Advanced Get - Fib Time Help

coolabhi99 · #1 21st March 2008, 01:21 PM

Dear All,

I use Advanced Get 7.8 EOD. I am not able to understand how to use Fib Time Level.

Would appreciate if some one can help and post their views as well as any charts if possible.

Thanks in advance,

Abhi

aircraft · #2 21st March 2008, 10:50 PM

Fibonacci time levels show a high probable days or time of market reversals. As time is on horizontal X axis on chart it can just be said as fib levels horizontally. Just as price expansion which show resistance levels after 100% Fib time shows a high probable time frame where a reversal can be expected. important levels to watch is 61.8,100,161.8 and their corresponding dates on EOD or time if it is intraday.

coolabhi99 · #3 24th March 2008, 11:30 AM

Hi Aircraft,

Thanks for the reply but my doubt still remains. My doubt is as follows :

1. How do i click on the chart for getting Fib Time levels. For eg, for getting the Fib Retracement we click either from the low to high or vice versa.

2. Do we take the Fib Time from P to P or J to P pivot the exact way plz....

Thanks in advance,

Abhi

uasish · #4 24th March 2008, 11:47 AM

The tool is at side pane & it moves horizentally,place it on a significant P say on Satyam's near month's 22nd Aug then move right to sync with any next P ,by moving up down you align it to say on 27th Dec's P the .618 line .You will find the 1.00 has been overlayed on 17th March ,see from that day it has not come down.

uasish · #5 25th March 2008, 08:04 AM

The chart of Hero Honda for Coolabhi99,with Fib - Time in A.Get.

aircraft · #6 25th March 2008, 10:34 PM

This tool is below fib extension or may be positioned slightly elsewhere due to software version difference and interface difference. Locate with the mouse on it for the tool tip.

Here one thing I have to make clear. Fib time is slightly different from retracements. Though the ratios are same the first point is selected from a pivot and next ratio is manually adjusted to overlap on the next pivot. This projects the other ratios away from the overlaped pivot which provides a high probable areas of market reversals. Mind you these are only logical time projections.

Again do not confuse yourself with price retracement which is exclusive for Y axis studies. This one is applies only for X axis i.e the time scale.

Tip: For best results use different time frames for taking projections. I mean use a projection from daily time frame then take an another from weekly chart. of course monthly chart projection is a welcome. Look out for overlaping ratios which suggest strong reversal times.

good luck- happy trading

coolabhi99 · #7 5th June 2008, 10:50 PM

Quote:

Originally Posted by uasish

The chart of Hero Honda for Coolabhi99,with Fib - Time in A.Get.

Hi Uasish,

Thanks for the chart and crystal clear explanation.

Sorry i was out of the country and could not apply my mind on this and hence this delay in posting my reply.

I have a few moire doubts..R u on MSN / ***** / Skype?? Do add me if so my id is abhinaysharma on ***** & MSN & coolabhi99 on Skype.

Where r u from?

Look forward to your support once again.

Thanks in advance,

Abhi

coolabhi99 · #8 5th June 2008, 10:51 PM

Quote:

Originally Posted by aircraft

This tool is below fib extension or may be positioned slightly elsewhere due to software version difference and interface difference. Locate with the mouse on it for the tool tip.

Here one thing I have to make clear. Fib time is slightly different from retracements. Though the ratios are same the first point is selected from a pivot and next ratio is manually adjusted to overlap on the next pivot. This projects the other ratios away from the overlaped pivot which provides a high probable areas of market reversals. Mind you these are only logical time projections.

Again do not confuse yourself with price retracement which is exclusive for Y axis studies. This one is applies only for X axis i.e the time scale.

Tip: For best results use different time frames for taking projections. I mean use a projection from daily time frame then take an another from weekly chart. of course monthly chart projection is a welcome. Look out for overlaping ratios which suggest strong reversal times.

good luck- happy trading

Hi Aircraft,

Thanks for the chart and crystal clear explanation.

Sorry i was out of the country and could not apply my mind on this and hence this delay in posting my reply.

I have a few moire doubts..R u on MSN / ***** / Skype?? Do add me if so my id is abhinaysharma on ***** & MSN & coolabhi99 on Skype.

Where r u from?

Look forward to your support once again.

Thanks in advance,

Abhi

uasish · #9 5th June 2008, 11:50 PM

coolabhi99,

Received your pm & seen your post,i am available here in the Forum once in a day almost everyday.

Asish

coolabhi99 · #10 5th June 2008, 11:51 PM

My doubt is which pivots do i click on for calculating the Fib TIme?

I tried doing it on Nifty Future but was unsuccessful.

Kindly provide step by step guide.

Thanks a ton,

Abhi