Hey southernmind, here is the fib channel template file. After you install Metatrader, just drop it into the /templates folder and restart MT4. Open up a UY chart, right-click on the chart and select Template>Fib Channel.
You can double-click on the High/Low lines of the channel to reveal the pivot points to move it around. If you right-click on the channel line, you can look at the properties of the channel and how its set up.
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You can double-click on the High/Low lines of the channel to reveal the pivot points to move it around. If you right-click on the channel line, you can look at the properties of the channel and how its set up.
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Attached File(s)
I am holding a short position based on my own judgement like you are now, but I may be holding a long position tomorrow. Who knows? If I go short, I would rather listen to the reasoning of long traders. If I go long, I would rather listen to the reasoning of short traders. This should be a good way to learn from others. 
