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Fibonacci Ret

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james71

Posted : Tuesday, December 20, 2005 5:26:32 PM

Registered User
Joined: 12/16/2004
Posts: 24

Hi,
Is there a way to find stocks witch have trended down made a bottom and then pulled back to a Fib retracement level.
Many thanks

Craig_S

Posted : Tuesday, December 20, 2005 7:41:40 PM

Worden Trainer

Joined: 10/1/2004
Posts: 18,819

Check out this video for me:

Fibonacci Retracement Levels

- Craig
Here to Help!

james71

Posted : Tuesday, December 27, 2005 4:57:01 PM

Registered User
Joined: 12/16/2004
Posts: 24

Hi Craig,
Thanks for the link, but it didn't show me what I was after,witch was for stocks that had been trending down to new lows then pulling back to a Fib retracement level,whereas the link showed stocks reaching new highs then pulling back to Fib retracement levels.Can you give me any more help with this?
Many Thanks

Craig_S

Posted : Tuesday, December 27, 2005 5:01:37 PM

Worden Trainer

Joined: 10/1/2004
Posts: 18,819

It is only a matter of changing the PCFs. The same technique can be used.

Check out this thread:

Fibonacci retracement

I think you will find some of the discussion under the original video helpful as well.

- Craig
Here to Help!

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