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fib level help 2 replies

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Fib level : 76.4 or 78.6?

  • Post# 1
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  • First Post: Mar 27, 2007 7:52pm
  • Skyhr
    Joined Oct 2006 | 213 Posts | Status: Order in Chaos
I don't know why but some people are using 78.6 even though 76.4 is 1 - 23.6

Are both valid? Some people use one or the other.
  • Post# 2
  • Quote
  • Mar 27, 2007 8:12pm
  • bbh011
    Joined Jan 2007 | 2 Posts | Status: Member
78.6 is the real one......
here is at table for all fibs.

1st Support Level - 14.6%2nd Support Level - 18.6%3rd Support Level - 23.6%4th Support Level - 30%5th Support Level - 38.2%6th Support Level - 44.7%7th Support Level - 48.6%8th Support Level - 50%9th Support Level - 56.4%10th Support Level - 61.8%11th Support Level - 68.5%12th Support Level - 70.7%13th Support Level - 78.6%14th Support Level - 88.6%15th Support Level - 94%16th Support Level - 100%17th Support Level - 12.7%18th Support Level - 14.4%19th Support Level - 14.6%20th Support Level - 16.18%21st Support Level - 19.02%22nd Support Level - 200%23rd Support Level - 20.5%24th Support Level - 22.4%25th Support Level - 26.18%

Good luck.........
  • Post# 3
  • Quote
  • Mar 27, 2007 10:21pm
  • grkfx
    Joined Apr 2006 | 246 Posts | Status: Member
I have not heard of the 76.4. I sometimes use the .786/ 78.6 as it is the square root of .618 although I do not give it nearly as much significance as the other fibs like 61.8, 38.2
Private message me for a link to my order flow website.
  • Post# 4
  • Quote
  • Mar 1, 2009 1:08am
  • JoeTraderFx
    Joined Feb 2009 | 4 Posts | Status: Member
Quoting bbh011
78.6 is the real one......
here is at table for all fibs.

1st Support Level - 14.6%2nd Support Level - 18.6%3rd Support Level - 23.6%4th Support Level - 30%5th Support Level - 38.2%6th Support Level - 44.7%7th Support Level - 48.6%[font=Arial][color=#ffffff]8th...
where did u get this fib table from??
  • Post# 5
  • Quote
  • Mar 1, 2009 1:17am
  • tdion
    Joined Nov 2005 | 3,103 Posts | Status: EURUSD Quant FREAK
like it matters
  • Post# 6
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  • Last Post: Mar 1, 2009 2:07am
  • Shermenator
    Joined Jan 2008 | 2,984 Posts | Status: Member
Quoting tdion
like it matters
Lmao completly agree
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