Comments on: SP500 Fibonacci Price Clusters and Confluence Chart

Comments on: SP500 Fibonacci Price Clusters and Confluence Chart http://blog.afraidtotrade.com/sp500-fibonacci-price-clusters-and-confluence-chart/ Helping traders overcome fears and emotions in trading Thu, 09 Feb 2012 14:53:15 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Fxxtrader http://blog.afraidtotrade.com/sp500-fibonacci-price-clusters-and-confluence-chart/comment-page-1/#comment-217149 Fxxtrader Tue, 20 Dec 2011 11:57:32 +0000 http://blog.afraidtotrade.com/?p=3348#comment-217149 Hi Corey,<br><br>my platform won't draw fib support or resistance levels as Connie suggest: for support start at the high and move down to the low and for resistance start at the price low and move up to market price. The book says to change default setting so that the line ratios are drawn across the entire computer but I do not know how to do that. I am trading with marketscope, any thoughts on changing the default way of drawing fibs? Hi Corey,

my platform won't draw fib support or resistance levels as Connie suggest: for support start at the high and move down to the low and for resistance start at the price low and move up to market price. The book says to change default setting so that the line ratios are drawn across the entire computer but I do not know how to do that. I am trading with marketscope, any thoughts on changing the default way of drawing fibs?

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]]> By: Claudio http://blog.afraidtotrade.com/sp500-fibonacci-price-clusters-and-confluence-chart/comment-page-1/#comment-215091 Claudio Tue, 02 Nov 2010 21:09:10 +0000 http://blog.afraidtotrade.com/?p=3348#comment-215091 sheat sheat

]]> By: Nepharis http://blog.afraidtotrade.com/sp500-fibonacci-price-clusters-and-confluence-chart/comment-page-1/#comment-148962 Nepharis Tue, 09 Dec 2008 03:55:37 +0000 http://blog.afraidtotrade.com/?p=3348#comment-148962 Nice. I think we'll see some resistance for a few days, as it's hitting the 50 day MA (http://stockcharts.com/c-sc/sc?s=$SPX&p=DAILY&b=5&g=0&i=0&r=7308), but I do like ~1070 for a target, I'm thinking around the new year. 1160 seems like a lot of bounce, but I wouldn't count it out for a second push into February/inauguration. Nice. I think we’ll see some resistance for a few days, as it’s hitting the 50 day MA (http://stockcharts.com/c-sc/sc?s=$SPX&p=DAILY&b=5&g=0&i=0&r=7308), but I do like ~1070 for a target, I’m thinking around the new year. 1160 seems like a lot of bounce, but I wouldn’t count it out for a second push into February/inauguration.

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