PureBytes Links
Trading Reference Links
|
The key GEOMETRIC ratios for time & price analysis purposes are:
Contracting - 0.236, 0.300, 0.382, 0.486, 0.618, & 0.786
1.000/1.272 = 0.786
0.786/1.272 = 0.618
0.618/1.272 = 0.486
0.486/1.272 = 0.382
0.382/1.272 = 0.300
0.300/1.272 = 0.236
Expanding - 1.000, 1.272, 1.618, 2.058, 2.618, & 3.330
1.000*1.272 = 1.272
1.272*1.272 = 1.618
1.618*1.272 = 2.058
2.058*1.272 = 2.618
2.618*1.272 = 3.330
3.330*1.272 = 4.236
See attached!
Lenny
In a message dated 8/15/2001 9:20:43 PM Eastern Daylight Time,
dbewers@xxxxxxxxxxxxx writes:
.236 that is a new one, I use them frequently, can you elaborate Chris,
thanks
don ewers
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
Attachment:
Description: ""
|