Guidelines to use with Fibonacciqueen trade （使用与Fibonacciqueen贸易指南）.pdf

Guidelines to use with Fibonacciqueen trade setups!!! Updated January 2014 As far as the price analysis that I run every day in the markets, there are three different types of Fibonacci price relationships I use in my analysis. They are price retracements, extensions and projections. First I run price retracements of prior swings for possible support or resistance using the ratios of 0.382, 0.50, 0.618, and 0.786. I will also run price extensions of prior high to low or low to high swings using the ratios of 1.272 and 1.618 for possible support or resistance. The third type of price relationship I look at is what I call a price projection which is calculated using three points on a chart. This is where I am actually comparing swings in the same direction. For projections I would measure a prior low to high swing and project from another low, or measure a high to low swing and project from another high. For the price projections I mostly use 100% and sometimes 1.618. (Many technical analysis packages actually call the tool using three points an extension tool rather than a projection tool. Bottom line it does not matter what you call it, but that you use the tool will allow you to choose three points to calculate this third type of price relationship.) By running all possible price relationships on any particular chart, I work to identify one of the three trade setups that I look for every day. They are Fibonacci price clusters, Symmetry setups and two-step pattern setups. The first two are more common than the third. Fibonacci Price Cluster: The coincidence of at least three Fibonacci price relationships that come together within a relatively tight range. These clusters identify a key support or resistance decision. Symmetry setup: The definition of symmetry is similarity or equality of swings in the same direction. We find symmetry setups by running a 100% price projection or “measured move” of