Fib Time Analysis

Hi,

I’ve been trying to get some details on how to apply Fib Time Studies to my charts. There are a couple of general articles on websites I’ve visited, but none of them really get into the actual mechanics of where to place Fib Time Studies on your chart. Does anyone know where (website, book, etc.) I might find some good info on this topic?

Many thanks,
Jennifer

Hello,
I am sure you can find tons of reference in the net about using fib to trade. In fact, here in ForexFactory, you can find some fantastic threads of trading with fib. How do you use it now? Maybe you can post some chart on it. I been tinkering with Fib. One idea is to plot Fib based on the monthly chart of EU from the highest point to the lowest point and to view the Fib as major support and resistance lines. Like here in the chart:



I hope I am not sidetracking

Fib Time Series, in MT4, can be used to intersect similarly-shaped temporary patterns and so be able to trade more dependably from the repetition. An example is here:
http://www.forexfactory.com/showpost...1&postcount=21

With a little practice , you can get repeating patterns from the Fib Time Series on the 5' fairly regularly. This application is tricky on the 1', because, often, the repeated shape is flipped or skewed beyond recognition or the chart line's slope differs heavily between the shape's examples; or, the time series is moot since a channel may just repeat a shape one after another.
The arc, as an ellipse, is similar.

Wow....I really got it wrong. I did not really realize that it was about the Fib Time Series being referred to. Sorry about that.