Fibonnaci Time Zones

[rob1]

What is the best way to apply Fibonnaci Time Zones?

On what time frame is it best used?

Should I merely go back to the last day where there was a major change and go from there?

Finally, how many divisions are there to the Fib Time Zones - 3 or more?

Thank you.

[cwrrussell]

Fib Time zones?

Rob,

Can you clarify what you mean by fib time zones? Are you talking about the fib time projection tool?

Craig Russell

PS. the mentoring sessions we now offer with Advanced GET are the perfect forum to get these questions answered in realtime while we share charts and go over the application of the various tools.

[DuaneG]

Hi Rob,

You may want to read through the following article from the eSignal Knowledge Base that illustrates the proper usage of the Fibonacci Time Tool.

Fibonacci Time uses the exact same series of numbers that the retracement and extension tools use. The Fibonacci number sequence is static in the sense that the numbers don't change whether you are drawing for price (vertically) or for time (horizontally).

Fibonacci Time

Hope this helps.