxxxxxxxxxxxx>; Tue, 16 Mar 1999 14:43:48 -0600 (CST)
Message-Id: <009501be6ffe$92e7e580$6c6195cc@xxxxxxxxxxx>
Date: Tue, 16 Mar 1999 14:44:35 -0800
Reply-To: capstone@xxxxxxxxxxxxxxx
Sender: owner-realtraders@xxxxxxxxxxxxxx
From: "Peter M. Beckwith" <capstone@xxxxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: LBR and Trading Consistency
MIME-Version: 1.0
Content-Type: multipart/alternative;
	boundary="----=_NextPart_000_0092_01BE6FBB.8269ECA0"
X-To: <realtraders@xxxxxxxxxxxxxx>
X-Priority: 3
X-MSMail-Priority: Normal
X-Mailer: Microsoft Outlook Express 4.72.3155.0
X-MimeOLE: Produced By Microsoft MimeOLE V4.72.3155.0
X-Listprocessor-Version: 8.1 -- ListProcessor(tm) by CREN
X-Loop-Detect: 1
X-UIDL: ca55c6b736de566a78c24cea0b1c1fce.01

<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN">
<HTML>
<HEAD>

<META content=text/html;charset=iso-8859-1 http-equiv=Content-Type>
<META content='"MSHTML 4.72.3110.7"' name=GENERATOR>
</HEAD>
<BODY bgColor=#ffffff>
<DIV><FONT color=#000000 size=2>I have also read that LBR has achieved nearly 
70% winners in her trading.&nbsp; I have absolutely no reason to doubt that this 
is true.&nbsp; In many of her articles and other related items she mentions that 
many of the best S&amp;P daytraders trade only one aspect of the market and only 
during one specific time of day.&nbsp; I would like to think that this is 
another reason why many professional traders do so well.&nbsp; As Chris 
mentioned, yesterday morning was an optimum time to enter the S&amp;P's(there 
was a trend), today was not.&nbsp; The professional trader would have probably 
built a significant position during yesterday's trading while today he may have 
been chopped up on smaller size.&nbsp; The amateur trader is always looking for 
action, always looking to trade taking very small profits and equally if not 
greater losses.&nbsp; Most of the time he does not increase his position size 
during a trend and does not decrease his position size during sideways 
action.&nbsp; I have come to understand this myself and I have tried to pass 
this information along to others who are unsuccessful as S&amp;P 
daytraders.&nbsp; Money management, trend identification, and a good emotional 
framework are the only ingredients to successful S&amp;P trading and yet it is 
still so difficult...</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT>&nbsp;</DIV>
<DIV><FONT color=#000000 size=2>Peter Beckwith</FONT></DIV></BODY></HTML>
</x-html>From ???@??? Tue Mar 16 19:34:02 1999
Received: from list.listserver.com (198.68.191.15)
	by mail05.rapidsite.net (RS ver 1.0.2) with SMTP id 17340
	for <neal@xxxxxxxxxxxxx>; Tue, 16 Mar 1999 22:32:27 -0500 (EST)
Received: from localhost (localhost [127.0.0.1])
	by accessone.com (8.8.5/8.8.5/PIH) with SMTP id TAA09614;
	Tue, 16 Mar 1999 19:27:33 -0800 (PST)
Received: from send205.yahoomail.com (web301.yahoomail.com [205.180.60.183])
	by accessone.com (8.8.5/8.8.5/PIH) with SMTP id TAA09503
	for <realtraders@xxxxxxxxxxxxxx>; Tue, 16 Mar 1999 19:25:42 -0800 (PST)
Received: from [24.94.22.15] by web301.yahoomail.com; Tue, 16 Mar 1999 19:26:03 PST
Message-Id: <19990317032603.27311.rocketmail@xxxxxxxxxxxxxxxxxxxxx>
Date: Tue, 16 Mar 1999 19:26:03 -0800 (PST)
Reply-To: dickwebb711@xxxxxxxxx
Sender: owner-realtraders@xxxxxxxxxxxxxx
From: Dick Webb <dickwebb711@xxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: ????? simulated real time trading
MIME-Version: 1.0
Content-Type: text/plain; charset=us-ascii
X-Listprocessor-Version: 8.1 -- ListProcessor(tm) by CREN
X-Loop-Detect: 1
X-UIDL: 6255fcfe5880fd60b6b6814ea55cf961.03

Does anyone know of a firm or a broker that offers internet based free
real time simulated trading?
A place to check out a system real time and get a feel for it. 

Thanks
Dick



==
Big Lucky Dick 

_________________________________________________________
DO YOU YAHOO!?
Get your free @yahoo.com address at http://mail.yahoo.com