FibCalc Examples

The opinions expressed in this column are based on how I interpret Events, the Market, and the Charts -- unless otherwise noted --  and are not recommendations to buy or sell securities. Trading stocks involves risk. Never put your money on the line without a thorough understanding of what you are doing, and why you are doing it, based on your own personal experience. No Chart Pattern works out the way we think it should every time,  so it is vitally important to have a protective Stop-Loss and/or Exit point planned before entering into a trade. Do your own research and testing before attempting any of the techniques discussed in my columns, materials, courses, or emails. I cannot be held liable for any trading decisions based on any information obtained from me. - Rick LaPoint

Real Examples from the Market

UpTrend Retracing Down

DownTrend Retracing Up

Lesson: 50% Phenomenon Theory

50% Phenomenon Down

Pivot Dates by Ratio

Pivot Dates by Ratio

Here is FibCalc II with DATE Inputs using the High and Low of the last solid trend of the Nasdaq. This gave us the Fibonacci Anticipation for what was to come next.

How well did Fib Time Theory work out? There were one or two dates that fell mid-stream (not shown) but overall Fibonacci Time Theory has worked well for us in a very difficult Market. Note that I put in the arrows -- FibCalc II does not determine Time direction. My arrows merely reflect the direction the Market turned at the Fibonacci Dates. Calculator Dates that fell on a weekend I merely rounded to the closest Trading Date. Simple as Humble Pie!