Fibonacci – Where to Start?
When measuring Fibonacci Retracement or Projections in an established trend there is a big practical problem: where to start measuring? Is this reaction a reaction to the most recent impulse? Is it a reaction to an earlier one? Is it going to be a reaction to the whole move so far? 38.2% of each of these is going to be very different. It will be clear when the market holds and the trend resumes but how can you make an intelligent decision now without the benefit of hindsight. This is an important skill for the practical application of advanced Fibonacci techniques. If a future Surgery Trevor Neil will look at Fibonacci – Where to Trade? At what point can you say the Fibonacci level has actually held?
Each month Trevor Neil presently live four times on subjects relating to market timing skills and theory. The Friday sessions are at 06.00am Singapore time, 10.00 London time and Noon NY time and on the Monday following at 11.00 London time for those who do not find Fridays convenient. They last one hour and are live and free and open to all. You will receive the session slides after the session. If you are interested to attend on of Trevor Neil’s classes see www.betagroup.co.uk/course or if you would like him to present, share his experience and teach at your firm or to your group, wherever you are, see http://betagroup.co.uk/tailored-training/. This is a surprisingly economical option and the very best way to learn and profit from this skill.
This session is featured in Trevor Neil’s courses: Technical Analysis in the Dealing Room. It can be part of your bespoke in-house course.
For over five years on the third Friday of each month and the following Monday, one of the world’s most experienced and well-known technical analysts has presented his Trevor Neil’s Friday Technical Analysis Surgeries. Suited for all market participants, whatever their level and available at a time to suit you. Each session is live and interactive and lasts about an hour. There is an accompanying manual which is only available to attendees. Learn for free from Thomson Reuters only third-party provider of technical analysis courses. See www.betagroup.co.uk/courses for more information on his courses and to find out how to have him teach you and your colleagues in your office. You can book a call to discuss bringing Trevor to you and your colleagues HERE