Jump to content
Medved Trader Forums
  • 0

Fibonacci Fan drawing


jfritchey

Question

6 answers to this question

Recommended Posts

  • 0

Getting the Fib Fan drawn at the same starting point as a trend line can be tedious at best. The trend line needs to be moved, the Fib Fan drawn and the trend line moved back over top of the Fib Fan.  It was so easy in QT to right click anywhere on the trend line, select Fib fans and QT drew it perfectly without any need for manipulation.

 

Please consider for the future.

Link to comment
Share on other sites

  • 0

I draw the trend line first on a historical chart and use the selected indicators before making a buy decision.  After I make the decision to buy the stock, I draw the FIB Fans to  determine a buy point.  I also draw a trend line when news or earnings occur after hours and then draw the Fib Fan to try and figure where the stock will open or how high it will go that day.  In the final review I always do draw the trend line first.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Answer this question...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...