NEWS

10th September 2007 --
Fibonacci calculator v2.04
is now available for download.




 

 

Longs should be entered below close price and as close to low as possible. For short, enter above close price and as close to
high as possible. Data starts from EOD on 31st August for trading on 1st September. If an entry cannot be obtained above/below a close price as a minimum entry point, then it should be avoided. Patience is key, even if you miss the entry and a stock moves fast. You will of course have to consider your trading platform, i.e a spread betting account would just have allowed an entry to AV on Friday, wheras a CFD account a bid price of 746.5 was available.

Trades are intended as short term positions, max usually 10 days with most playing out to profit within 3-5 trading days.

NO TRADE = price did not acieve minimum entry requirement

OCTOBER 2006

EPIC EOD Date Long / short Close High Low Best entry Exit date Price Traded Best exit Date
BI 06/10/2006 Short 486.75 495.0              
BT.A 06/10/2006 Short 266.5 269.0              
CW 06/10/2006 Short 140.0 143.25              
                       
                       

 


 
   
 
  Last update 27th April 2007   Copyright © 2006 Trader Software