DislikedWell no, swings. But I meant the DZ = being the range which seemed to lead into a "long or short" decision type of thing.
I'm not yet very clear of what's really going on is the thing probably
The DZ is one tool in my decision making process.
Well, yes, but I don't ever do anything on pure movement alone if there isn't some PA to go with it and usually there's only 1-2 "main" fibs on large TF outlining an area where to look for it..i.e. what I mean is the fibs are just one of many hints like s/r and TLs are, whereas what's actually traded is other stuff, which is why I'm curious about what's being done here.
Agreed, if you look back thru a few of my charts, you will see that I normally have a couple of other S&R levels shown - sometimes for clarity they are omitted. Likewise for clarity I try to just show 1 set of fibs / timeframe and post the chart that shows the clearest picture. I also monitor and have similar charts up for GU, UJ, Swissy and the Dow / S&P - all of these have input into my decision making.
I might take a gander, but it seems Skunny's at least is missing a clear and concise "abstract"(i.e. summary) to orient oneself by - or so it seems many have complainedIgnored
For those needing a more detailed explaination, I would suggest that they read this thread: http://www.forexfactory.com/showthread.php?t=50767
Bobokus is a very experienced trader who I understand taught Skunny about fibonacci. That thread is continually updated with real time trades, comments and help and is real example IMO of what is best in FF.
Trading Levels with WRBs