Recommendations

• In this page you can find daily buy and sell recommendations for equities listed in NYSE & NASDAQ.

• Recommendations will not be given as a buy or sell. Instead, it will be a number with fractions and a stop loss.

Example:

		Stop-loss
	Price	Long	Short
IBM	82.30	82.25	82.42
GS	67.80	67.68	67.88
.	.	.	.
.	.	.	.
.	.	.	.
xyz	123	123	123

Illustration:

1. A call received for IBM at 82.30, is it a buy/sell call?

• A buy or sell call depends on the market/stock open, if it is opened and trading above 82.30 then it is a buy call else it’s a sell call.

• Stop-Loss: If you are LONG then 82.25 is your Stop-loss.

: If you are SHORT then 82.42 is your Stop-loss.

Fibo-Extension: Example

Example for Fibo-Retracement

Site Map

Homepage

Last updated: 2008, December 12

/ 1 pages Fibonacci Trader
		11/ 4 pages Fibonacci Trader Fibonacci Trader Fibonacci Trader Fibonacci Trader
		12/ 55 pages Fibonacci Trader: Economic Indicators Fibonacci Trader: Beige Book Fibonacci Trader: Chicago Purchasing Managers' Index (PMI) Fibonacci Trader: Consumer Confidence Index Fibonacci Trader: Consumer Price Index (CPI) Fibonacci Trader: Durable Goods Orders Fibonacci Trader: Employment Cost Index (ECI) Fibonacci Trader: Employment Situation Fibonacci Trader: Existing Home Sales Fibonacci Trader: Gross Domestic Product (GDP) Fibonacci Trader: Housing Starts and Building Permits Fibonacci Trader: Industrial Production and Capacity Utilization Fibonacci Trader: Initial Claims Fibonacci Trader: ISM Manufacturing Index Fibonacci Trader: ISM Services Index Fibonacci Trader: New Home Sales Fibonacci Trader: Personal Income and Consumption Fibonacci Trader: Philadelphia Fed Fibonacci Trader: Producer Price Index (PPI) Fibonacci Trader: Retail Sales Fibonacci Trader: International Trade Fibonacci Trader: Bullish Upside Gap Three Methods Fibonacci Trader: 10 Rules for successful trading Fibonacci Trader Fibonacci Trader: Chart Patterns Fibonacci Trader: Five Fibonacci Tricks Fibonacci Trader: Bullish Side-by-Side White Lines Fibonacci Trader: Bullish Patterns Fibonacci Trader: Bearish Patterns Fibonacci Trader: Bottom Triangle Wedge Chart Pattern Fibonacci Trader: Ascending Continuation Triangle Chart Pattern Fibonacci Trader: Continuation Diamond (Bullish) Stock Chart Pattern Fibonacci Trader: Continuation Wedge Fibonacci Trader: Cup with Handle Bullish Chart Pattern Fibonacci Trader: Double Bottom Chart Pattern Fibonacci Trader: Flag (Bullish) Stock Chart Pattern Fibonacci Trader: Head and Shoulders Bottom Chart Pattern Fibonacci Trader: Bullish Pennant Chart Pattern Fibonacci Trader: Symmetrical Triangle Chart Pattern Fibonacci Trader: sitemap Fibonacci Trader: Bullish Concealing Baby Swallow Fibonacci Trader: Bullish Mat Hold Fibonacci Trader: Bullish Rising Three Methods Fibonacci Trader: Bullish Breakaway Fibonacci Trader: Bullish Ladder Bottom Fibonacci Trader: Bullish Three-Line Strike Fibonacci Trader: Bearish Falling Three Methods Fibonacci Trader: Bearish Breakaway Fibonacci Trader: Bearish Three Line Strike Fibonacci Trader: Bearish Downside Gap Three Methods Fibonacci Trader: Bearish Downside Tasuki Gap Fibonacci Trader: Bearish Side-by-Side White Lines Fibonacci Trader: Bearish Abandoned Baby Fibonacci Trader: Bearish Advance Block Fibonacci Trader: Diamond Bottom Chart Pattern

---

Page generated by XML-Sitemaps.com - A Google sitemaps and html sitemaps generator
|
Copyright © 2006, 2007

Fibonacci - Trader

Fibonacci-Trader is the page dedicated to Fibonacci tools for the benefit of day traders, though all our examples used for illustration comes from equities listed in New York Stock Exchange (NYSE) and NASDAQ; the tool is proved to be good for all global markets and in all market conditions.

- Baskaran Rathinam

Fibonacci Extension

Fibonacci levels are a standard measure for support and resistance levels within the market. These levels are calculated by analyzing the retracement levels between two swing points (Peak and Trough).The next question we have to ask ourselves as traders, is what happens when price exceeds the very swing points we use to calculate our Fibonacci levels? At what point do we look to exit our position?

The key to these questions are Fibonacci extensions. Fibonacci extensions provide price targets that go beyond a 100% retracement of a prior move. The levels for Fibonacci extensions are calculated by taking the standard Fibonacci levels and adding them to 100%. Therefore, the standard Fibonacci extension levels are as follows: 138.2%, 150%, 161.8%, 231.8%, 261.8%, 361.8% and 425.0%.

Key Fibonacci Extension ratios:

• 161% (1.618)
• 261% (2.618)
• 425% (4.250)

Fibonacci Retracement

Fibonacci retracement is created by taking two extreme points (usually a major peak and trough) on a stock chart and dividing the vertical distance by the key Fibonacci ratios of 0%, 25%, 38%, 50%, 62% and 100%. Once these levels are identified, horizontal lines are drawn and used to identify possible support and resistance levels.

Key Fibonacci Retracement ratios:

• 25%(0.250)
• 50%(0.50)
• 62%(0.618)

Home

Fibonacci trading is the page dedicated to teach Fibonacci tools for day traders, though all our examples used here for illustration comes from equities listed in New York Stock Exchange; this technical tool can be used in any segment of stock market globally.

I take this page "Fibonacci-trader" for active training based on Fibonacci patterns as and when they arises in stocks (NYSE) in day trading. I also take this opportunity to explore to the stocks listed in various sectors and industries, i would also post recommendations for the next trading day based on Fibonacci tools.

Fibonacci numbers

Fibonacci numbers were developed by Leonardo Fibonacci and it is simply a series of numbers that when you add the previous numbers you come up with the next number in the sequence. Here is an example:

1, 2, 3, 5, 8, 13, 21, 34, 55

See how when you add 1 and 2 you get 3? Now add 2 and 3 and you get 5, and so on. So how does this sequence help you as a swing trader?

Well, the relationship between these numbers is what gives us the common Fibonacci retracement pattern in technical analysis.

Fibonacci tools

Some of the important Fibonacci tools available for technical analysis:

• Fibonacci Retracement
• Fibonacci Extension
• Fibonacci Time
• Fibonacci Circle
• Fibonacci Channel

The blog "Fibonacci-Trader" would closely concentrate on the top 2 Fibonacci tools:

1. Fibonacci Retracement
2. Fibonacci Extension