Comments on: Five Fibonacci Tricks http://www.traderslog.com/fibonacci-tricks/ Online Trading Community for Stocks Futures and Forex Traders Tue, 27 Dec 2011 07:21:15 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Martin Eshleman http://www.traderslog.com/fibonacci-tricks/comment-page-1/#comment-655 Martin Eshleman Sat, 10 Jul 2010 13:30:20 +0000 http://qs2506.traderslog.com/2009/09/24/five-fibonacci-tricks-2/#comment-655 Fibonacci ratios are the best. And Bob Martin is right. The golden ratio can be applied to time as well. It is very effective in determining reversal points. Thanks for this great information. Fibonacci ratios are the best. And Bob Martin is right. The golden ratio can be applied to time as well. It is very effective in determining reversal points. Thanks for this great information.

]]> By: Bob Martin http://www.traderslog.com/fibonacci-tricks/comment-page-1/#comment-220 Bob Martin Thu, 07 Jan 2010 22:46:20 +0000 http://qs2506.traderslog.com/2009/09/24/five-fibonacci-tricks-2/#comment-220 Very nice graphics used to make your points. I just wanted to say that in the early 1980's, system sellers were using fibonacci golden ratios to predict the exact time of a turning point. For example if it was 11 days between highs, you would multiply 11 times 1.68=18.48 days. So in 18 days the market would turn. If it was in a down trend in 18 days...buy. And if in a up trend in 18 days...sell. This was 30 years ago when I played with it for fun. I would measure time from highs to highs, lows to low, high to lows, and lows to highs. I would also use .68 as a multiplier. I ended up with a bunch a points in the future and if different measurements were giving me the same turning point day, it was a pretty good forecaster.

Very nice graphics used to make your points. I just wanted to say that in the early 1980′s, system sellers were using fibonacci golden ratios to predict the exact time of a turning point. For example if it was 11 days between highs, you would multiply 11 times 1.68=18.48 days. So in 18 days the market would turn. If it was in a down trend in 18 days…buy. And if in a up trend in 18 days…sell. This was 30 years ago when I played with it for fun. I would measure time from highs to highs, lows to low, high to lows, and lows to highs. I would also use .68 as a multiplier. I ended up with a bunch a points in the future and if different measurements were giving me the same turning point day, it was a pretty good forecaster.

]]>