DislikedHi mbtjsmit,
1). Your intraday fib is drawn from the high to the low of the day as at the time that you are at your computer, and not necessarily at 3:00am EST. The 3am is only relevant for persons looking for setups at and after that time.Ignored
You are so kind to spend all this time teaching others. We are blessed.
Thanks for your clarification.
With the intraday fib being drawn the high to the low of the day as at the time that you are at your computer,
IN AN UPTREND FOR EXAMPLE
it is easy to get the high but how far back do we we go to get the low to use. I noticed from examples you do not always use the last low, so how do you determine which low to fib to from the high.
When using the 3am est as per the pdf, we look for the high and low between 12 and 3. But if we are not using this time period, how far back do we go?
Hope that makes sense.