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Codan's Golden run to continue
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<blockquote data-quote="Bacchus" data-source="post: 334494" data-attributes="member: 4092"><p>G'day HeadsUp glad that you also find charting interesting and I hope profitable. I am more of a fundamental analyist and work in partnership with a chartist. We use the standard Fibonacci retracement levels of 38.2 , 50 and 61.2 percent but mainly in correlation with candlestick charting for confirmation. Our chartist tries to explain Fibonacci arcs and fans to me but to be honest it does my head in. I have a primary responsibility of making sure companies are a viable concern and when the two line up we make a trade . I too am amazed at a good Chartists accuracy</p><p></p><p>Cheers and good luck</p></blockquote><p></p>
[QUOTE="Bacchus, post: 334494, member: 4092"] G'day HeadsUp glad that you also find charting interesting and I hope profitable. I am more of a fundamental analyist and work in partnership with a chartist. We use the standard Fibonacci retracement levels of 38.2 , 50 and 61.2 percent but mainly in correlation with candlestick charting for confirmation. Our chartist tries to explain Fibonacci arcs and fans to me but to be honest it does my head in. I have a primary responsibility of making sure companies are a viable concern and when the two line up we make a trade . I too am amazed at a good Chartists accuracy Cheers and good luck [/QUOTE]
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Codan's Golden run to continue
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