introduction to advanced fibonacci time and price analysis ... · fibonacci timing . we use the...

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1 Introduction to advanced Fibonacci Time and Price Analysis @Fibonacciqueen on TWITTER

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Page 1: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Introduction to advanced Fibonacci Time and Price Analysis

@Fibonacciqueen on TWITTER

Richard Hefter
Richard Hefter
www.ElliottWaveTrader.net/signup/fma
Page 2: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Page 3: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Page 4: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Page 5: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Page 6: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Page 7: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Page 8: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Page 9: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Why use this type of Fibonaccianalysis??

It enables you to identify high probability, relatively low risk trade SETUPS where the risk is clearly defined along with the TARGETS.

Page 10: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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This works on any time frame and essentially any good market data.

I have applied this method to Stocks, ETF’s, Futures and the FOREX markets.

It is an excellent methodology to use with OPTIONS strategies!!

You can see things in the market that you will NEVER see using indicators alone.

Page 11: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Fibonacci Numbers

Fibonacci Number Series: 0,1,1,2,3,5,8,13,21,34,55,89,144,233,etc…

The number series will continue to infinity by adding the previous two numbers

Page 12: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Fibonacci RATIOSderived from the # series

are used in this analysis

The ratios used are:.382, .50, .618, .786, 1.0, 1.272 & 1.618

(.236, 2.618, 4.236-confirming ratios)

Page 13: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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I can show you where .618 came from…but what about some of these

other ratios?

1.0 - .618 = .3821.0 divided by 2 = .50

square root of .618 = .7861.618 is the expansion of .618square root of 1.618 = 1.272

.618 - .382 = .236

Page 14: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Fibonacci Price RetracementsFor possible support, we run low to high swings using the ratios below.

For possible resistance, we run high to low swings using the same ratios

% Retracement .382, .50, .618, .786

low

high

for potential support

for potential resistance

high

low

Page 15: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Page 16: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Page 17: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Fibonacci Price Extensions

Price extensions are essentially Retracements beyond 100%. We use the ratios of 1.272 and 1.618.

We run the run low to high swings for possible support.We run the high to low swings for possible resistance.

low

high

high

low

Page 18: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Page 19: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Page 20: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Page 21: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Fibonacci Price Projections

lowFibonacci price projections are measured from 3 points on the chart to compare swings in the same direction. We mostly use 1.00% and sometimes 1.618 for these projections.

We run prior low to high swings from another low for possible resistance.We run prior high to low swings from another high for possible support.

high

low

for possible resistance for possible support

high

low

high

Page 22: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Page 23: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Page 24: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Page 25: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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My most powerful trade setup is called a

Fibonacci PRICE Cluster

Definition: the coincidence of at least 3 Fibonacciprice relationships that come together within a

relatively tight range.

Page 26: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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A cluster is the coincidence of atleast 3 Fibonacci price relationships

Page 27: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Now how do you trade this??

First we need what I call a TRIGGER to tell us it is worth placing a bet against this

price cluster zone!!

For this we go down to a lower time frame chart!

Page 28: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Page 29: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Page 30: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Page 31: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Page 32: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Page 33: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Page 34: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Page 35: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Page 36: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Page 37: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Page 38: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Page 39: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Counter trend decision!!

Page 40: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Fibonacci TIMING We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

For example, we will measure the time between a prior high to high swing and then multiply that TIME by the ratios and project the results in the future. When we see TIME clusters, we look for a possible change in trend.

*****Also, when TIME and PRICE come together, you have a much higher probability trade setup! *****

Page 41: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Page 42: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Page 43: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Page 44: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Page 45: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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We had 4 cycles between 1/13-14 in GDX

Page 46: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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We had 3Cycles in TSLA 2/4

Page 47: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Page 48: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Page 49: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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TIME symmetry

Page 50: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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Intraday timing

Page 51: Introduction to advanced Fibonacci Time and Price Analysis ... · Fibonacci TIMING . We use the same ratios that we use on the PRICE axis of the market and APPLY it to the TIME axis!!

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