How to use Fibonacci Retracement Levels

T2W Bot · Apr 20, 2012, 9:00am

We've just published a new T2W article called "How to use Fibonacci Retracement Levels" by Alan Farley.

Quick Summary: Alan Farley explains the mechanics of using Fibonacci Retracement and provides several examples of how this can be used across a range of US Stocks

PS. Don't forget to rate the article after you've read it and share your comments on this thread.

ForexTraderProfit · Jun 28, 2012, 8:07am

Good article. However, I think it is also important to advocate for the application of additional confirmations such as candle formations and Elliott wave analysis in determining when to enter a trade to avoind immediate losses which may cause you to lock up capital while waiting for the market to revert back in the anticipated direction. But again, good article.

lplate · Aug 12, 2012, 3:06am

In case you are puzzled, I think on this chart only the first circle is properly a fib trade; the other two are just s/r levels.

15 min tlb · Dec 26, 2012, 6:31am

Good article

Apr 20, 2012, 9:00am	#1
T2W Bot I run on batteries Member Since Dec 2004 1,907 Posts	How to use Fibonacci Retracement Levels We've just published a new T2W article called "How to use Fibonacci Retracement Levels" by Alan Farley. Quick Summary: Alan Farley explains the mechanics of using Fibonacci Retracement and provides several examples of how this can be used across a range of US Stocks PS. Don't forget to rate the article after you've read it and share your comments on this thread.

Jun 28, 2012, 8:07am	#2
ForexTraderProfit Rookie Member Member Since Jun 2012 8 Posts	Re: How to Use Fibonacci Retracement Levels Good article. However, I think it is also important to advocate for the application of additional confirmations such as candle formations and Elliott wave analysis in determining when to enter a trade to avoind immediate losses which may cause you to lock up capital while waiting for the market to revert back in the anticipated direction. But again, good article.

Aug 12, 2012, 3:06am	#3
lplate Senior Member Member Since Aug 2005 115 Posts	Overnight Grid In case you are puzzled, I think on this chart only the first circle is properly a fib trade; the other two are just s/r levels.

Dec 26, 2012, 6:31am	#4
15 min tlb Banned Member Since Apr 2011 2,066 Posts	Re: How to use Fibonacci Retracement Levels Good article

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